The Tax Dangers of MECs: What You’re Not Being Told About Your Policy Feat. Clay Summers

Looking To Get Started With Your Infinite Banking Journey? Watch The 90 Minute Presentation Here: https://themoneymultiplier.com/presen...

 

Join us for a LIVE, in-person event - The Money Multiplier Mastermind on October 10-12. Register by visiting https://www.themoneymultiplier.com/ma...

 

Hey Money Multipliers! In this episode, I’m taking a deep dive into Modified Endowment Contracts (MECs) and how they can affect your whole life insurance policy. I know this is a topic a lot of you have questions about, so I brought in Clay Summers from One America, who’s been in the business for over 40 years, to help break it all down! We’ll be covering how MECs work, what the seven-pay premium test is, and the tax implications that come with them. If you want to make sure your policy is structured right and avoid any costly mistakes, this episode is for you! Let’s dive in and make sure your dollars make sense!

 

Have a topic you want me to discuss? Feel free to send any questions or comments to podcast@themoneymultiplier.com. 

 

To view a recorded version of our presentation on the Infinite Banking Concept, please visit: https://themoneymultiplier.com/presentation

 

For other resources: https://linktr.ee/themoneymultiplier 

 

Hannah: https://www.instagram.com/hannah_kesler

#TheMoneyMultiplier #FinanceTips #InfiniteBanking