In this episode, Nate digs into the details, revealing how changes in interest rates impact insurance companies and policyholders over time. Understand what causes dividends and loan rates to fluctuate and why policy banking still beats traditional banking in any rate environment.Read More
In this episode, Nate explains precisely how the Infinite Banking Concept is designed to help you escape the bank by replacing it and putting you in control.Read More
In this episode, Nate shares when and how to deduct interest paid on life insurance policy loans. Many assume it’s not possible, but under certain circumstances, the interest can become a business expense.
Learn the critical details that make policy loan interest tax deductible when used for specific purposes. This unique strategy allows you to earn tax-deferred growth in your policy while writing off interest costs.
Get clarity on ideal scenarios to maximize deductions, like using separate policies for personal and business needs. Plus, you’ll hear tips to simplify accounting and create a clean paper trail. Whether commingling funds or segregating accounts, you’ll learn straightforward methods to track deductible interest.
Let this benefit-driven episode open your eyes to little-known ways to leverage policy loans.
- Unlock Tax Savings: How policy loan interest can be deductible
- Revealed: Unique tax strategies exclusive to life insurance
- Myths Exposed: Common myths about deducting policy loan interest
- Uncover When: Scenarios where interest write-offs apply
- Demystify How: General provisions that enable deductions
- Clarify Accounting: Simple accounting tips to maximize deductions
- Illuminate Policy Types: The power of segregating policy types
- Elucidate Records: Maintaining clean paper trails for transparency
- Shed light: Managing commingled policy uses
- Make it Simple: Treating loans as interest-only for simplicity
- Managing Tax Burdens: The advantages of tax-deferred growth
- Use Loans for Advantage: Surprising ways to leverage policy loans
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E208: How Entrepreneur Caleb Guilliams of BetterWealth Used Infinite Banking to Help Power His Journey
In this episode, host Nate sits down with Caleb Guilliams of BetterWealth, an expert in maximizing financial control. Caleb shares his journey to understanding the Infinite Banking Concept.Read More
In this follow-up to episode 203, you’ll get an insider’s perspective on reading policy illustrations effectively. Your host, Nate, will walk you through actual illustrations to showcase the typical trajectory. You’ll better understand the critical elements like premium payments, cash value accumulation, and death benefit growth.Read More
In this episode, Nate demystifies the consequences and outlines effective strategies to keep you on the path to financial autonomy. Learn how to turn a potentially stressful situation into an opportunity for financial growth. Arm yourself with knowledge, plan for the unexpected, and transform your financial future. Don’t let a hiccup derail your journey—tune in now.Read More