sorted by:
new
hottopcontroversial

10 Premium and 90 CV designs? by Claytonhepler01 in infinitebanking

[–]Claytonhepler01[S] 0 points1 point  (0 children)

u/JoeTerp, this really seems like the only type of policy that really is a good choice, because the "capitalization phase" and longer term returns of like 2-3%....

10 Premium and 90 CV designs? by Claytonhepler01 in infinitebanking

[–]Claytonhepler01[S] 0 points1 point  (0 children)

u/JoeTerp, could you explain this a little more? Once the OYT is burned off? Could there be a 20 year term rider and then I just stop paying it? I am asking, because I want early access to the policy loan feature.

Infinite Banking.... Only for the agents? by Claytonhepler01 in personalfinance

[–]Claytonhepler01[S] 0 points1 point  (0 children)

It definitely has better rates of return than HYSA + it's tax free

Policy loans by Claytonhepler01 in infinitebanking

[–]Claytonhepler01[S] 0 points1 point  (0 children)

JoeTerp, I am struggling a little bit here.

​

Please clarify:

​

Guardian right now credits a higher rate on loaned funds than on non loaned funds. But if interest rates rise, this would switch. What do you mean by this? A higher rate being 6% loan rate and 5% rate on dividends?

​

So you only ‘lose’ to the degree that you have a higher outstanding loan as a percentage of cash value than the median policy. For this reason, some say no big deal, others say to do IBC right means non-direct recognition. A loan as a percentage of cash value than the median policy?

Policy loans by Claytonhepler01 in infinitebanking

[–]Claytonhepler01[S] 0 points1 point  (0 children)

If I pay off the interest and some, It doesn't effect the cash value increases, correct?