Show notes
Today, Tom talks about the different ways Whole Life Insurance is a benefit for those concerned with taxes. The history of the tax code and how it’s ballooned to thousands of pages makes it so that no one can read and understand the whole thing. It’s important to reinforce the need to understand the tax code as a set of incentives; one being to protect our families so the government doesn’t have to take them. Listen in and schedule a call with me to learn how WL Insurance can be a valuable asset to have if you’re concerned with future taxes. It’s important to be open-minded and take responsibility for your wealth and life. Highlights 0:24 The history and impact of our biggest expense, taxes 3:23 Best place to store your cash 3:49 The benefits of using whole life insurance 7:01 Using your dollars for your life goals 7:54 Two ways to leverage your cash value in whole life insurance policies 11:06 Are death benefits income taxable? 12:59 The benefits of whole life insurance and Roth IRAs for estate planning Episode Resources Connect with Tom Suvansri https://perennialpride.com/ https://www.facebook.com/perennialpride/ https://twitter.com/perennialpride https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA Call to Action Schedule a Call with Tom How to Listen: Subscribe on Youtube Listen on Spotify
