• Strategies, Insights and Resources for Tax-Free Retirement Planning

My Latest Article: “The Top 10 IUL Myths and How to Debunk Them”

October 26, 2015
My latest article on LifeHealthPro.com entitled "The Top 10 IUL Myths and How to Debunk Them" can be found here.  This article will appear in National Underwriter Magazine in November in a more abbreviated form entitled "The Top 5 IUL...

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Do Roth Conversions Satisfy Required Minimum Distributions?

October 6, 2015
When advisors assist their clients in repositioning their assets from tax-deferred to tax-free, the following question sometimes arises:  If my client does a Roth Conversion, does that count towards the Required Minimum Distribution?  The short answer is no. Let me illustrate...

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Illinois a Microcosm for What’s to Come in the U.S.

September 22, 2015
Bolstered by the testimony of David Walker, Lawrence Kotlikoff and others, I have long maintained that the United States is on an avoidable path to fiscal insolvency.  Every year that goes by where Social Security and Medicare aren't reduced by...

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The Power of Zero just hit 99 reviews on Amazon! A prize for whoever writes the 100th!

August 6, 2015
The Power of  Zero just hit 99 reviews on Amazon!  I will send a free copy of The Power of Zero to whoever writes the 100th review.  Reviews can be submitted here.  Thanks for all your support! Don't forget, The Power...

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The Power of Zero now on CD!

August 3, 2015
If you're looking to master the Power of Zero marketing paradigm, there's no better way than by listening to it on CD in your car.  The CD is now available only at thepowerofzerobook.com.  Also, don't forget that this is the only...

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New Banners Showcasing The New Power of Zero Website and Marketing Program!!

July 8, 2015
        We'll be unveiling these banners in meetings in Phoenix, Las Vegas and Chicago over the next few weeks.  The banner on the left showcases the new (and only) website where The Power of Zero book can be bought in...

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The Power of Zero Bulk Discounts Now Available Only Through thepowerofzerobook.com

July 8, 2015
As of today, I will no longer be offering bulk discounts for The Power of Zero through Amazon.  To continue to get bulk discounts simply purchase your books on www.thepowerofzerobook.com.  The bulk discounts are as follows: 1 to 19 books:  $14.95 each 20 to...

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The Real Cost of Owning a Mutual Fund

May 13, 2015
Bob Ritter, the owner and founder of Insmark, Inc., wrote a recent blog entry in which he discusses a Forbes.com article about the most recent studies on the true cost of owning a mutual fund.  According to the article, the total...

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Exciting New Updates from David McKnight & Company!

April 7, 2015
Here are a few of the exciting things happening here at David McKnight & Company: The Power of Zero continues to consistently rank in the top 10 Amazon retirement books over a year after its best-selling launch! Thanks for your support! Within...

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Obama’s Budget May Kill the “Back Door” Roth Option

February 12, 2015
According to this article, Obama's most recent budget calls for eliminating the "back door" Roth alternative for individuals whose income is too high to contribute to Roth IRA's.  In this strategy, high income investors make after-tax or "non-deductible" contributions to IRA's only to convert...

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RSVP for March 27th “Power of Zero” Boot Camp Now!

February 2, 2015
On March 27th I will be conducting a “Power of Zero” boot camp in Milwaukee, Wisconsin.  During this all day event, I will be discussing the following: The roll-out of our new university-based workshop, “The Changing World of Retirement Planning”.  This...

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One Year After Release, “The Power of Zero” Still Amazon Top 10

January 9, 2015
Nearly a year has passed since we launched The Power of Zero to the #1 Best-Seller position on Amazon.  Now, as we approach the one year anniversary, I'm happy to say that we continue to enjoy robust sales and are...

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Boot Camp RSVP Correction (new email address)

December 9, 2014
I've been made aware that the email to RSVP to the boot camp on the prior email is not linked up.  Please RSVP instead to the following email address: david@davidmcknightandco.com Thank you!

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The Power of Zero Boot Camp is January 30th! RSVP Today!

December 9, 2014
On January 30th I will be conducting a "Power of Zero" boot camp in Milwaukee, Wisconsin.  During this all day event, I will be discussing the following: The roll-out of our new university-based workshop, "The Changing World of Retirement Planning".  This...

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“The Power of Zero Mentor Program” Online Video Course is Here!

November 26, 2014
I'm very excited to make this announcement!  After months of hard work we have just released our "Power of Zero Mentor Program" Online Video Course for advisors. This course is available to you at NO COST and will walk you through...

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Tales from a CPA Conference

November 18, 2014
Yesterday I had the opportunity to address about 100 CPA's at their annual symposium.  As I led them through my presentation, a couple of things really stood out.  First, when I asked how many of them thought that tax rates...

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Can you contribute to a Roth 401(k) and a Roth IRA in the same year?

September 15, 2014
Clients ask us this question all the time.  This article on Ed Slott's website gives us the answer and goes further by explaining income thresholds for Roth IRAs (single, married, and married filing separately--this one may surprise you) as well...

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My latest article: The Roth 401(k) vs the IUL

September 3, 2014
In my latest article in National Underwriter I discuss how to combat the online gurus who insist that the IUL is problematic given its high fees.  I compare the fees in a properly structured IUL to the fees in the average...

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Dave Ramsey: Wrong Again!

July 30, 2014
In Dave Ramsey’s most recent article, he makes the case that life insurance is a lousy way for a mother to leave money to her children.  The case in point is a debt-free 71 year old mother who is paying...

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Why a Properly Structured IUL Beats a Non-Matched 401(k)

July 10, 2014
Bob Ritter has done it again.  His blog this week is one of the most concise, powerful explanations of why our clients should not be putting money into their 401(k)s above and beyond the match.  He makes the case mathematically...

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“The Power of Zero” Audio Book Debuts at #2 in Hot New Releases on Amazon!

May 31, 2014
[caption id="attachment_596" align="alignnone" width="300"] The audio book version of The Power of Zero is debuting at #2 in Hot New Releases on Amazon. The book version is holding strong at #3.[/caption]

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The Power of Zero Audiobook Now Available on Amazon!

May 27, 2014
The Power of Zero Audiobook is now available on Amazon and can be purchased here! Feel free to download it onto your ipod or burn it onto a disk and listen while you drive in your car!

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Exclusive Preview of My Latest Article: Dispelling the IUL Fee Myth

May 15, 2014
Dispelling the IUL Fee Myth Ever take an IUL application on Friday afternoon only to get a voice message from your prospect on Monday morning saying he’s had a change of heart?  Over the weekend he researched what the online “gurus”...

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The Power of Zero Audiobook Arriving May 15th!

April 21, 2014
Great news!  The Power of Zero audiobook is in the process of being recorded and will be ready for sale by May 15th!  This will be downloadable to any MP3 player and will be available on Amazon, iTunes and Audible. ...

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Ed Slott Video: Life Insurance for Life and Beyond

April 18, 2014
If you're looking for good 3rd party confirmation from a nationally recognized expert on why life insurance is indispensable not only to estate plans but to retirement plans, this video is it.  In this video, Ed Slott (who also happened...

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The Pros and Cons of the IUL (according to the internet gurus) and My Responses

April 15, 2014
Recently a prospective client sent me an email referencing various anti-EIUL articles from the internet.  I took the liberty of posting these objections along with my responses to them below. Pros and Cons of Indexed Universal Life Insurance Taxation of EIUL - EIUL...

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How to Get Bulk Discounts for The Power of Zero

April 11, 2014
Ever since The Power of Zero came out, I have been sending a copy home with every prospective client I meet with, and to great effect.  If you're looking to solidify the tax-free paradigm in the minds of your clients and...

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Will Spending Cuts Alone Solve Our Nation’s Fiscal Woes? (Response to a review of “The Power Of Zero” on Amazon.com)

April 3, 2014
Recently an Amazon.com reviewer of my book The Power of Zero confidently asserted that we can solve all our nation's impending financial problems by simply restructuring our entitlement programs. I’d like to offer herein a counter perspective. We’ve all known for...

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CBO Director: Important to Give Advance Warning about Coming Changes to Social Security

March 19, 2014
For those of you who have seen my workshop "The Power of Zero", this article substantiates everything I say about the future of Social Security.  We will either have to raise taxes, reduce benefits, or some combination of the two. ...

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My “Real Wealth” Podcast Interview on Real Wealth Weekly

March 17, 2014
This is the podcast that is going out to thousands of Real Wealth Weekly advisors and their clients this week.  If you want a compelling podcast to forward to your clients to get them on board with tax-free retirement planning, this...

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Listen to my Radio Interview on “The Power of Zero”

March 7, 2014
  http://dlshowonline.com/the-power-of-zero/ I had a great radio interview on the David Lukas Show last week.  Here's the link for the audio.  The first few minutes are ads and bumper music, so feel free to fast forward a bit.

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Great Success Story Using “The Power of Zero” Book

March 4, 2014
I love success stories about using "The Power of Zero" with clients.  If you have any, please be sure to let me know about them. Here's one from my friend Brian Hanson in Eden Prairie, Minnesota.  He was at the post...

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Using Roth Conversions to Avoid Stealth Taxes (html version)

February 25, 2014
The link to Ed Slott's article I just sent you expired. Here's the html version: HOW TO AVOID STEALTH TAXES by Ed Slott There's a good chance that you are already hearing from clients who have been blindsided by taxes they were not...

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Using Roth Conversions to Avoid Stealth Taxes

February 24, 2014
In this article, Ed Slott talks about 5 stealth taxes that the IRS is phasing into the tax code. How can you protect your clients from these stealth taxes? Convert money to tax-free accounts like Roth IRA’s (and life insurance...

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David Walker’s True State of the State

February 17, 2014
http://www.ctpost.com/opinion/article/Walker-The-true-state-of-the-state-5235936.php As many of you know, former Comptroller General of the Federal Government David M. Walker (whom I cite multiple times in my book The Power of Zero) has formed an exploratory committee for a potential run for the Lieutenant Governor...

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(Clarification) The Power of Zero Bulk Discounts

February 14, 2014
Please note the following clarifications based on questions that arose from my last post on bulk discounts for The Power of Zero: Many people have expressed interest in bulk discounts for The Power of Zero. Although Amazon doesn’t permit bulk...

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Reminder: “The Power of Zero” FREE on Kindle–TODAY ONLY!

February 3, 2014
Reminder: "The Power of Kindle" FREE on Kindle--TODAY ONLY!As a special benefit to followers of this blog, I'm making the exclusive announcement that the #1 Amazon Best Selling book "The Power of Zero" can be downloaded for FREE on...

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***Monday, February 3rd “The Power of Zero” FREE on Kindle***

January 31, 2014
As an exclusive announcement to followers of this blog, my recently released, number #1 Amazon best selling book "The Power of Zero: How to Get to the 0% Tax Bracket and Transform Your Retirement" will be FREE on Kindle on...

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The Power of Zero on The Huffington Post

January 30, 2014
The Power of Zero on The Huffington PostHere's a great article from The Huffington Post yesterday that talks about The Power of Zero!  If you haven't gotten the book yet, this article will really wet your whistle for what the...

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***Final Power of Zero Update***

January 30, 2014
At 8:25 pm CST, the Power of Zero is standing at #1 in Retirement Planning, #2 behind Jim Cramer in Hot New Releases, #11 in Personal Finance and #220 in All Books. Thanks to all who helped launch The Power...

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