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How the heck do billionaires dont pay much taxes ?
 By Gaurav Kumkar, CEO of Majestic Investment Group
Default Mindset:
Highly educated and high income earners are taxed at top brackets in some states like California and New York the rate goes north of 50%. Thats like saying if you work for 40 years from age 25 to 65 then 20 years of working life goes into paying taxes or if 2 spouses work then 1 spouse works for paying taxes and other pays.
Shocking Reality:
At the same time investors or entrepreneurs and risk takers pay zero taxes or get huge incentives from the tax code.Â
How? Why? What? How come this is NOT taught in schools?Â
Solution:
At Majestic investments we have simplified these complex strategies and created an impact of $35,000,000 tax offset against active earned and also passive income in the span of last 5 years for high income doctors, technologist and business folks.
Billionaires surprising admittance:Â
- Warren Buffett: “My secretary pays a higher tax rate than I do.”
- Donald Trump: “That makes me smart.” (o...
Safeguarding Your Investment Transfers
Safeguarding Your Investment Transfers - An Investor Executive Summary
- Implement Two-Factor Authentication (2FA): Enable 2FA on your banking accounts and other online accounts for an added layer of security.
- Segregate duties: If you're managing business accounts, establish internal controls that require multiple approvals for wire transfers, ensuring no single person can initiate and approve a transfer.
- Establish dollar limits with your bank: Consider setting limits on individual transactions or daily limits for wire transfers.
- Place international wire transfer blocks: If you do not intend to send money internationally, consider blocking international transfers on your accounts.
- Review bank activity regularly: Monitor your bank accounts and transaction history daily to detect and report any suspicious activity promptly.
- Educate yourself and your team about common wire fraud scams: Stay informed about the latest scam tactics and train your staff on best practices for preventing ...
Self-Directed Retirement Options Fee Comparison
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Solo 401k by Nabers |
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The Self-Directed Backdoor Roth IRA Explained
The Self-Directed Backdoor Roth IRA Explained
As doctors, technologists, and accredited investors, you’re no strangers to hard work, strategic thinking, and maximizing opportunities. But when it comes to retirement planning, the IRS throws a curveball: income limits that block many high earners like you from contributing directly to a Roth IRA. Enter the Self-Directed Backdoor Roth IRA—a powerful workaround that combines tax-free growth with the freedom to invest in what you choose. Let’s dive into what this strategy is, how it works, and why it’s a game-changer for professionals like us.
Famous investor Peter Thiel turned $2000 to $5 Billion and paid $0 in Taxes. Secret weapon Self Directed ROTH IRAÂ Â (review resources at the bottom).Â
What’s a Roth IRA, and Why the “Backdoor”?
A Roth IRA is a retirement account where you contribute after-tax dollars, and in return, your investments grow tax-free. Withdrawals in retirement? Also tax-free, as long as you’re over 59½ and the accoun...
Tax Free Majestic Retirement
As part of our ongoing commitment to keeping you informed about Majestic investment opportunities, I’d like to share some insights into the self-directed Roth IRA—a powerful tool for retirement planning that offers unique flexibility and potential benefits. Below, I’ve outlined the key advantages and disadvantages to help you evaluate whether it aligns with your financial goals. Â
Famous investor Peter Thiel turned $2000 to $5 Billion and paid $0 in Taxes. Secret weapon Self Directed ROTH IRA  ($2k to $5B with $0 Tax Article Link  ). Previously, Majestic investment group had published another blog article on self directed retirement, please review that for more understanding of this topic.Â
What is a Self-Directed Roth IRA?
A self-directed Roth IRA is a retirement account that allows you to contribute after-tax income and enjoy tax-free growth and withdrawals in retirement. Unlike traditional IRAs, the “self-directed” aspect gives you greater control over investment choices, exten...
