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 policy holder 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 reverse pension plans are able to succeed in creating very unique plans 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.
Typically, the face value for each member's pension plan contract is around €200,000.
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 usually 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 an assured, substantial, long-term income for them!
Also, the cost of the policies, the compensation, and the referral commissions are all tax-deductible business expenses, too.
Additionally, with possession of these policies as collateral, the venture capitalists are eligible for massive loans. This leaves them with plenty to cover the cost of the network-marketing operation – referral commissions and administration . By using the loan to finance the program, they now own a pension policy with a significant value upon maturity.