How Loans in Life Insurance Work (IUL - Indexed Universal Life)

#lifeinsurance #IUL #loans

In this video I will explain further in depth on how policy loans work in life insurance and how you can use them to make purchases or for investment opportunities using your policy as collateral!

This is truly powerful stuff once you understand how it works.

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⚠ If everything you believed to be true about money and retirement turned out to not be true, when would you want to know?

There are so many myths and misconceptions around the subject and our goal is to provide you with the FACTS and teach you why it's more important to learn "how to invest" versus "what to invest in."

If I were to send you out to play in a pro golf tournament tomorrow... would you want your favorite golfers clubs or their swing? You see most people out there are selling "clubs" or an investment product without fully educating you on the "swing" of how money works. If you know anything about golf, the SWING is what makes the golfer.

If you believe like most financially educated people that taxes will be higher in the future, what is your plan?

There are only 3 ways to grow your money:
🌱 TAXABLE
🌱 TAX-DEFERRED
🌱 TAX-FREE

Are you going to be reactive or proactive? It really is your choice.
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👇 Use the links below to connect with us further and to get more education or to set up a 1 on 1 no-cost, no-obligation appointment with James where he can review your current plan and help you identify what is working and what can be improved going forward.

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CONTACT US:
📞 [phone]

[kalzone]

Whattup James! It's been a minute but I had to track you down for this one. Working on an old 2003, non-Q Allianz TSA annuity with Life Pro. If you can help me solve this I'd give you a % on the app. Here's the sitch: If the client, 79, wants to fund an ABC annuity, by surrendering the non-qualified TSA annuity, getting the check, depositing the check into her checking account, then immediately writing a check from that checking account to Allianz to fund the new, non-qualified ABC annuity, will the funds they send her be taxable and/or considered income by the IRS? Allianz does NOT allow rollovers from the TSA policy, but she CAN surrender it. I'm going against brick walls and tossing a Hail Mary.

[nfrancis]

James, what's the difference between a fixed loan and an ordinary withdrawal? Don't both options continue to gain interest/ credits with the remaining cash surrender value that wasn't used?