Fortunate is the young person who has been taught basic money fundamentals by good parents and caring teachers. As a society, we all benefit from this type of education, but so often, this opportunity is not possible for everyone.
Many clients inquire whether they should utilize a policy loan or a withdrawal when seeking cash from their Infinite Banking Concept (IBC) policies. As the owner of an IBC policy, it is essential to prioritize increasing your policy’s cash value to optimize its capacity and efficiency. The most effective way to enhance the cash value of your policy is through contributions to Paid-Up Additions, which can come from three sources: the Scheduled Paid-Up Additions rider, the Unscheduled Paid-Up Additions rider, or the Paid-Up Additions dividend option.
Opportunity cost is probably the single most important concept in economics. Nash first mentions the term on page 23 of his book. This comes under the section “Creating Your Own Banking System.” Notice that he highlights it.
In this article, we conclude our investigative reporting of Carol Quigley’s monumental volume, “Tragedy and Hope: A History Of The World In Our Time.” In addition to being an excellent historical account of Western Civilization with detailed analysis of the first two World Wars and ending in 1964, it also tells a most incredible story. If it were not for Quigley’s impeccable academic credentials and his use of verifiable facts, the mysterious account he weaves throughout his book could be interpreted as one of the most creative hoaxes ever publishe
Life insurance can be a powerful financial tool, but many people are left wondering: will my beneficiaries really receive the full benefit without tax implications? The truth may surprise you!
In light of recent news regarding a lawsuit concerning Indexed Universal
Life (IUL) policies, the Nelson Nash Institute wishes to reaffirm its longstanding
position on the Infinite Banking Concept (IBC) and the use of
Dividend-Paying Whole Life Insurance policies from a mutual insurance
company or mutual insurance holding company.
The cash value of Infinite Banking Concept (IBC) policies provides distinctive benefits, positioning them as a compelling alternative to bonds and other conservative investment options. IBC policies generate cash value through three powerful mechanisms:
In 1987 Bill Moyer, who is best known as an American journalist and frequent voice of PBS, came out with a scathing documentary entitled, The Secret Government: The Constitution in Crisis in which Moyer spelled out how the Cold War (which began after WWII) had enticed Americans to relinquish the control of government to the National Security State. In it he interviews several high-ranking military officers that attest to the existence of a secret global war, carried on without accountability.
When exploring Infinite Banking Concept (IBC) policies, you’ll likely encounter the term Modified Endowment Contract or MEC. This blog will help you understand what MECs are, how they are created, and how they are treated.
What’s in a word? Actually, a great deal. When it comes to the word “Liberal” or the word “Libertarian,” it can be like opening Pandora’s box. For this reason, I am going to try to decipher and separate some of the widespread misunderstandings about these two political philosophies. At the same time, I hope to end up explaining the relevancy of Austrian Economics in relation to these two philosophical views, and especially the Austrian Business Cycle Theory (ABCT), in simple to understand language.
