What is Federal Reserve Currency and how does it relate to this?

Federal Reserve Currency is the default form of U.S. money used in all modern financial transactions — including direct deposit, ACH, debit card payments, and other electronic banking activity. It was introduced in 1913 under the Federal Reserve Act and is considered taxable by default.

This includes:

• Bank deposits

• Your paycheck

• Business earnings

• Any income paid in U.S. dollars

Unless that income is redeemed for lawful money under Title 12 U.S.C. 411, it is automatically treated as taxable Federal Reserve Currency.

The 12-411 process offered by Wealth Guaranteed legally reclassifies your income by completing the redemption process. Once completed, your income is no longer classified as taxable currency — it becomes lawful money, which is not subject to federal income tax.

So in short:

• All income is Federal Reserve Currency unless you redeem it.

• Only redeemed currency is considered non-taxable.

This distinction is the legal foundation of the 12-411 process.