The Infinite Banking System: A Tax-Free Strategy for Building Wealth

💰The 7702 code allows certain types of financial instruments, like life insurance, to grow tax-free.

🏦The infinite banking system involves setting up a life insurance policy with a cash value and death benefit.

📈The cash value of the policy grows tax-free and can be accessed through tax-free loans.

🏦💼The policy can be used as a source of financing for investments, real estate, education, and more.

🗂️💼Businesses can use insurance policies to fund buy-sell agreements and redeem shares of deceased partners.

What is the 7702 code?

—The 7702 code allows certain types of financial instruments, like life insurance, to grow tax-free.

How does the infinite banking system work?

—The infinite banking system involves setting up a life insurance policy with a cash value and death benefit. The cash value grows tax-free and can be accessed through tax-free loans.

What can the policy be used for?

—The policy can be used as a source of financing for investments, real estate, education, and more.

Can businesses benefit from the infinite banking system?

—Yes, businesses can use insurance policies to fund buy-sell agreements and redeem shares of deceased partners.

Is the infinite banking system a tax-free strategy?

—Yes, the infinite banking system allows you to grow cash value and access tax-free loans, creating a tax-free legacy for your family.

00:00The infinite banking system is a tax-free strategy that involves setting up a life insurance policy with a cash value and death benefit.

03:39The cash value of the policy grows tax-free and can be accessed through tax-free loans, making it a powerful source of financing.

06:25The infinite banking system is beneficial for funding investments, real estate, education, and more.

10:08Insurance policies can also be used by businesses for buy-sell agreements and to redeem shares of deceased partners.