What is the Private Pension Retirement Plan?

It is an incredible program for accumulating money for retirement that you design for yourself. It does NOT require IRS approval and can be in addition to a 401k or any other type of retirement plan that you have now.

How safe is this plan?

This plan has a 100% guarantee of principal and is backed by one of the finest life insurance companies in America.

How much of a return would I get?

The Private Pension Retirement Plan earns an excellent return based only on positive movements in the Stock Market.

How can this be safe if it uses the Stock Market?

Because the plan has a guaranteed minimum rate of interest. What that means is that even if the stock market goes down, you cannot earn less than the minimum interest, i.e. you receive stock market returns without stock market risks. Furthermore, your gains are locked in annually after they are credited to your account - stocks and mutual funds cannot do that for you!

Do I have to pay taxes on the interest earned?

NO. The interest you earn accumulates tax deferred. So, the money you would normally pay in taxes stays in your account and earns interest.

Do I pay taxes on the money when I begin taking retirement income?

NO, not if you take your money out as tax-free loans and the plan remains in force until you die.

What happens if I change jobs?

You take the plan with you. You own it. You control it. Simply call the insurance company to tell them you want to continue your contributions.

Are there any early withdrawal penalties?

Of course there are - just like with any retirement plan. The private pension retirement plan is designed for long-term savings.

Can I borrow from the plan?

YES. You can borrow from your plan for a medical emergency, college funding, business need, or any other reasons you see fit. You decide to repay the loan at a low interest rate or simply have it deducted from your retirement value.

Can I increase my contributions?

YES, you can. In the future, if you wish to increase your monthly contributions or if you have extra money you want to "dump" into your plan, you normally can add the extra money to your plan (may be subjected to additional underwriting).

What happens if I have "Cash Flow" problems?

If you become sick, disabled, or unemployed, you can "adjust" your contribution to a lower amount or eliminate the contributions for a temporary period of time. Your contributions are flexible.

When can I retire?

You retire when you are ready to. There is no mandatory retirement age. You decide - not the IRS! There are no penalties for early retirement.