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i recently made a video about a three to one matching executive retirement plan called kaizen it is a unique individual retirement plan that will increase your retirement distributions by 60 to a hundred percent using leverage where a lender matches your five annual contributions three to one at libor plus one point seven five percent this week i want to introduce employers to trisen which is similar to kaizen it's a unique pre-tax employer sponsored retirement benefit plan that an employer can contribute to on behalf of an employee in lieu of bonuses pay raises or signing bonuses etc the employer's contribution to the plan is matched three to one by one of our 14 lenders at libor plus 1.75 this is a 15-year plan for the employee but the employer makes only five annual contributions and the strategy is the sole security for the loan almost every study indicates that a large percentage of people including 90 of high earners have not saved enough to maintain their lifestyle in retirement and high income earners need to save even more for retirement over and above what social security and their qualified plans like 401k or ira would provide traditional employee sponsored benefits are a huge expense but try zen allows employers to offer this ideal benefit plan to their key employees without increasing costs because try zen is not a form of compensation to the employee but rather alone employer contributions are an asset instead of an expense because it falls under irs tax code 1.7872-15 otherwise known as loan regime split dollar i'm not going to go into the details but you can see that it's kind of complicated but try zen takes care of all of this so you don't have to employer benefits three to one leverage only five annual contributions the contributions are pre-tax there are no fica costs no erisa reporting simple administration it can be selectively offered to only certain employees there are no contribution limits no loan documents no interest payments no credit checks or personal guarantees for the employee the benefits are sixty to one hundred percent increase in retirement distributions from the three to one match the contribution is not taxable to the employee they get market-like returns with zero risk to stock market downturns tax deferred growth tax-free distributions in retirement tax-free death benefit that can also be accessed while living in the event of a chronic critical or terminal illness or the need for long-term care no contribution limits no rmds no loan documents interest payments credit checks or personal guarantees and their account is protected from lawsuits creditors and bankruptcy you know the average 45 year old actually needs to save 35 of their income in order to retire comfortably and contrary to popular belief spending does not drop at retirement because it's just spent on different things like health care one in seven americans 65 years and older will become disabled for five plus years and according to fidelity an average retired couple aged 65 in 2020 may need approximately 300 000 saved and that's after tax just to cover health care expenses in retirement even worse most benefits don't cover or only partially cover certain health conditions in addition to potential disability long-term care is an essential for 41 of americans before the age of 65. with the average cost of seventy five thousand dollars a year the tries in strategy can add substantially more funds to your retirement plans while helping protect you in the event of future medical expenses people are worried about the death of the primary breadwinner approximately 70 percent of u.s households would have trouble meeting everyday living expenses within just a few months if the primary wage earner were to pass away today up until recently this strategy has only been available to the ultra wealthy but now it's available to those with an annual income of at least 100 000 who are in good health unless you have 15 or more participants and no older than 65. so let me introduce you to try zen [Music] so one of the biggest concerns we found out from employers today in hiring employees is retention typically what ends up happening is we have to offer them employee benefits to come workforce and we want those people to stay with us for a long period of time when you offer some type of employee benefit if your average age workforce is 40 you put that benefit in place you have to commit to that benefit for the next 25 or more years and that's a long-term commitment for a company to take on so one of the things that we put together was a program called kaizen so that that employer could take the same dollar and put that into a benefit package that would add additional money to it without the employer having to increase the amounts that they were willing to spend on each of those employees imagine if you're in a situation where you've got an employee that's trying to decide between your firm and some firm down the street both firms are going to be offering that employee the identical salary both firms are probably going to be offering some type of 401k with some type of match and both firms are offering health insurance and at firm a they're also going to offer a bonus at company b you get all the same benefits the salary the 401k the health insurance and you get the same 50 000. taking that same 50 000 and adding that to a strategy that offers a death benefit and that death benefit can be also used while you're living in the event that you needed it for a chronic illness something like a long-term care need or needing assistance with dressing bathing toileting transferring things like that you could also accelerate that death benefit up front today in the event that you needed it for terminal illness with this strategy you can use the money up front to help pay for the experimental treatment and the money growing in there is going to give you on average 80 percent of the upside of the market without any market risk you can grow the money in the account tax deferred and you can access the money using tax-free withdrawals the plan only has five contributions and those five contributions are matched in the first five years by the bank and year six through ten the bank funds 100 of it giving you a three to one leverage without financial underwriting on the loan and a borrowing price of libor plus 1.75 unlike other types of loans the cash value is the sole collateral for the loan giving you significantly more supplemental retirement income than you would be able to get on your own now if you're an employee and you had a choice between basically the same dollar amount but the difference in the benefits which plane would you choose [Music] if you're interested in learning more about kaizen and trisen i would suggest you first watch my video on index universal life up here it's about 25 minutes but it's necessary for you to understand how they work you can watch the kaizen video up here as well um and i'll put a link to both of those down below then please see the link to the application to get more information below and as usual if this video was of value to you please give it a thumbs up comment and subscribe