“Freedom Checks” are a huge opportunity for people to build enough wealth to retire on. People save money in their 401(k) accounts and try to save enough to live on during retirement, combined with what they receive as a social security benefit. This combination can be enough to get by but it rarely leads to someone financially thriving in retirement. In order to keep up a certain lifestyle past retirement, most people need to have an investment with larger than average returns.
Matt Badiali, who is the natural resources expert at Banyan Hill Publishing, introduced Freedom Checks to America. They’ve been around for a long time but almost nobody knew about them before he released a video that went viral where he talked about them. He says that Freedom Checks give people a way to not only earn high returns but to also get a subsidy from the federal government.
The firms that issue Freedom Checks do not pay federal taxes which leads to higher returns. In exchange for not paying taxes, they have to issue checks on either a quarterly or annual basis to investors. Matt Badiali says that this helps investors in Freedom Checks retire not just earlier but wealthier.
You have to invest in these companies in order to get a return. They will pay out above-average returns for many years after they are bought. Every company that issues a Freedom Check is in the natural resources industry. These checks were authorized by Congress in 1987 when they passed legislation designed to encourage American companies to use the nation’s natural resources. In order for these companies to operate, they needed people investing in them which is how the checks got their start. They use the resources from investors to pay their employees, discover new deposits, and extract it.
The law that Congress passed is called Statute 26-F. There are not many companies that fall into the category that Statute 26-F was designed to help. They have to be companies that continue to invest in American natural resources and not the ones that have shipped their operations overseas.
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