Clients often hate debt. But loans can have hidden advantages. Super low interest rates and very favorable tax advantages have changed the game. See how fixed-rate loans, withdrawals from fixed loans, and participating loans can provide paths for retirement income as needs arise.
This piece is part of our foundation on how to leverage the benefits of cash value life insurance for tax-efficient income planning. If IRC Section 7702 rings a bell, it's because it is the tax code that allows life insurance retirement plans (LIRP) to have tax-free benefits.