Can You Deduct Life Insurance Premiums? The Truth Every Business Owner Needs to Know

can you deduct life insurance premiums?

Recently, Bruce shared a story that perfectly illustrates unexpected life challenges—his basement flooded, turning a peaceful Easter weekend into an emergency cleanup session. Just as unexpected problems can flood your home, unanswered financial questions can flood your business strategy, especially questions like: “Can you deduct life insurance premiums?” Tax questions, much like sudden home repairs,…

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Infinite Banking Concept (IBC): The Golden Key that Unlocks Your Financial Life

Infinite Banking Concept - The Golden Key that Unlocks Your Financial Life

The Infinite Banking Concept is a financial strategy, first codified by R. Nelson Nash, that uses high-cash-value, dividend-paying whole-life insurance so policyholders become their own bankers. They store savings, earn guaranteed growth and tax-deferred dividends, and then can borrow against the policy’s cash value. This creates a powerful system where YOU control your capital, not…

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How to Start a Family Bank: Insights from John Moriarty

Family Banking, with John Moriarty

Interested in finding out how to start a family bank? Today, Bruce and I talk with our friend and colleague, John Moriarty, Founder and President of e3 ConsultantsGROUP. You’ll hear about his personal and business use of Infinite Banking, and the thinking behind a growing and evolving system of policies. John is smart, business savvy,…

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Tour Our Private Family Banking System

Private Family Banking System

Do you want to build a family banking system that will provide capital to you and future generations? Come see behind the scenes as we talk about our Marshall Family Bank in real-time. Today, we discuss why we added another whole life insurance policy, how our cash value is growing, and our vision for using…

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Leveraging Policy Loans in Infinite Banking: A Strategic Guide

policy loans

Have you heard about Nelson Nash’s Infinite Banking strategy, and how to become Your Own Banker, and want to learn more? Or maybe you’re already using Infinite Banking, but would like to explain it better. Today, we’re unpacking the truth about the Infinite Banking Concept and the strategy of using life insurance policy loans. If…

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Is Cash Value Life Insurance Enough for Retirement?

Is Cash Value Life Insurance Enough for Retirement?

Today, Bruce and I want to unpack a question we frequently encounter: Is cash value life insurance enough for retirement? It’s a compelling question, but one without a simple yes or no answer. The effectiveness of cash value life insurance as your primary retirement vehicle heavily depends on your personal discipline, your overall financial strategy,…

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Is Infinite Banking Tax-Free? The Truth You Need to Know

Is Infinite Banking Tax-Free?

If you’ve been researching Infinite Banking, you’ve probably heard it described as “tax-free.” That phrase is thrown around a lot, and while it sounds great, it’s not entirely accurate. The reality is a bit more nuanced, and understanding the details can make a massive difference in how you leverage Infinite Banking for long-term wealth building.…

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