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The Tax-Free Strategy FIRE Blogs Do Not Mention

Unlimited Contributions. Penalty-Free Early Access. Zero RMDs.

High-income FIRE pursuers hit the $30,500 contribution limit fast. Discover the Section 7702 strategy that offers unlimited tax-advantaged savings for early retirement.

The High-Income Problem

You Have Hit the Wall

You are pursuing financial independence. You have maxed out your 401(k). You have done the backdoor Roth. You are following all the rules.

But at $200K+ income, the math breaks down.

With only $30,500 in tax-advantaged space (401k + Backdoor Roth), you are forced to dump the rest into taxable brokerage accounts. That means capital gains taxes, dividend taxes, and tax drag eating 1-3% of your returns every year.

The traditional FIRE playbook runs out of runway for high earners.

The 2025 Limit Reality

401(k) Contribution$23,500
Backdoor Roth IRA$7,000
Total Tax-Advantaged Space$30,500

*If you save $100K/year, $69,500 is fully exposed to taxes.

The IWB FIRE Path

Why Section 7702 Fits FIRE

There is a tax code section that offers what high-income early retirees need most: flexibility and unlimited scale.

No Limits

Unlike 401(k)s ($23K limit), contribute unlimited amounts

🔓

Early Access

No 59½ age restriction or 10% penalty for access

🚫

No RMDs

Never forced to withdraw money you do not need

🛡️

Market Buffer

Zero downside risk with indexed growth potential

⚖️

Tax Diversification

Hedge against future tax rate increases

🤝

Leverage

Use policy loans for other investments while growing

The Numbers

Traditional vs. Section 7702

MetricTraditional AccountsSection 7702 IUL
Contribution Limit$30,500/year (Total)Unlimited
Early Access Age59½Any Age
Withdrawal Penalty10%$0
RMD Start Age73Never
Tax on GrowthTax-DeferredTax-Free
Access MethodTaxable WithdrawalTax-Free Loan

Fit Assessment

Who Is This Strategy For?

Ideal For

  • ✅ High-income W-2 earners ($150K+)
  • ✅ Aggressive savers (40-70% of income)
  • ✅ Early retirement targets (before 59½)
  • ✅ Maxed out traditional accounts

Not Ideal For

  • ❌ Have not maxed 401(k) match yet
  • ❌ Low savings rate
  • ❌ Short time horizons (under 10 years)
  • ❌ Credit card debt

Q&A

Addressing Common FIRE Objections

The FIRE community is rightly skeptical of high-fee products. But high-income FIRE is a different game requiring different tools.

Discuss Your Situation
Section 7702 is the IRS tax code section that governs life insurance policies. Policies that comply receive favorable tax treatment: tax-free growth, tax-free policy loans, and tax-free death benefits.
IUL allows you to accumulate cash value that grows tax-free, indexed to market performance with downside protection. You access funds via policy loans which are not considered taxable income.
Yes. Policy loans from IUL are not considered distributions. There is no IRS age requirement and no 10% early withdrawal penalty.
The death benefit is required to maintain tax-advantaged status, but properly structured policies minimize the death benefit to maximize cash value accumulation.
No. Max your 401(k) and Roth IRA first (especially if you have an employer match). Section 7702 strategies are for AFTER you have maxed traditional accounts.

Bridge the Gap to Early Retirement

In a complimentary FIRE Tax Strategy Session, we will model your FIRE timeline with and without Section 7702 to see the impact on your retirement date.