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These are programs
that claim to offer a lump sum payment by allowing
you to effectively mortgage a pension insurance
contract.
This is apparrently, an established technique used
by the rich to become even more rich.
The great things about these plans is the initial
cost - typically a once off $50.
The lump sum payment is usually around $50K!
There are a number of these plans around, but they
don't payout until they reach their target number
of contracts - this varies between 10,000 and
150,000.
So far two plans have reached their target, E65
(100,000 contracts) and ICC (10,000 contracts),
and they are now completing the administration of
the plans before payout.
Some regard these plans as 'too good to be true',
others reckon they are perfectly legal and
legitimate.
I really don't know if any will payout, but for
the small outlay I feel it well worth risking, in
case one or two do actually work.
I can also vouch for the fact that those that pay
immediate referral bonuses are actually paying and
the admins are keeping good communication. | |
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Reverse pension plans make it possible for
members to receive significant financial
benefits within a few months after the
deadline/quota has been reached. These financial
benefits may be compared to waiting years or
decades for a payout from tradition pension
plans. Reverse pension plans also remove the
negative details connected with normal pension
programs.
Pension plans usually require the policyholder
to turn 65 or 70 years of age before benefits
are paid out to the member. That means waiting
years, even decades before any financial benefit
is derived from the plan whether paid for by a
company, the employee or jointly. Additionally,
a less favorable point of normal pension savings
is the older you are when you enter the program,
the more you are required to pay to gain at
least reasonable benefits when payout commences.
Based on their vast experience and extensive
contacts in the financial world acquired over
decades, the administrators of GPP and PWW have
succeeded in creating a very unique plan with
reputable partners. When you are invited to
become a member, your only out of pocket cost to
register is the membership fee. This charge
covers all expenses (administration, processing,
maintaining the data base and web sites,
handling, banking solution, shipping, etc.)
involved to maintain your membership. You will
not be asked to pay any additional fees or
expenses to receive Compensation and/or
commission rewards.
In the case of Global Pension Plan, the face
value for each member's pension plan contract is
€200,000. For calculations regarding Pension
World Wide, click here.
Each of these disbursements is made by the Trust
Partner, not the member. The mortgaging of
pension contracts is similar to a real estate
property mortgage. The contract becomes
collateral and is a legally binding agreement
provided by a reputable company.
The item of expenditure most interesting to each
member is the one-time Compensation of
€55,000/$75,000 paid to each qualifying member a
few months after the respective goal of each
plan has been reached. Referral commissions will
be paid out simultaneously and could be
substantial also, depending on effort.
Each contract matures on the 67th birth date of
the member. Once the member, named in the
contract, has received compensation in the
amount of €55,000, they have no further
financial interest or liability in the program.
The contract premium is also paid in full for
the Trust Partner. | |
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