Thank you so much. This was powerful. You inspire to find my policies faster and to build my insurance business much larger. I'm a huge fan of your channel and books.
Question: I am learning from this (or many other of your videos) now, in 2024: this video or other videos are up to date? or do we need to do our further learnings due to the changes in laws ? Thank you !
Great Question! These videos are designed to be universally and continually relevant. That being said, it's always a good idea to consult with one of our IUL Specialists to see what applies in your specific situation. 3dimensionalwealth.com/getstarted
Greath video. I would like to get your book but I'm Canadian, there some variation between US and Canada. Do you recommend someone or a book that is like yours but focus more for Canadian? Thanks
If I roll my Inherited IRA into an IUL, do I have to pay taxes on the rollover before it’s invested into the IUL? I must take Required Annual Distributions which are taxed. Once rolled over into an IUL, do I no longer have to worry about taking annual distributions???
What about the increasing costs of insurance in a clients older years.? If you couple that with income distributions, no premiums and down market conditions in retirement years you’re going to have issues. Policies will implode and there will be an IUL bubble like the UL bubble. The best is still a whole life policy from a fully participating whole life company. It’s not sexy, but it has guarantees and you won’t have angry clients wondering where their money went later on. As a wholesaler in this business, I don’t work for any insurance carrier but an IMO, I see well over 50% percent of these policies designed completely wrong. Most advisors and agents have no idea what they’re selling. Insurance can be the greatest piece of your portfolio, if used properly.
@@est4084 I just started my 4th year and have the option to use multipliers. Should I be doing that in this current market or wait until the market looks like it’s starting to bounce back? Thanks
Hey! If you would like to explore the LASER Fund options, go ahead and schedule a time to speak to an IUL Specialist that we work with here: www.3dimensionalwealth.com/getstarted
To learn more about the options I invite you to meet with one of the IUL Specialists we work with. You can schedule by visiting www.3dimensionalwealth.com/getstared.
@@cbbcbb6803 Yes. At death you get the death benefit only, "minus" any outstanding money you have borrowed that hasn't been paid back. He says at death your money blossoms, but what that is, is actually just your original life insurance face amount.
This is so informative and never heard of IUL. This needs to be taught in school for our future young people.
If you want to look at options for you reach out. I am a licensed agent.
stay away from IUL unless u r very rich and dont need money for 10-15yrs.
@@JoeC5050 correctly structured, maximum funded....
@@JoeC5050 stupid advice
@@liltony333exactly
Thank you so much. This was powerful. You inspire to find my policies faster and to build my insurance business much larger. I'm a huge fan of your channel and books.
You're welcome!
Thanks
You're Welcome
Question: I am learning from this (or many other of your videos) now, in 2024: this video or other videos are up to date? or do we need to do our further learnings due to the changes in laws ? Thank you !
Great Question! These videos are designed to be universally and continually relevant. That being said, it's always a good idea to consult with one of our IUL Specialists to see what applies in your specific situation. 3dimensionalwealth.com/getstarted
Powerful explanation. Thank you
You're welcome!
So thankful for you
Thank you!
Greath video.
I would like to get your book but I'm Canadian, there some variation between US and Canada. Do you recommend someone or a book that is like yours but focus more for Canadian? Thanks
If I roll my Inherited IRA into an IUL, do I have to pay taxes on the rollover before it’s invested into the IUL? I must take Required Annual Distributions which are taxed. Once rolled over into an IUL, do I no longer have to worry about taking annual distributions???
What about the increasing costs of insurance in a clients older years.? If you couple that with income distributions, no premiums and down market conditions in retirement years you’re going to have issues. Policies will implode and there will be an IUL bubble like the UL bubble. The best is still a whole life policy from a fully participating whole life company. It’s not sexy, but it has guarantees and you won’t have angry clients wondering where their money went later on. As a wholesaler in this business, I don’t work for any insurance carrier but an IMO, I see well over 50% percent of these policies designed completely wrong. Most advisors and agents have no idea what they’re selling. Insurance can be the greatest piece of your portfolio, if used properly.
As an agent,it beats anything if it’s well structured.
@@est4084 I just started my 4th year and have the option to use multipliers. Should I be doing that in this current market or wait until the market looks like it’s starting to bounce back? Thanks
I need finicial advice
Hey! If you would like to explore the LASER Fund options, go ahead and schedule a time to speak to an IUL Specialist that we work with here: www.3dimensionalwealth.com/getstarted
Can a business owner set up an IUL for his employees?
Yes, absolutely! The business owner deducts the premiums as compensation and the employee pays tax on that (much like a Roth).
i'm uninsurable, can i still get an iul?
To learn more about the options I invite you to meet with one of the IUL Specialists we work with. You can schedule by visiting www.3dimensionalwealth.com/getstared.
But they keep your cash value at death.
Is that true? If so, that ain't good!
@@cbbcbb6803 Yes. At death you get the death benefit only, "minus" any outstanding money you have borrowed that hasn't been paid back.
He says at death your money blossoms, but what that is, is actually just your original life insurance face amount.
@@-RJN option "B" = cash value+ death benefit payable to policy beneficiary tax free...
Is this true ? The cash value is not paid out to the beneficiaries ?