The 401KLever Retirement Plan was devised by a Financial Economist with years of experience teaching Economics in Colleges & Institutes,Training Financial Planners, designing Investments & other financial products for Multinational Insurance Companies and Investment Banks; and work as a Government Economist Building Cities and Developing Industries.

*(Whose most notable accomplishment was in 1980, rescuing Wollongong City from Massive Recession following the loss of over 8,000 jobs in the steel industry –

by obtaining $200million of joint Government Funding to build the Port Kembla Harbour Grain Terminal and Maldon-Dombarton Rail Line.)

There are a multitude of concepts from economics, financial analysis, an array of taxation elements, cash flow management processes, business principles and practices.

While accounting has some relevance it plays only a minor role.

The financial management system which forms the basis of the 401klever plans is firmly rooted in Economics and the application of our Taxation Rules.

Obviously the taxation system is an essential aspect.

It relies on an understanding of the tax laws, their various applications and interpretation.

It is important to appreciate the effect of our progressive system of income taxation across all levels of income;

differentials between differing income tiers, wage earners and business, the taxation treatment of earned incomes and that of capital gains, special concessions which apply for low income earners for capital gains tax, special concessions and tax deductions on retirement contributions,

tax treatment on earnings while invested in a retirement plan, tax deferral on income directed in to retirement plans, and techniques for retrieving invested capital from retirement vehicles without the need to pay tax.

It is vital to have a complete appreciation of the workings of our economic system, the circular flow of income, investment accelerators and consumption spending multipliers,

resource allocation, utility, efficiency, cash flow management, recycling, marketing multipliers, marginal utility, economies of scale, the rudiments of business, enterprise, business investment,

business management, profit, revenue, growth, valuations, acquisitions, earnings multiples, investment fundamentals, ROI,

Human Resources, wage structuring, salary packaging, remuneration planning, retirement planning, financial planning, investment principles, compound growth, leverage, finance, simple interest, fixed interest,

transfer pricing, elementary arithmetic, financial analysis, economic analysis.