Avoid High-Interest Loans & Fees With Whole Life Insurance Infinite Banking Concept
If you are one of the millions of people who have lost faith in banks and the traditional lending process, you may be wondering what your financial options are.
The friendly team at 'I Own My Bank' has put together a guide that can help! The company explains the Infinite Banking Concept (IBC) and shows you how a whole life insurance policy can be a tool for savings, spending, and tax sheltering.
Used by entrepreneurs such as Walt The guide from ‘I Own My Bank’ Disney and J.C. Penney, infinite banking outlines key benefits of utilizing helps start or grow a business, while infinite banking as a tax strategy. reducing the amount of taxes owed.
Infinite banking is effective because you can build cash value due to tax deferrals and take out non-taxable loans from your whole life insurance policy.
Other benefits of infinite banking include steady growth on borrowed money and built- in protection benefits, such as death and disability.
Learn more at https://www.iownmybank.com/blog/b
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