Qualified Leverage Strategy (QLS)
Unlock your retirement plan assets
What is QLS?
The Problem
Qualified Retirement Plans are great for pre-tax contributions and tax-deferred growth. But, the problem is getting the money out. You will lose up to 50% of the money when using it during your lifetime or as much as 70% if leaving it to your heirs.
Compounding the problem is that the commonly recommended solutions are limited to five equally poor options.
If you need the money for retirement:
- Spend as needed – Taxable
- Wait and take Required Minimum Distributions – Taxable
- Roth conversion – Taxable
If you don’t need the money for your retirement:
- Stretch IRA Planning (now limited to ten years) – Taxable
- RMD’s during lifetime, leave the rest to Charity – Taxable and Give it away
The Solution
QLS is a proprietary strategy that takes you through a specific sequence of steps that are commonly practiced in the tax and financial world every day. QLS minimizes taxes and maximizes the amount of funds available for your retirement needs, your heirs or your favorite charity.
The QLS Difference
- A tax efficient method of accessing your money from a qualified retirement plan
- A repositioning of taxable assets (outside your qualified plan) into a tax-free growth position
- A significant increase in the assets you pass on to your heirs, and in your retirement income
- A more efficient and immediate way to gift Qualified Retirement Plan assets to charity
- A powerful alternative to Stretch IRA planning after The SECURE Act (currently limited to ten years)
Ideal Client Profile
- Net worth $10,000,000 or more – Minimum $5,000,000
- $1,000,000 of assets in a qualified plan – IRA, 401(k), profit sharing plan
- Equal amount of assets outside the qualified plan – Cash and Investments
- Plan owner and/or spouse must be able to medically qualify for life insurance
