Parts Unknown! The Benefits of Malta Pension Schemes for U.S. Taxpayers

摘要

Every tax planner faces the challenge of identifying a tax strategy that provides for tax deferral and tax-favored distributions. Many taxpayers look to the Roth IRA, but the Roth is a limited option for high-net-worth taxpayers, who must contend with income eligibility restrictions, contribution limits, UBTI, and prohibited transaction limitations. One option with significant benefits for such taxpayers is the Malta Pension Plan, a vehicle that provides tax deferral and tax-favored distributions in a manner that is more powerful than a Roth IRA.