A key component of financial and retirement planning is safety – and part of keeping your assets protected is ensuring that your loved ones won’t have to struggle financially when you are gone. One of the best strategies for doing so includes purchasing life insurance. The proceeds from these policies can be used for a […] Read more
Whole Life Insurance
If you follow sports, play sports professionally, or just for fun, you are likely familiar with the exorbitant salaries and bonuses that many top athletes receive…in some cases generating 7- or 8-figures per year. But, while such significant paychecks can provide mansions and fleets of high-dollar sports cars for these icons, it’s a different story […] Read more
Most people do not enjoy paying taxes. This is true both before and during retirement. But what many investors do not realize is that funds in traditional IRAs that grow on a tax deferred basis right now will eventually be taxed – and if future income tax rates are higher than they are today (as […] Read more
The following article is a direct transcript of our webinar Paid Up Additions for Whole Life Insurance. We have linked out to other articles when necessary to give our readers more information about a particular subject. Additionally, there are a few times where we have added additional content where we felt it would benefit the […] Read more
The following transcript is from our video “Using a Fixed Annuity to Fund an Infinite Banking Policy [4 Benefits].” You can watch the video and follow along with the transcript below. Steve Gibbs: Hey guys. Thanks for checking out this video. So today is going to be a great, well short, webinar demonstration from one […] Read more
The following transcript is from our webinar Dividend Paying Whole Life Insurance as an Alternative to FDIC Banking. You can view the webinar in full below. Steve Gibbs: All right. Well, thank you guys for joining us. I’m excited to jump in, and Barry and I have done a good number of webinars over […] Read more
There are many reasons why life insurance can be an essential component of a financial or retirement plan. Some people purchase it for the death benefit it provides, and others rely on the tax deferred cash value build-up to supplement their savings. Not all life insurance policies are exactly the same, though. So, it is […] Read more
The following article is a transcript from a webinar on Using Life Insurance Policy Loans to Borrow from Life Insurance Companies. In this article, we linked to content that we believe would be helpful to further elucidate our points. We have also added additional content where we felt it would benefit our readers. For more […] Read more
Finding financial strength and security in a crowded insurance marketplace While many people purchase whole life insurance for the death benefit that it provides, there are other features that can make these flexible financial vehicles enticing, too. For instance, with permanent dividend paying whole life insurance policies, there is a cash value account where the […] Read more
The following article examines three different whole life cash value charts to understand how different policy designs affect the outcome of the policy’s long term cash value growth. So, let’s begin with answering, What is Whole Life Insurance Cash Value? Permanent life insurance that builds cash value and acts as a tax-advantaged financial tool for […] Read more
