How to Get Your Social Security 100% Tax-Free with David McKnight

Social Security can indeed be taxed, despite the feeling that you’re getting taxed twice. This year, 89% of all federal tax revenue is only going to go towards four things: Social Security, Medicare, Medicaid, and interest on the debt. These are…
My Response to an Amazon Review Critical of The Power of Zero with David McKnight

When you come from a tax-deferred paradigm, it can really skew how you view the types of accounts that you are accumulating dollars in. The main thrust of the reviewer’s critique is that we shouldn’t focus on minimizing taxes if that means that…
All About MEC’s, 1035 Exchanges and Life Insurance Taxation with David McKnight

The IRS has a test called the seven pay premium test. It basically states that it’s possible to put too much money into a life insurance policy. If you fail that test than any loans that you take from your life insurance policy get treated…
Do LIRP’s Really Have High Fees? with David McKnight

The number one criticism of the Life Insurance Retirement Plan online is that the fees are simply too prohibitive, but the question is really what are they expensive compared to? The best way to compare the fees is to think about where else you could…