E212: How Current Interest Rates Really Impact Your Infinite Banking Policies
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.
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E211: What Problem Does Infinite Banking Really Help You Solve?
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.
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E210: Is it Crazy to Stop Putting Money into the Infinite Banking PUA Rider?
In this episode, Nate and Holly share an easy-to-understand framework for funding PUAs in the short and long term.
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E209: How to Deduct Policy Loan Interest from Your Taxes and Save Money
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.
Topics Discussed:
- 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
Do you get value out of the show? Please consider giving Dollars and Nonsense a five-star review on Apple Podcasts.
Episode Resources:
- Gain FREE access to our Beginner’s Course here now
- What is Infinite Banking
- Who was Nelson Nash?
- CREDIT: Episode art background photo by Olav Ahrens Røtne
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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.
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E207: The Infinite Banking Secret Sauce Revelation that Will Boost Your Results Now
In this episode, Nate reveals why the powerful strategy of Infinite Banking works over time, regardless of economic conditions.
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E204: How to Understand a Real-World Infinite Banking Policy Illustration Best
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.
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E203: Beware the Three Biggest Infinite Banking Illustrations Mistakes People Make
In this episode, we dive into the three biggest mistakes people make when reviewing policy illustrations for Infinite Banking.
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E202: How to Absolutely Boost Your Infinite Banking Using the 4 Stages Model
Discover how the four stages of the Infinite Banking Concept (IBC) can revolutionize your financial clarity.
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E201: Surprising Answer to What Happens When You Can’t Pay Your IBC Policy Premium?
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.
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