72(t) Software - Substantially Equal Periodic Payments

	Millions of people who have not yet reached age 59½ would like to get their hands on some of the money they have accumulated in their qualified retirement plan -- without paying the 10% tax penalty. They may have lost their job due to "downsizing," be in poor health, or do not want to wait until until they are "too old" to retire.
	Chapter 3 of Thomas F. Streiff and David Shapiro's excellent book, Distributions from Qualified Plans (Dearborn Press, 2002), lists the exceptions to the 10% penalty tax, including death, disability, higher education expenses, and substantially equal periodic payments over the planholder's lifetime. For obvious reasons, Section 72(t) of the IRS code, and the October 3, 2002 guidelines from Revenue Ruling 2002-62, generally provide the most practical method to receive distributions prior to age 59½ from a qualified retirement plan and avoid the 10% tax penalty.
	IMAGISOFT Web-based 72(t) Software will help you:

		provide your clients with an accurate, easy to understand, printed report so they can compare 72(t) equal payment options using IRS tables using the three IRS methods: the RMD, Fixed Amortization and Annuitization
		use life insurance to convert taxable assets into tax-free assets (see the indexed annuity and life insurance illustrations for an example that rolls over $100,000 of pre-tax assets, produces $4,147 of income, and a $145,000 tax-free death benefit)
		look up the 120% Mid-Term AFR - Approved Federal Rate
		enter and store client information into well designed, simple, input screens
		e-mail reports to clients in Adobe's Portable Document Format (PDF)
		help your clients avoid massive IRS penalties / private letter ruling fees

		The annual cost for this software is only $240.00 with a 30 day money back guarantee.
		*Try before* you buy! Call (877) 510-4702** and ask for a free 7-day trial.