Unlocking YOUR Wealth: The Ultimate Strategy for Business Owners to Get Money Out of Their Corporation
Control and Compound with Darren Mitchell · Control and Compound Financial | BNV Media
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Show Notes
On today's episode, Darren and Christina are breaking down the capital dividend account? Are you a business owner and you're trying to figure out how to get money out of your corp without paying way TOO much in tax? Well this episode is for you! They go through everything you need to know about the CDA as well as an example of how it works and why pairing it with life insurance can supercharge the account. Tune in now!
Show notes:
00:00 - Introduction
3:45 - What is the capital dividend account (CDA)?
5:45 - What funds the capital dividend account?
9:35 - How does the CDA work with life insurance?
17:35 - Example of impact the CDA can have
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