“501(k)” Plan from Palm Beach Research Group

By hashema ip, July 16, 2017

Hi – not sure this “501(k)” plan, ”How to Fully Fund Your Own Worry-Free Retirement” has been covered here at Stock Gumshoe. It’s new to me, so if anyone knows about it, I’d appreciate any information.

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

Share your thoughts...

3 Comments on " “501(k)” Plan from Palm Beach Research Group"

Notify of

Travis Johnson, Stock Gumshoe

That appears to be a hodgepodge of retirement “rescue” solutions, but the biggest focus is on what Palm Beach has consistently pitched as the “best tax break” and the “secret account” used by bankers and Presidents and Benjamin Franklin and God knows who else to collect much greater returns than bank accounts.

That part is a reference to cash-value life insurance, which they’ve also pitched as “770 accounts” or “702(j) accounts” — I wrote much more extensively about their previous ads of this ilk here: https://www.stockgumshoe.com/reviews/palm-beach-letter/secret-770-account-or-the-presidents-account-explained/