Matt Badiali is a professional investor who released a video that publicized a video about “Freedom Checks” that went viral online. Many of the people who saw the video across America were not sure what he was talking about, and what the checks really are. Read this article about Freedom Checks at Banyan Hill.
The video shows Matt saying that freedom checks are different from government funded programs such as Medicare, and Social Security, and neither are they any form of retirement accounts like the IRA or the 401(k). Mr. Badiali reveals that the cited checks are much better since the payout is three to four times larger than the monthly payments from the Social Security. Moreover, checks do not have limiting parameters like income or age when collection time comes around.
He discloses that because of the “Statute 26-F,” the corporation that give out the checks has the benefit of operating without paying taxes but they must conform to the following conditions:
- The companies should earn 90% of their proceeds from transportation, storage, processing, and production of gas and oil inside the United States, and
- The companies/corporations must consent to give the profitable checks to their respective shareholders (majority of whom are raking in $124,000 to $643,000 every year).
It has been confirmed that the term “freedom checks” is quite distinctive but the investment are legal since it was ratified in 1987 by the U.S. Congress. At present, 568 corporations conform to the Statute 26-F prerequisites and are legitimately permitted to dispense the mentioned checks. Read this article at Money Morning.
Matt Badiali accidentally stumbled on this one-of-a-kind investment during his days of travel abroad as a project financial expert that allowed him to come in contact with CEOs from oil and mining companies to maintain the lead on trends, discoveries, and up-to-date technologies.
His work abroad also gave him opportunities to meet T. Boone Pickens, a renowned oilman, show his discoveries to the likes of Exxon Mobil and Anadarko (regarded as billion dollar organizations), explore abandoned mines, worked on oil rigs – to make lucrative natural resources investments. And this was the time he discovered another form of profitable ventures called MLPs or master limited partnerships that represents the elite group of 568 corporations who have the capacity to hand out the aforementioned checks.
The cited companies drill, transport, and refine gas and oil that are sourced out from the Marcellus Shale, the Permian Basin, and the Bakken Shale just to mention a few sites. And the earnings they net from these operations are given out to their investors in the form of “freedom checks.” Read more: https://freedomchecks.com/