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ABOUT NEWPORT FINANCIAL SERVICES

WHY HAVE MY CURRENT ADVISORS NOT DISCUSSED USING CASH VALUE LIFE INSURANCE AS A WEALTH-BUILDING TOOL AS AN ALTERNATIVE TO 401(K) PLANS OR POST-TAX BROKERAGE ACCOUNTS?

If you'll remember from the Foreword, I explained some of the problems in the financial services industry. Many Broker Dealers (the entity that most securities licensed advisors use to sell stocks and mutual funds through) forbid their licensed advisors from selling Equity Indexed Universal Life (EIUL) insurance policies.

Additionally, Broker Dealers do not like their advisors to use products that take money away from assets under management (which EIUL policies would certainly do if funded instead of 401(k) plans or post-tax brokerage accounts).

Couple the fact that most securities licensed advisors are not educated on EIUL policies with the fact that many Broker Dealers forbid or strongly discourage the use of such products, and it's no wonder that the vast majority of securities licensed advisors do not use EIULs or any kind of cash value life insurance as a protected and tax-favorable wealth-building tool.

This was the flaw in the financial planning area that cost millions of Americans billions of dollars when the stock market crashed in 2007-2009.

Excerpt from “Retiring Without Risk” - by Roccy DeFrancesco, J.D.

Should you prefer a Tax-Free Income for life with up-side potential and no down-side risk, ever, please call to start an educational process for your complete understanding. Thank you...
Bill Newport, LUTCF 702-379-2593

The LASER FUND -- excerpt from the book—June 2018

Insights on an IRS approved TAX-FREE retirement income from a CPA's perspective._

As a CPA, Sydney Weston is meticulous about her finances. When she heard about The LASER Fund through a professional networking group, she, like many people learning about these strategies for the first time, was impressed...but hesitant. She wondered if it could really provide benefits that IRAs and 401(K)s could not.

She examined details like IRS codes 7702 and 72(e), She explored the safety of entrusting her money to 100-year-plus insurance institutions and a 0% floor during market downturns. She weighed the living benefits, such as tax-free retirement income.

Her thorough analysis did not stop there. She enlisted the keen eyes of colleagues, including a chartered financial planner and tax attorney. These professionals confirmed that the IRS codes were employed to create exactly the tax-free retirement income that had been suggested; that the IRS codes 7702 and 72(e) would in fact give her tax-free benefits for life, and that the structured format of the LASER Fund could provide the safe, cost effective, and tax-advantaged solution she was looking for.

She opened a LASER Fund, and now enjoys the confidence of tax-free income—even to age 100 and beyond—and an income-tax-free death benefit for her heirs when she passes on...

Bill Newport, LUTCF (since 1991)
Direct Line: 702-379-2593
chester1957@cox.net

Newport Financial Services

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“Life Insurance is the biggest benefit in the IRS tax code because the money comes out tax-free and there is no limit to this tax break. Life Insurance is the best way to leverage money and too, the single best way to leverage the tax code to build real wealth that is free and clear of taxes. Tax-Free money, wow”
--Ed Slott, CPA
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