This is the IUL explained & IUL example for a tax-free income for life. This also explains how to use the IUL to be your own bank in order to start generating wealth and passive streams of income.#reels #instareels #money #wealthy #wealthbuilding #hiddengems #IUL #taxfreeretirement #retirement #moneyhacks #wealthymindset | 360FinancialGroup
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What is an IUL and how does it work?🧐Comment below “INFO” to get yours started⬇️What a IUL can do for you?- Provides Permanent life insurance - Tax free death benefit to your beneficiaries- Builds cash value - Tax free access to your cash value tax free - Tax deferred growth (Tax Free)- Compound interest averaging 4%-9%- Living benefits - Uninterrupted compound interestComment below “INFO” to get yours started⬇️ | Darrick Phan
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This is the IUL policy explained, & this is the correct way to properly structure your IUL if you want to be your own bank or wanted to have a tax-free retirement. Becoming your own bank is in your best interest. It's less about how much you can afford and more about how much it is worth. Imagine getting back all of the interest you've paid over your lifetime. That's being your own bank. Learning to leverage your own assets is life- changing.💰👍 #beyourownbank #beyourownbanker #wealthymindset #
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