Episode #123 Your Life Insurance Could Actually Be Tax Deductible

<p>In this episode, I sit down with tax-planning expert Roh Punyani from The Owner’s Asset to discuss whole life insurance, Defined Benefit plans, Cash Balance plans, and advanced tax strategies for business owners. Roh explains how plans structured under Section 401(a) can allow eligible business owners to make significantly larger deductible contributions than a traditional 401(k), potentially supporting substantial life insurance premiums depending on the client and plan design. We break down who these strategies are best suited for, how the plans work in simple terms, and the goals Roh and his team aim to accomplish for their clients.We also discuss integrating life insurance and annuities inside the plan, creating tax arbitrage through funding and future distributions, and repositioning policies for long-term, tax-advantaged growth and liquidity. Roh shares the biases he had to overcome when studying whole life insurance, how it can work alongside a Cash Balance plan, and policy-design concepts most people never hear about.Check out The Owner’s Asset CPA Guidebook here: https://bit.ly/TheCPAsguidebook</p><p><br></p><p>Learn How to OutPrint the Fed by earning 1% a week compounded <a href="https://lowstresstrading.com/options?ref=LEGACYLIFE&url=lowstressoptions.com" target="_blank" rel="ugc noopener noreferrer">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠(Learn More)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a></p><p>Order A Copy of my New Book: <a href="https://fromregulartorich.com/" target="_blank" rel="ugc noopener noreferrer">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠From Regular To Rich ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a></p><p>📞 Book a Free Call To Discuss LSO ⁠⁠⁠⁠⁠<a href="https://calendly.com/shawnksfg/let-s-talk-low-stress-options" target="_blank" rel="ugc noopener noreferrer">⁠⁠⁠⁠⁠⁠⁠⁠(Here)⁠⁠⁠⁠⁠⁠⁠⁠</a></p><p>📞 Book a Free IBC Consultation Call <a href="https://calendly.com/shawnksfg/infinite-banking" target="_blank" rel="ugc noopener noreferrer">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠(Here)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a></p><p><br></p><p>📺 If you’re ready to learn more watch our full<a href="https://legacylifeprocess.com/save-and-spend-system" target="_blank" rel="ugc noopener noreferrer">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Save &amp; Spend System Overview ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a></p><p>If you&#39;d like more information on how you too can start the journey of Becoming Your Own Banker, or you have questions and you&#39;d like to chat, feel free to visit our website &amp; book a Free Consultation now!</p><p>🌐 Website: https://legacylifeandretirement.com</p><p>Watch my whole Infinite Banking Playlist <a href="https://www.youtube.com/playlist?list=PLPFOpSOEjJzR98aL5DB-akN2OCa7hjw_d" target="_blank" rel="ugc noopener noreferrer">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠(Here)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a></p><p>📥 Download the FREE Legacy Builder Outline <a href="https://legacylifeprocess.com/legacy-builder-outline" target="_blank" rel="ugc noopener noreferrer">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠(Here)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a></p><p>📲 ⁠⁠⁠⁠Download the FREE Budget Template <a href="https://legacylifeprocess.com/budget-template-and-training" target="_blank" rel="ugc noopener noreferrer">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠(Here)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a></p><p>📚 Purchase a copy of Becoming Your Own Banker <a href="https://a.co/d/3YmEAoE" target="_blank" rel="ugc noopener noreferrer">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠(Here)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a></p><p>All Social Media &amp; Podcast Links <a href="https://linktr.ee/legacylifeandretirement" target="_blank" rel="ugc noopener noreferrer">⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠(Here)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠</a></p><p>📧 Email Shawn@Legacylifeandretirement.com</p>