130. Investing with Whole Life Policy Loans in Canada Interest Deductions
Wealth Without Bay Street EPISODE #130: On today’s episode of Wealth Without Baystreet, Jayson and Richard talk about how you can invest with your whole life policy loans and about interest deductions. IN THIS EPISODE, YOU WILL LEARN: 0:00 Introduction 00:29 Is Policy Loan Interest Tax Deductible? 3:09 Two Tracks You Can Take 5:28 Being an Honest Banker 9:36 Interest Write-Off 12:26 Know Your Options 16:56 Commercial Banks vs. Life Insurance Companies
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Show Notes
Wealth Without Bay Street EPISODE #130: On today’s episode of Wealth Without Baystreet, Jayson and Richard talk about how you can invest with your whole life policy loans and about interest deductions.
IN THIS EPISODE, YOU WILL LEARN:
0:00 Introduction
00:29 Is Policy Loan Interest Tax Deductible?
3:09 Two Tracks You Can Take
5:28 Being an Honest Banker
9:36 Interest Write-Off
12:26 Know Your Options
16:56 Commercial Banks vs. Life Insurance Companies