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I just reviewed our records and determined that you are NOT currently a subscriber to Independent Living, America's top self-reliance advisory. But today, I intend to make you an offer you can't refuse... This month's issue of Independent Living has all the latest, indeed shocking, information about how major nations are starting to shun the U.S. dollar. You need to know how this will impact your investments and your daily life. Also, can you avoid getting worked over by the TSA when you fly? Are generic drugs safe? How can you boost your income during retirement? If you join our family of subscribers today, you'll learn the answers to these questions and much morewithin this month's issue of Independent Living. It's packed with actionable content and insights you can act upon to fortify your health and your wealth. So I am going to extend to you a SUPER package deal which includes some steeply discounted long-shelf-life emergency food, a subscription, and great bonus reports. You can access it right here. And here's a wrapup of the Independent Living March newsletter which I will rush you right away:
 Most 401(k) Plans Offer Lousy Options – Here Are Some Alternatives... Robert M. writes: Here's a situation I never hear ANYONE address so I'm really hoping you include it in an upcoming issue soon. Many Americans have 401(k)s that no longer get a matching contribution from their employer. Since stocks and bonds seem frightening, there's little else but money [market] accounts to choose from. And I don't need to tell what little they pay! What penalty would I pay to actually close the 401(k) and distribute into an IRA where the investment options are almost unlimited?  You generally won't be able to do a tax-free 401(k)-to-IRA rollover while you are still employed with the company that provided you with the 401(k) benefit. (There are usually no other restrictions to roll over funds into an IRA, however.) You could simply withdraw funds from your 401(k) to reinvest elsewhere, but the full amount of the distribution would be considered taxable income, and you'd face a punitive 10% penalty if you're not yet 591/2. Paying taxes and penalties is no fun, but I don't begrudge people for resorting to this when they cannot access better investment options in their 401(k). To be sure, holding mutual funds invested in conventional stocks and bonds is a risky proposition. Before you resort to that, ask your employer if you could set up a self-directed 401(k) through a brokerage account that lets you buy any instruments of your choosing. The investments available in a typical 401(k) plan are few and limited to conventional, plain-vanilla, underperforming stock and bond funds that carry higher fees than comparable ETF alternatives. So the advantages of a self-directed 401(k) are clear. Another possibility is asking your employer to change temporarily (or even permanently) your employment status to an independent contractor. As a non-employee, you should not have any restrictions in executing the rollover of the 401(k) funds into an IRA. However, there could be indirect ramifications to this (such as a loss of health insurance), so examine the issue fully before pulling the trigger. Are 40% Silver Coins Worth Keeping? Carl B. writes: You have been talking about 90% silver coins for a while. My question is, I bought some 40% silver junk coin bags many years ago at the recommendation of another company. Would I be better off keeping them or should I trade them in for 90% coins or bullion?  They aren't the most efficient way to hold silver since they are mostly copper by volume, but it's not really a problem to own some 40% silver coins. Theoretically, they can be useful for small-time barter transactions. The coins may have less practical value in barter situations, though, since they are less recognized. While the 40% silver market is somewhat less liquid, these coins maintain a market price very close to the value of the silver they contain. I don't expect that to change, and trading out of them into something else will involve transaction costs of several percentage points, even if you do it through a low-cost national dealer such as Independent Living Bullion (1-800-800-1865). If 40% silver coinage is the only form in which you hold silver, then it is not unreasonable to trade some of it out for 90% and .999 pure silver. However, a better approach would be simply to add the purer silver products to your stash the next time you decide to trade out of your depreciating cash!  | ||||||||||||||||
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Click Here to Learn How to Add Lee Bellinger's Executive Bulletin to Your Email Address Book! This copyrighted material may not be republished without express permission. Offer only available through email promotion only. Offer does not apply to previous orders and may not be combined with any other offer. All publication orders shipped outside of the U.S. are subject to a $35 surcharge which covers all shipping expenses, including the cost of mailing each monthly newsletter (where applicable). The information in this email is presented for general educational purposes only. Because we don't know enough about readers' personal situations, the opinions expressed here should not be construed as a recommendation to buy or sell any financial instrument at any time. We will not be responsible for financial decisions that readers make, and they should be made in consultation with their own advisers. | ||||||||||||||||
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