We have leveraged our deep understanding of investing tools to find a class of investments that are tax-free and maximize an investor's potential return within those investments. We take advantage of Section 7702. It is our knowledge of this that has allowed us to create Gondola’s SafeTankSM as a tax free way to save.
There’s a simple truth in investing: the more gains you keep, the more gains you make. Yet, at every turn, investors fail to understand just how much they are losing to taxes today, and how much they could lose to taxes in the future.
Say you took a drawdown from your investment account. That’s a cool 20-50% you’re going to have to pay no matter what. Think about that: that could be half of the gains you made on that investment. Even if you were able to minimize taxes as much as possible, within a traditional retirement strategy, you’re still giving away a lot.
If past history is any indicator, taxes will probably be more in the future than they are today.
Here’s what’s crazy: the average tax rate is ~50%. While we don’t pay that today, we don’t know where taxes will go tomorrow, and there’s no guarantee they won’t go up.
A simple way to avoid this is to just not have to worry about taxes. Adding to this dynamic is the fact that as an investor grows more and more wealthy, he or she hits a higher tax bracket and pays more.
With Gondola’s SafeTankSM, we have created something that removes volatility from the equation.