Carlsbad, CA

Friday, February 22, 2008

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February 22, 2008, Carlsbad, CA www.GuaranteeMyMoney.com

As CEO of Southern California-based retirement and estate tax planning firm the Prentiss Group, Glenn Duggins has seen too many retirement dreams turn into retirement nightmares when people over invested in the stock market. "I knew we needed to come up with an alternative to this roller-coaster-ride-of-a-market we're in and we wanted to show retirement planning clients how to do better than certificates of deposits (CDs) or the risky stock market. That's why we created U. R. the Bank," said Duggins.

Banks make money by borrowing at low interest rates and loaning it out at higher interest rates. That's in essence what the Prentiss Group strategy is with U. R. the Bank. When people nearing retirement have money tied up in low-interest earning investments like certificates of deposit or real estate equity, the returns are small and tax benefits few.

The U. R. the Bank program helps leverage those under-performing assets without putting principle at risk. In fact, this program is specifically designed for people who are risk averse yet not happy with low rates of return offered by bank CDs. "CDs have their place but the returns are small, especially when you consider the impact of inflation and taxes," said Duggins. Learn more about the proper use of Certificates of Deposit at the blog - www.GuaranteeYourMoney.com.

For returns of 7%, 8%, 9% or more that are fixed and guaranteed, Duggins designs specific investments program that do not risk a client's money yet still put under-performing assets to work. U. R. the Bank is often used as a way to finance life insurance premiums. Premium financing is becoming more popular as baby boomers who put off buying life insurance realize their insurability isn't getting any easier. Premium financing can be a powerful leverage tool in any retirement plan but it is not the only way U. R. the Bank is used.

U. R. the Bank is also quite popular for people who have home or rental property equity. U. R. the Bank can be designed to tap into that equity and generate a return of 7% 8%, 9% or more, with significant tax advantages. Here are some of the features of the program:

+ Stability of principal. Fully guaranteed

+ Tax benefits - Can convert ordinary income treatment to capital gains

+ Secured investment note- approved for qualified and non-qualified accounts

+ Can be used to finance premiums on life insurance and long-term care with no additional cost

+ Pays surprisingly high interest rates

+ Not all applicants will be approved, some restrictions apply

The Prentiss Group is your Retirement and Estate Tax Planning Specialist in Southern California. Call 888-777-3805 or visit www.GuaranteeMyMoney.com for more information. U. R. the Bank is part of the Guaranteed Retirement Income Plan® or GRIP.

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Contact Steve Dahl to arrange interviews at 760-804-6271. Steve Dahl is a freelance writer and marketing consultant in Carlsbad, Ca. He can be reached at info@GuaranteeMyMoney.com.

Disclaimer: This information does not constitute a complete description of all or any one aspect of financial planning. There is no offer to sell or buy any financial product in this document. Please consult with a qualified financial advisor before investing. © Copyright 2008 Prentiss Group, Inc. Get a Grip on Your Money® is a registered trademark of Prentiss Group, Inc.

Steve Dahl

Carlsbad, CA

760-804-6271

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