The Ticking Time Bomb
Tick tock the clock will not stop, unless we reduce the amount of debt that’s drowning this country along with everyone in it including you and me. The United States government is spending more money than it is taking in and, soon, it will be time to pay back our debt. You may think to yourself that America has been in debt for years and nothing has happened, so why should you worry, right? Well, for one, would it shock you to know that the national debt is nearing $30 trillion? And counting by the way! At this rate we could be facing some major challenges to social security and other social programs in this country by the year 2032, which happens to be in our lifetimes! Social Secharity is the solution that nobody is talking about, an ingenious little technique that could get us all out of the financial bubble and simultaneously endow America with financial freedom and security. At the Endow America Network Foundation, we want to educate you and raise awareness throughout the country about why more people should consider taking Route 664, the Road to Human Kindness.
Route 664 refers to Section 664 of the Internal Revenue Code of the United States. It provides a means of endowing America through the simple concept of philanthropy. In a nutshell, if you give to charity, Uncle Sam rewards you by reducing your taxes and avoiding having to pay things like a capital gains tax, which you can legally evade by opting for a Charitable Gift Annuity. This is just one of three ways you can potentially generate income for yourself and a steady stream of funds that can grow annually, while at the same time give back to your local community and endow America. You can also establish a Charitable Remainder Trust for those seeking retirement benefits greater than those offered by the social security program, or a Pooled Income Fund for those interested in supporting your local schools or organizations. By opting for any one of these three opportunities, the trust you create with the charity of your choice rewards you with annual income, and what you put in accumulates over the years. At the end of your life, instead of the government keeping your hard-earned tax dollars, the remaining money goes to the charity you previously chose. When that happens and, if enough Americans do the same, it will endow America’s charities so they won’t need to lobby Congress for funding and Congress, in turn, won’t have to dole out an annual whopping $1 trillion in charity going forward. This means everyone’s taxes will be reduced and we’ll have successfully paid off over $28 trillion of our national debt by the year 2050. It’s a slow, but sure way to save both our economy and endow our nation’s social programs.
But the ticking time bomb won’t be stopped all by itself; you have to take action today by talking to, or possibly even becoming a professional philanthropic advisor yourself. You can learn more by visiting www.socialsecharity.org and like us on Facebook @SocialSecharity. Catch our weekly webcast Route 664 The Road to Human Kindness with your hosts Les Winston and Wanda Myles, and feel free to listen to our brand new 664 Radio. So tick tock, what are you waiting for? Time won’t stop for any of us, but that means the money doesn’t have to stop either. Endow America together with us today!
Social Secharity (Section 664) is a bold new way to move the country from 30 trillion in debt to economic well being through charitable wealth. Help resolve our country’s problems, improve your own future income and pay less tax! Best of all be a grateful benefactor to your community.
Written by Ossman J. Darwiche 05/2021