The 770 Account How to Fund Your Own Worry-Free, 100% Tax-Free Retirement

A "770 account" is permanent life insurance with a twist. The 770 account goes by different names like the "BABYLONIAN CODE, SECRET ACCOUNT, INVISIBLE ACCOUNT, 702j ACCOUNT, 501(k) Plan, etc." Just like a "401K" was named after the 401k section of a chapter in the IRS code, the 770 account was named after the Tax Code number that discusses Life Insurance - section 7702. So why not just call it a life insurance policy? Because this is not your average insurance you buy for death benefit purposes; this is a cash accumulation strategy that, if it is used correctly, can provide the following benefits: Competitive rate of return Tax-free accumulation (if done correctly) Credit protected in most states Not tied to the stock market = no risk Strong guarantees Leverage - it can be used to finance asset purchases Chronical/Terminal Illness benefits