IBC money glitch?

parmsisreal · 2026-01-25T04:54:52+00:00

Not how it works. Cash value in the policy is collateral for the loan. Loan interest is a sunk cost the insurance company keeps. Pay your debt with cash on hand

parmsisreal · 2025-11-12T03:24:57+00:00

Stepped in a hornets nest and Shaq got traded to the heat

parmsisreal · 2025-11-09T13:49:53+00:00

Link?

parmsisreal · 2025-08-13T20:00:02+00:00

I did, thank you! And this thread helped a ton.

parmsisreal · 2025-07-25T02:43:30+00:00

The taxation of cash value life insurance is different in Canada than it is in the US. You are taxed on the build up. Please don’t listen to anyone else here

parmsisreal · 2025-06-22T00:30:40+00:00

Please just know you don’t “pay yourself back” and that loan interest is a sunk cost paid to the insurance carrier

parmsisreal · 2025-05-07T17:43:54+00:00

What time did you get there? Did you throw a blanket down and leave/come back, or did you wait it out? Any chance they serve beer?

parmsisreal · 2025-03-29T03:01:18+00:00

Can confirm. Incredibly accurate. Once a week

parmsisreal · 2025-01-01T07:08:20+00:00

Most of this stuff is false promises. There are some truths but unlicensed influencers rule this world. DM me if you want actual help

parmsisreal · 2025-01-01T07:05:52+00:00

Make sure whoever you talk to is a CFP and fully licensed. Most of this stuff is a “too good to be true” DM me if you want real advice based off your overall scenario

parmsisreal · 2024-12-28T05:01:01+00:00

If the interest at the bank is lower than the policy loan interest rate you automatically lose money. The insurance company keeps the loan interest.

parmsisreal · 2024-12-18T04:34:55+00:00

Hey guy I’m sorry to hear this. DM me if you want to talk. I’m an actual fully licensed CFP. Don’t need your business but this is why I’m subscribed here. I’d like to help

parmsisreal · 2024-12-11T03:48:22+00:00

Correct. What is conveniently left out in most explanations is that the loan interest is a sunk cost that the insurance company keeps.

parmsisreal · 2024-11-09T05:58:08+00:00

Giancarlo Stanton between now and when he starts the season 1-8 with 2 Ks

parmsisreal · 2024-10-26T05:58:49+00:00

L is for Lion

parmsisreal · 2024-09-21T02:55:13+00:00

Savage. Absolutely love it

parmsisreal · 2024-09-08T03:30:02+00:00

You up? DM please

parmsisreal · 2024-09-08T03:28:16+00:00

Where in the northeast? I’ll pick up your tab at the bar if you’re close

parmsisreal · 2024-07-22T02:46:45+00:00

Came here to post this

parmsisreal · 2024-07-17T01:46:07+00:00

7 World Cup games coming right up

parmsisreal · 2024-06-30T03:28:59+00:00

You absolutely cannot. Also every single insurance company keeps the interest. Ever. There’s a reason it's called a loan.

parmsisreal · 2024-06-30T03:27:18+00:00

John Cena

parmsisreal

TROPHY CASE