You can’t believe how many policies are set up incorrectly by making the target premium the amount of money the client plans to put in. Why is this a disaster waiting to happen?
The Misconception:
The target premium is not the maximum you’re allowed to put in. If you want your policy to become a tax-free cash cow, you need to take the least amount of insurance you can get away with and put in the most premium the IRS allows.
The Right Strategy:
This approach is the brainchild behind EF Hutton’s introduction of these policies in 1980. By taking the least amount of insurance and putting in the maximum premium allowed, you optimize your IUL policy for tax-free income. This is way more than the target premium.
To learn more about maximizing your IUL policy and achieving tax-free income, claim a FREE copy of the author’s book, The LASER Fund. Visit laserfund.com to get your copy, all you have to do is pay for the shipping. #shorts
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