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To: logos

1) See what the penalty would be to get out of 401(k) or IRA. Decide to do it or nolt do it.

2) Go to a foreign country and set up a bank account.

You can purchase inexpensive books on how to do it here:

http://www.sovereignsociety.com

3) Transfer your funds to the foreign jurisdiction, making sure you pay US taxes on the income, and filing a
Form TD F 90-22.1 with Trasury Dept by June 15 every year.

http://www.irs.gov/businesses/small/article/0,,id=148849,00.html

Note that the devil is in the details, I cannot tell you more because I do not know your situation.I assure you that there are completely legal ways to secure your estate from future government confiscation.Sovereign Society has pretty good information on it.


56 posted on 09/05/2010 2:20:28 PM PDT by Candor7 (Obama . fascist info..http://www.americanthinker.com/2009/ic05/barack_obama_the_quintessentia_1.html)
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To: Candor7; logos

Good advice, but anyone with over 200 grand should hire a tax specialist who is well versed in this. I moved 90% of my assets offshore prior to Jan 20 2009.


59 posted on 09/06/2010 7:02:45 AM PDT by stephenjohnbanker (((.Go troops! " Vote out RINOS. They screw you EVERY time" Jim Robinson)
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