by Tom Neeser | Feb 1, 2022 | financial planning, Personal Finance
How much of your 401k is yours? The typical answer is” all of it,” but don’t forget that you owe the IRS taxes on every penny you put in plus taxes on the growth. So conservatively, that’s at least 14% of your total amount and could be much...
by Tom Neeser | Dec 8, 2020 | Lifestyle planning
Using a tax-deferred account is a very common way many people choose to fund their Infinite Banking Plan. You will pay taxes on money that you withdraw from a tax-deferred plan. However, it is possible to reduce your overall tax liability and avoid paying...
by Tom Neeser | Sep 16, 2020 | Personal Finance
If you know me, or if you have been reading my blogs, you know I am a raving fan of IBC – The Infinite Banking Concept, as taught by R. Nelson Nash in his book “Becoming Your Own Banker.” Here are the five simple rules to IBC: Think Long Range Be generous...
