Special Announcement for Foundation Supporters:
There is a great deal of concern about potential threats to IRA and 401 retirement funds. Congress is currently discussing forcing between 50 and 100% of your retirement funds into Treasury Bonds (at 3% interest, guaranteed below inflation…).
The Natural Solutions Foundation wants to remind 401 and IRA owners that offshore interest-bearing investment is generally permitted under these plans and may allow money to “ride out” currency storms at more realistic interest rates, while offering double tax advantages. Appreciation may be tax deductible when used by a tax exempt organization like the Natural Solutions Foundation and can bear interest for placement of IRA or 401 funds.
If you are concerned with the integrity of your IRA and 401 funds and want to know how you can use those funds to support the Natural Solutions Foundation’s Valley of the Moon(TM) Eco Demonstration Project, a part of the International Decade of Nutrition please visit www.NaturalSolutionsFoundation.org and contact through that site.
The Chairman of our Advisory Board, Larry Deckerhoff, MIM, shared his opinion with us, “It is apparent that the demise of IRAs and of 401 contribution plans is imminent. Not only are a number of firms (such as Ford) canceling all future employer contributions, the government is also preparing to assume greater control over all retirement funds in order to pay for the bailouts and deficits. This is basically a tax increase. Protecting your retirement funds through offshore participation in real value investments is both prudent and possible – at least for now. How long that option will remain open is anyone’s guess, but it there is clearly a window of opportunity which appears to be shutting rapidly.”
Further information can be found at this subsequent posting:
A Natural Solution to the IRA/401 Threat of Government Take-Over
http://drrimatruthreports.com/index.php?p=1518
Here’s a third party article that tends to show another risk to retirement funds:
12/02/08: “One of Utah’s largest employers, Intermountain Healthcare, has told its 28,000 employees it will not contribute its share to their 401(k) retirement funds next year.”
http://www.sltrib.com/ci_11114715?IADID=Search-www.sltrib.com-www.sltrib.com
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Original message from General Stubblebine to our key supporters:
WILL US GOV’T SEIZE YOUR 401k OR IRA – EQUITY TRUST AND NSF HAVE A SOLUTION
An Urgent Message from Natural Solutions Foundation
Argentina was the first “western democracy†to raid private pension funds… but, you might think, Argentina has a long history of fascist interventionist policies. Unfortunately, we can no longer say “it can’t happen here†since the massive fiat money interventions of the past few weeks. Clearly the American political class has no moral aversion to such interventions.
So how can you protect your retirement funds?
You are receiving this email because we have previously communicated about the opportunities regarding the Foundation’s demonstratrion projects in Panama.
We have established a Panamanian corporation, Natural Solutions Corporation, to accomplish this. It can receive IRA and 401k funds for investment in the Valley of the Moon’s land purchases, infrastructure and other investments as well as projects like the Natural Medical Center in development.
Because we are both a US exempt organization and a private interest foundation in Panama, we have been able to structure an opportunity for people to safeguard their retirement funds by placing the funds into appreciating land in the temperate, bountiful highlands of Chiriqui Province. We have established a Panamanian corporation, Natural Solutions Corporation, to accomplish this. It can receive IRA and 401k funds for investment in the Valley of the Moon’s land purchases.
Once the funds are out of the US and into land, it is very unlikely that the funds can be seized by the Federal Government.
Panama is in the unique position of have NO central bank. It has, according to all the reseach we have done, a very stable banking sector that is not at risk during the global financial meltdown.
Dr. Laibow and two of our project participants are in the process of moving “self directed†IRA funds into the corporation, through Equity Trust Company (the cost is under a thousand dollars). Here is what that company told us about the process:
“- If the client is still employed with the firm that offers the 401k they will need to verify with the plan administrator the restrictions placed upon the plan. It may be possible to move a portion or the entire plan. However, the plan administrator may require that the employee terminate employment before funds can be released.
-If the client has terminated employment with the firm. The funds would be eligible to be rolled to a new IRA at Equity Trust Company. They would need to contact the plan administrator to see what information is required to release the funds to a new custodian.â€
Equity Trust Company can be found at: http://www.trustetc.com/
Once in a self-directed plan, the funds can be transferred to our bank in Panama and the custodian will receive the appropriate investment document from the corporation. The investment bears accumulating interest at twice the prime rate set by Chase Manahattan Bank. When you take your tax rate and potential upside benefits, your return could be much higher.
We are considering several alternative arrangements to give everyone an alternative that fits their needs. These are:
1. Allocate all funds to land (maximum protection from dollar depreciation). A sinking fund would be established to allow redemption without the sale of the land.
2. Allocate half of the funds at interest in strong Panamanian banks, to be used as collateral to borrow funds to buy land; the other half would go directly into land. This alternative would give greater flexibility if funds might be needed in the next couple years.
3. In either event, the funds would earn interest and be secured by the land. Land appreciation would inure to the Foundation and therefore we believe its value could be attributed as a tax deductible (against US income) donation.
If you think this arrangement is a viable alternative for your 401k or IRA funds, please contact Foundation Trustee Ralph Fucetola JD at ralph.fucetola@usa.net to initiate discussion. Please put “Equity Trust†in the subject line.
Remember, Congress is currently investigating options for invading IRAs and 401 funds. We cannot predict the timing on these actions so we urge you to act prudently but promptly. We are a nonprofit, nongovernmental organization and do not offer legal, tax or accounting advice. Please do your own due diligence and seek advice from professionals about what we have discussed here.
Maj. Gen. Albert N. Stubblebine III (USA ret)
Foundation President
11/16/08