The Money Advantage Podcast

Bruce Wehner & Rachel Marshall
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The Money Advantage Podcast

The Money Advantage provides simple, fun, and doable financial talk that helps wealth creators build time and money freedom with cash flow strategies, Infinite Banking, and alternative investments so you never have to worry about running out of money. Through our family office model, we utilize strategies for cash flow, long-term tax reduction, estate and business legal planning, creative whole life insurance strategies (Privatized Banking), and alternative investments.

  1. 3D AGO

    Building an Exceptional Life

    What does it take to build a life of true success? Not just financial wealth, but success in all areas—business, family, health, faith, and relationships? If you've ever felt like you're hitting a ceiling in one or more areas of your life, this is for you. https://www.youtube.com/live/nog4jnlRM1Q In a recent episode of The Money Advantage Podcast, Bruce and I had the privilege of speaking with Chaz Wolfe, a serial entrepreneur and founder of Gathering the Kings. Chaz isn’t just about building businesses—he’s about building an exceptional life, where success isn’t limited to financial growth but extends to every dimension of life. And today, we’re sharing the most powerful takeaways from that conversation to help you do the same. Who is Chaz WolfeThe Key to Sustainable Success: Winning in All AreasThe Difference Between a Business Owner and an EntrepreneurObsession, Drive, and the Relentless Pursuit of MoreFear vs. Freedom: The Mindset Shift You Need to SucceedScaling Success: The Power of People, Relationships, and StrategyRaising the Next Generation of LeadersTake Action: Building an Exceptional LifeBook A Strategy Call Who is Chaz Wolfe Chaz Wolfe has built, purchased & sold multiple 7-figure ventures in franchising, home service, real estate, and consulting. He's an operations & process maximizer and an award-winning sales and business mind.  As a dynamic leader, facilitator & speaker, he has helped both domestic and international organizations achieve massive levels of growth in all areas of life! The Key to Sustainable Success: Winning in All Areas Chaz made a powerful statement early in our conversation: Winning is not about being perfect, it’s about pushing for the next level. Many entrepreneurs focus entirely on their business, often at the expense of their health, marriage, or personal fulfillment. But what if the key to true wealth isn’t just in making more money, but in building an exceptional life? He introduced the concept of the “Dimensions of Kingship,” where winning in business is just one piece of the puzzle. True success means firing on all cylinders—faith, finances, business, marriage, health, and lifestyle. The Difference Between a Business Owner and an Entrepreneur Bruce raised a crucial point: Many people start businesses because they want to escape a traditional job, but they don’t necessarily become entrepreneurs. Instead, they end up owning a job rather than building a scalable business. The difference? Entrepreneurs continuously innovate. They don’t just work in their business—they work on it, constantly refining their offerings, improving systems, and creating freedom for themselves and their teams. If you feel stuck in your business, it may be time to ask yourself: Am I building a true enterprise, or am I just working for myself? Obsession, Drive, and the Relentless Pursuit of More One of the standout moments of our conversation was when Chaz spoke about obsession. Entrepreneurs aren’t just people who want to make money; they’re people who need to build, create, and achieve more. It’s not about being discontent—it’s about being grateful but not done. That drive is what separates those who thrive from those who stagnate. Successful people don’t settle. They push for the next level, not just in business, but in their relationships, personal growth, and impact on the world. And that mindset shift—of always aiming for the next level—can be the most powerful catalyst for growth. Fear vs. Freedom: The Mindset Shift You Need to Succeed Fear is one of the biggest barriers to success. It keeps people from taking risks, investing in themselves, and making bold moves in business and life. But here’s the truth: The most successful entrepreneurs aren’t fearless—they just act in spite of their fear. Bruce made an incredible point: Our financial industry has conditioned people to believe in a finite endpoint—retirement.

    56 min

  2. MAR 23

    Take Control of the Banking Function: How to Build Wealth on Your Terms

    Have you ever stopped to question how money really moves in your life? Most of us are so accustomed to the financial system we’ve been handed that we don’t even recognize its limitations. From an early age, we’re trained to earn, spend, and save in ways that benefit traditional banks and lenders—not us. What if, instead of being at the mercy of banks, you could take control of the banking function in your own life? https://www.youtube.com/live/0e0KXMmF1po The truth is, every dollar you earn is subject to a financial system that prioritizes someone else’s interests. Whether you’re financing a car, a home, or even everyday purchases, banks and financial institutions control the flow of money—and they profit from it. But what if you could flip the script? The Financial System You Didn't Know You Were Stuck InWhy You Need to Rethink How Money WorksThe Infinite Banking Concept: Owning Your Financial SystemOvercoming the Challenges of Transitioning to Your Own Banking SystemBook A Strategy Call & Take Control of the Banking Function In Your Life The Financial System You Didn't Know You Were Stuck In What many people don’t realize is that the current system isn’t just inefficient—it actively works against you. The more you rely on banks, the more they dictate the terms of your financial future. You are charged interest on loans, earn minimal returns on savings, and face restrictions on how and when you can access your money. Over time, these limitations compound, creating a financial environment where you’re always a step behind. But it doesn’t have to be this way. When you take control of the banking function, you can shift the balance of power and ensure that your financial decisions benefit you first, not the institutions profiting from your hard-earned dollars. The truth is, every dollar you earn is subject to a financial system that prioritizes someone else’s interests. Whether you’re financing a car, a home, or even everyday purchases, banks and financial institutions control the flow of money—and they profit from it. But what if you could flip the script? What if, instead of being at the mercy of banks, you could take control of the banking function in your own life? Why You Need to Rethink How Money Works Most people focus on interest rates when thinking about financial decisions, but volume matters more than rate. You might be getting 10% return on investments, but if 30-40% of your income is going toward financing costs, your wealth is leaking away. Traditional banking is designed to keep you dependent. You work hard to earn, but your income flows right back out to pay lenders, banks, and financial institutions. They benefit from your money while you get what’s left. This system isn’t set up for you to win—it’s designed for them to profit off of your financial decisions. Now, imagine if you could redirect those financing costs back into your own system. Instead of paying interest to banks, you could recapture that money and put it to work for yourself, building real, lasting wealth. That’s the power of Infinite Banking. The Infinite Banking Concept: Owning Your Financial System The Infinite Banking Concept is about more than just using whole life insurance. It’s about creating your own banking system, where you are in control. Here’s how it works: Instead of borrowing from a traditional lender, you use cash value from a properly designed whole life insurance policy. You control the terms of your loans—how much, when, and how you repay. Your money continues to grow even while you’re using it, thanks to uninterrupted compound interest. You recapture the interest that you would have otherwise paid to a bank or lender. With Infinite Banking, you no longer need permission to access your own money. You no longer have to justify your financial decisions to a bank. You have complete autonomy over your capital, allowing you to fund major purchases, invest,

    1h 9m

  3. MAR 17

    Gold as the Ultimate Wealth Insurance – How to Protect Your Financial Future

    Imagine waking up one day to find that everything around you—groceries, gas, housing—costs significantly more than it did yesterday. Your savings, your income, and everything you’ve worked hard to build are suddenly worth less in terms of purchasing power. This is the harsh reality of inflation, a silent wealth destroyer that erodes the value of your money over time. That’s exactly why we sat down with Rich Checkan, an expert in precious metals, to uncover the truth about gold as the ultimate wealth insurance. https://www.youtube.com/live/GEIorn2GMJ0 If you’ve ever wondered how to protect your financial future against inflation, economic downturns, and government overreach, this is the conversation you need to hear. Why Gold Matters Now More Than EverGold as the Ultimate Wealth InsuranceGold is Money, Not Just an InvestmentWhy Governments and Central Banks Hoard GoldGold as an Inflation ShieldHow Infinite Banking Enhances Gold OwnershipHow to Buy and Store Gold the Right WayHow Much Gold Should You Own?The Power of Gold and Infinite Banking for Wealth ProtectionGold Price and the U.S. Money SupplyBook A Strategy Call Why Gold Matters Now More Than Ever In today’s uncertain economic climate, many people focus solely on stocks, bonds, and real estate, overlooking one of the most time-tested and reliable assets—gold. Unlike paper currency, which loses value due to inflation, gold retains purchasing power, offering stability when other investments fail. In this article, we’ll break down the key insights from our conversation with Rich Checkan, exploring why gold is not just an investment but a financial insurance policy. You’ll learn: Why gold has been the go-to store of value for centuries How it protects your wealth against inflation and economic crises The best ways to buy and store gold How gold and Infinite Banking work together to build liquidity and long-term wealth Practical steps you can take today to integrate gold into your wealth strategy If you’re serious about taking control of your financial future, keep reading. Gold as the Ultimate Wealth Insurance Gold is Money, Not Just an Investment One of the biggest misconceptions about gold is that it’s just another commodity. The truth? Gold has been used as real money for thousands of years. Unlike fiat currencies, which governments print at will, gold cannot be artificially created. It’s scarce, tangible, and universally recognized as a store of value. Rich Checkan explained that gold serves as a hedge against inflation because its value rises when paper money loses purchasing power. Unlike the U.S. dollar, which has lost over 98% of its value since the creation of the Federal Reserve, gold has maintained its purchasing power. A century ago, an ounce of gold could buy a quality suit, and today, it still can. Why Governments and Central Banks Hoard Gold Ever wonder why central banks around the world continue to stockpile gold? If gold was just another asset, why would the most powerful financial institutions be accumulating it? The answer is simple: gold is the ultimate form of money. Rich highlighted that countries like China, Russia, and India have been increasing their gold reserves to reduce dependence on the U.S. dollar. This move signals a shift away from fiat currency dominance and an acknowledgment that gold is a necessary safeguard against economic uncertainty. Gold as an Inflation Shield Inflation is silently eroding the purchasing power of your savings. When governments print money excessively, the value of each dollar declines, making everything more expensive—from groceries to housing. Gold, on the other hand, maintains its value because it’s not tied to any single economy or government policy. Rich emphasized that holding gold is like having an insurance policy against inflation. It doesn’t rely on the performance of the stock market or interest rates. Instead,

    1h 2m

  4. MAR 10

    Turn Financing Costs into a Financial Tailwind

    Turn financing costs into a financial tailwind by changing the way you think about money. Flying is an amazing experience. But have you ever noticed that when you fly west, your flight takes longer than when you fly east? That’s because of the jet stream—a strong, high-altitude wind that either pushes you forward or slows you down. The difference can be significant, sometimes cutting travel time by 40 minutes or more. https://www.youtube.com/live/fK26dobWr7M This same principle applies to your financial life. Most people unknowingly operate with a financial headwind, paying interest and financing charges that slow them down. But what if you could turn financing costs into a financial tailwind, propelling your financial progress forward? That’s exactly what Nelson Nash discusses in Becoming Your Own Banker, and today, I want to walk you through how to harness this power for yourself. What You’ll Gain from ThisThe Financial Headwind: Where Are You Losing Money?Turn Financing Costs into a Financial Tailwind with Infinite BankingPolicy Design: Building the Right PlaneThe Key Takeaway: IBC Allows You to Turn Financing Costs into a Financial TailwindBook A Strategy CallExternal Resources: What You’ll Gain from This By the end of this article, you’ll understand: Why financing costs are a major drag on your financial growth. How to rethink your approach to banking. How to use life insurance to create a financial tailwind. How to apply these principles step-by-step. The Financial Headwind: Where Are You Losing Money? Most people don’t realize just how much of their income is lost to financing charges. Nelson Nash estimated that, on average, 34.5% of a person’s income goes toward interest payments on mortgages, car loans, credit cards, and other debts. That’s a third of your income going out the back door, working against you instead of for you. Think about it this way: if you’re saving 10% of your income but losing 34.5% to interest payments, you’re moving backward financially. It’s like flying against a 345-mph headwind with an engine that only pushes you forward at 100 mph. You’ll never reach your destination efficiently. Turn Financing Costs into a Financial Tailwind with Infinite Banking Infinite Banking flips this model upside down. Instead of paying third-party financial institutions, you redirect those financing costs back into your own system. Here’s how it works: Capitalization: Think Long Range Infinite Banking isn’t a short-term strategy; it’s about building financial control for the rest of your life. Just like a plane needs enough fuel to take off and reach cruising altitude, you need to capitalize your banking system with properly structured whole life insurance policies. Eliminate the Headwind: Recapturing Interest Every dollar you pay in interest is a dollar you no longer control. By financing through your own policy, you keep the money in your system. Your money continues compounding, even while you use it. Build Momentum: The Power of a Tailwind As your policy grows, your access to capital increases. Instead of constantly borrowing from banks and paying them interest, you borrow from yourself, recapture the interest, and reinvest it. This creates a snowball effect where your wealth accelerates, just like a plane gaining efficiency as it reaches altitude. Policy Design: Building the Right Plane Not all policies are created equal. If you want your financial airplane to perform at the highest level, you need the right design. Here are the key components: Premium Structure Base Premium: The foundation of your policy, providing long-term sustainability. Paid-Up Additions (PUAs): These turbocharge your cash value growth and liquidity. Convertible Term Riders: These allow for future expansion without additional underwriting. Long-Term Commitment Short-term thinking leads to inefficient policies.

    57 min

  5. MAR 3

    Where Is the Bank? Understanding the Banking Function in Infinite Banking

    Imagine walking into a grand bank building with marble floors, high ceilings, and neatly dressed bankers eager to assist you. You deposit your hard-earned money, confident that it is safe and growing. But have you ever stopped to ask yourself—where is the bank? What role does it actually play in your financial future? https://www.youtube.com/live/LFaf2iEnh94 This question is at the heart of today’s discussion on the Money Advantage podcast. It’s one that often comes up when people first learn about Infinite Banking. Where is the bank in Infinite Banking? How can you call it banking if there’s no traditional bank involved? If you’ve ever wondered whether Infinite Banking is a legitimate financial strategy or if it’s just another buzzword in the financial world, we’re here to clear up the confusion. Let’s dive into what banking really is and how you can take control of it in your own life. Challenging the Conventional View of BankingThe Truth About BankingWhy Do Banks Exist?The Three Core Functions of BankingWhere is the Bank in Infinite Banking?Why Infinite Banking Puts You in ControlBringing It All TogetherBook A Strategy Call Challenging the Conventional View of Banking Banking is more than a place—it’s a process. Understanding how money moves, who controls it, and who profits from it is the key to financial freedom. In this article, we’ll break down the fundamentals of banking, explain why Infinite Banking is not about replacing your local bank but rather about reclaiming control over the banking function in your life, and show you how you can apply these principles to build lasting wealth. By the time you finish reading, you’ll understand: Where is the bank in Infinite Banking? Why banks exist and how they make money The three core functions of banking that you can take control of How you can mimic the banking function using whole life insurance Why this approach provides more financial security, liquidity, and flexibility than traditional banking Why this strategy can serve as a foundational pillar in long-term wealth creation Let’s get started. The Truth About Banking Why Do Banks Exist? To answer the question of: 'where is the bank', we must first understand why banks exist in the first place. Historically, banks were created as safe places to store money—often in the form of gold—so individuals wouldn’t have to worry about protecting it themselves. Over time, banks realized they could make money by lending out deposits at interest, and thus, the modern banking system was born. Today, banks don’t just hold your money; they use it to make more money. They pay you a small interest rate on deposits while charging much higher interest rates on loans. This spread—the difference between what they pay and what they charge—is how banks make money. But what if you could take control of this process yourself? What if you could become your own bank and keep those profits within your financial system? That’s where Infinite Banking comes in. The problem with traditional banking is that it benefits financial institutions, not consumers. Every time you deposit money into a bank, you are allowing them to use your funds to generate revenue, while you receive minimal interest in return. The Three Core Functions of Banking To understand Infinite Banking, you need to first understand what banks actually do. Banks provide three key functions: Facilitating Transactions: They allow money to move between people and businesses through checking accounts, debit cards, and payment processing. Storing Capital: They provide a place to hold money safely (or at least, that’s what they want you to believe). Providing Financing: They lend money and earn interest on those loans, which is their primary profit source. The goal of becoming your own banker is not to replace the transactional role of banks—you’ll still use them for daily spending. Instead,

    53 min

  6. FEB 24

    Is Infinite Banking Only for the Wealthy? Think Again.

    Imagine this: You’re researching financial strategies, and you keep running into this concept called Infinite Banking. But then, you see a claim—Infinite Banking is only for the wealthy. Maybe you start to wonder: Is Infinite Banking only for the wealthy? Is this really something I can use? Or is it just a strategy for high-net-worth individuals to stash their cash and avoid taxes? https://www.youtube.com/live/WwKYCAX_22E If you've ever questioned whether Infinite Banking is only for the wealthy, you’re not alone. There’s a lot of misinformation out there. In this article, we’re going to debunk the myth, show you how Infinite Banking actually works, and explain why it’s not just for the ultra-rich. In fact, it could be the most powerful financial tool available to anyone who understands and applies it correctly. Let’s dive in. Why Do People Think Infinite Banking is Only for the Wealthy?What Is Infinite Banking Really About?Why Infinite Banking Is Not Only for the Wealthy1. It’s Based on Cash Flow, Not Net Worth2. Banks and Businesses Already Use This Strategy3. You Can Start at Any Level4. It Protects You From Market Risk5. It Provides Lifetime BenefitsWhat About High-Net-Worth Individuals? Why Do They Use Infinite Banking?How to Get Started with Infinite Banking (Even If You’re Not “Wealthy” Yet)Final Thoughts: Is Infinite Banking Only for the Wealthy?Book A Strategy Call Why Do People Think Infinite Banking is Only for the Wealthy? The misconception that Infinite Banking is only for the wealthy comes from two main places: The stories of wealthy families using it. You hear about how the Rockefellers, Walt Disney, JCPenney, and other major figures used whole life insurance to build their empires. It’s easy to assume that if they used it, it must be a strategy for the rich. People misunderstand how it works. When people hear “whole life insurance,” they assume it’s just an expensive insurance product. They don’t realize it’s actually a tool for cash flow management, financing, and growing wealth that anyone can use—regardless of net worth. But here’s the truth: Infinite Banking is not about how much money you have. It’s about how you manage the money you do have. What Is Infinite Banking Really About? Infinite Banking is not a secret strategy reserved for the wealthy. It’s a method of using a specially designed dividend-paying whole life insurance policy as a personal banking system. Here’s how it works: You put money into a whole life insurance policy instead of a traditional bank savings account. Your cash value grows tax-deferred, and you can access it anytime through policy loans. When you borrow against your policy, your money continues to grow uninterrupted—even while you use it. Instead of paying interest to a bank, you pay the life insurance company of which you are a part owner, and you maintain control of your capital. The key advantage? You control the banking function in your life rather than relying on traditional banks and lenders. And this applies whether you have $50,000 in savings or $5 million. Why Infinite Banking Is Not Only for the Wealthy Let’s bust this myth once and for all. Infinite Banking is not just for the ultra-rich—and here’s why: 1. It’s Based on Cash Flow, Not Net Worth Many people assume you need millions of dollars to start Infinite Banking. But that’s simply not true. What you need is consistent cash flow. Infinite Banking isn’t about how much money you already have—it’s about how you manage and use your money. Even if you’re just starting out, you can begin with small policies and scale up over time. 2. Banks and Businesses Already Use This Strategy If you’ve ever heard of Bank-Owned Life Insurance (BOLI) or Corporate-Owned Life Insurance (COLI), you know that banks and large corporations store billions of dollars in whole life insurance policies. Why? Because it’s a safe, liquid,

  7. FEB 17

    Life Insurance Beneficiaries: Protecting Your Legacy and Empowering Future Generations

    It’s a quiet evening. Snow begins to blanket the ground as the roads grow slick with ice. You’re driving home late at night, carefully navigating the treacherous conditions. Thoughts race through your mind. What if you couldn’t make it home? Would your family be taken care of? It’s a stark question we often avoid, but life’s uncertainties don’t wait for us to be ready. That moment of reflection ties closely to today’s conversation: life insurance beneficiaries. https://www.youtube.com/live/AVE6x6jkVAM Today, we’re diving into one of the most overlooked aspects of life insurance: its beneficiaries. Beneficiaries are a critical aspect of financial planning—how we protect and provide for our loved ones when we’re no longer there. Many avoid this topic, but it holds the key to ensuring your family’s financial stability when they need it most. Why Life Insurance Beneficiaries Matter More Than You ThinkUnderstanding the Key Players in a Life Insurance PolicyBillions in Unclaimed Death Benefits: The Hidden RiskUsing Trusts to Protect and Empower Life Insurance BeneficiariesThe Power of the Death BenefitWhat Happens if Life Insurance Beneficiaries Are Minors?Communicating Your VisionYour Life Insurance Plan, Your LegacyBook A Strategy Call Why Life Insurance Beneficiaries Matter More Than You Think We often talk about life insurance from the perspective of the policyholder—how to build cash value, manage loans, and ensure financial security. But what about the people who matter most—the beneficiaries? Life insurance is one of the most powerful tools to protect your family, build generational wealth, and ensure your legacy endures. But its true value is only realized when your beneficiaries—those who rely on the policy—are empowered to use it effectively. This article offers an in-depth look at life insurance beneficiaries: their rights, how to name them, common pitfalls, and how to ensure your policy fulfills its purpose. Whether you’re a wealth creator setting up a trust, a parent worried about your children’s future, or someone simply exploring how life insurance fits into your financial strategy, you’ll leave with actionable insights and strategies to make your plan rock-solid. Understanding the Key Players in a Life Insurance Policy Every life insurance policy revolves around three primary roles: The Owner: The person who controls the policy. They decide on the coverage amount, pay the premiums, and can change the policy's terms, including the beneficiary. The Insured: The person whose life is covered by the policy. Their passing triggers the payout. The Beneficiary: The individual or entity that receives the death benefit. Why does this matter? The structure determines how the benefits are accessed, distributed, and managed. For example, the owner has the power to name or change beneficiaries and even transfer ownership of the policy. Understanding this structure allows you to ensure your policy works exactly as intended, whether it’s for income replacement, legacy-building, or business succession. Billions in Unclaimed Death Benefits: The Hidden Risk Shocking but true: billions of dollars in life insurance payouts go unclaimed each year. Why? Beneficiaries often don’t know the policies exist or don’t understand how to claim them. This risk can be avoided with proactive communication. Make sure your loved ones know: Where the policy is held. Who to contact in the event of your passing. How the policy aligns with your overall estate plan. If you haven’t already done so, take time to list out your policies and share this with a trusted family member or advisor. Using Trusts to Protect and Empower Life Insurance Beneficiaries Trusts are a game-changer for life insurance beneficiaries, especially if your goal is to protect wealth for future generations. By naming a trust as the policy’s beneficiary, you gain control over how and when the death benefit is dist...

    52 min

  8. FEB 10

    Whole Life Term Riders: Level vs. Blended Term Riders

    Imagine you’re constructing the financial equivalent of a dream home—solid foundation, spacious rooms, and everything designed to suit your long-term vision. Whole life insurance is like that foundation, providing both stability and flexibility. But what if I told you there’s a secret feature in this financial blueprint—a term rider—that can dramatically enhance your policy’s efficiency? The problem is, not everyone understands how to use it effectively. By the end of this post, you’ll see why whole life term riders matter and how they can supercharge your wealth-building strategy. https://www.youtube.com/live/mzSkpJKujK4 Welcome! We’re Rachel Marshall and Bruce Wehner, hosts of The Money Advantage Podcast. Today, we’re diving into term riders—a critical but often misunderstood component of whole life insurance policies. Term riders may not sound glamorous, but they’re a game-changer in making whole life insurance more flexible, efficient, and tailored to your financial goals. In this blog, we’ll walk you through what term riders are, how they work, and why choosing the right type can make all the difference in your infinite banking strategy. Let’s get started. Whole Life Insurance: The Ultimate Financial ToolWhat Are Whole Life Term Riders and Why Do They Exist?Choosing the Right Whole Life Term RiderThe Long-Term Implications of Whole Life Term RidersSimplifying the ComplexityWhy Whole Life Term Riders MatterBook A Strategy Call Whole Life Insurance: The Ultimate Financial Tool Whole life insurance isn’t just about a death benefit. It’s a robust financial tool offering: Death benefit protection: Ensuring your loved ones are taken care of, providing peace of mind no matter what happens. Cash value growth: Building equity that grows over time and can be accessed during your lifetime for opportunities, emergencies, or strategic investments. Risk transfer: Shifting certain financial risks to the insurance company, offering stability and predictability in your financial plan. When structured correctly, whole life insurance becomes a cornerstone for infinite banking—a strategy to store, grow, and access capital on your terms. But what about whole life term riders? How do they fit into this picture? What Are Whole Life Term Riders and Why Do They Exist? A term rider is a temporary life insurance policy embedded within your whole life insurance contract. Its primary purpose? To increase the death benefit temporarily, allowing you to contribute more premium without violating Modified Endowment Contract (MEC) rules. Here’s why this matters: Historical context: In the early 1980s, savvy individuals used whole life policies to stash large sums of money tax-free. Congress stepped in, introducing MEC guidelines to prevent abuse. MEC rules: These ensure a proper ratio between premiums paid and the death benefit, protecting the tax-advantaged status of the policy. The term rider’s role: By boosting the death benefit, a term rider allows you to maximize cash value contributions while staying within MEC limits.  Think of it as an essential piece of the puzzle, enabling you to supercharge your policy’s growth potential without breaking the rules. Choosing the Right Whole Life Term Rider There are two main types of whole life term riders: level term and blended term. Let’s break them down. Level Term Riders Fixed cost: The premium remains constant for a set period (e.g., 10, 20, or 30 years), providing predictability in your financial plan. Predictability: Provides greater certainty, making it easier to plan your policy funding. Example: A 10-year level term rider locks in the cost for a decade, giving you time to build cash value while maintaining MEC compliance.  This predictability is invaluable for long-term planning and financial security. Blended Term Riders Variable cost: Premiums increase each year as you age. Flexibility: Can be reduced or replaced as your...

    24 min
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About

The Money Advantage provides simple, fun, and doable financial talk that helps wealth creators build time and money freedom with cash flow strategies, Infinite Banking, and alternative investments so you never have to worry about running out of money. Through our family office model, we utilize strategies for cash flow, long-term tax reduction, estate and business legal planning, creative whole life insurance strategies (Privatized Banking), and alternative investments.

Information

  • Creator
    Bruce Wehner & Rachel Marshall
  • Years Active
    2017 - 2025
  • Episodes
    300
  • Rating
    Clean
  • Copyright
    © The Money Advantage, LLC. All Rights Reserved.
  • Show Website
    The Money Advantage Podcast

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