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Round Table | IBC Decoded: Direct vs. Non-Direct Recognition Explained

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Manage episode 477100990 series 2531873
Content provided by By Russ Morgan & Joey Muré, By Russ Morgan, and Joey Muré. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by By Russ Morgan & Joey Muré, By Russ Morgan, and Joey Muré or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Are you confused by direct vs. non-direct recognition in life insurance policies? In today's conversation, Russ, Joey, and the financial coaches break down this critical distinction in infinite banking and what it means for your passive income strategy.

They explore how these recognition types affect your life insurance policy’s dividends when you take a loan and why understanding the difference is key to maximizing your wealth-building potential. While it may seem like a small detail, the recognition type can influence your financial freedom journey, especially when interest rates and market conditions shift.

Top three things you will learn:

-The difference between direct and non-direct recognition policies

-How these policies play a role in building passive income

-How market conditions and personal goals affect your policy choice

Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.

The hosts may have a financial interest in the programs or services mentioned in this episode.

The Self Storage Investing Podcast:

-https://selfstorageinvesting.com/our-podcasts/


Book Your Free Passive Income Game Plan Session:

-https://wealthwithoutwallstreet.com/freecall


Turn Active Income Into Passive Income:

-https://wealthwithoutwallstreet.com/pios


Know Your Investor DNA:

-https://wealthwithoutwallstreet.com/investordna


Create a Six-Figure Side Hustle in Peer-to-Peer Car-Sharing:

-https://wealthwithoutwallstreet.com/cars


Wealth Without Wall Street New Book:

-https://wealthwithoutwallstreet.com/newbook


IBC Webinar:

-https://wealthwithoutwallstreet.com/ibc


Join Our Next Inner Circle Live Event:

-https://www.wealthwithoutwallstreet.com/live

-Promo Code: PODCAST


Find Out How Close You Are to Financial Freedom:

-https://wealthwithoutwallstreet.com/quiz


Join the Wealth Without Wall Street Community:

-https://wealthwithoutwallstreet.com/community


Discover Your Path to Financial Freedom:

-https://wealthwithoutwallstreet.com/path


Join the Passive Income MasterMind:

-https://wealthwithoutwallstreet.com/wwws-passive-income-mastermind


Join Our Short-Term Rental (STR) Course:

-https://go.wealthwithoutwallstreet.com/strcourse


The Land Geek:

-https://thelandgeek.com/

How to Buy Online Businesses for Profit:

-https://wealthwithoutwallstreet.com/freedomnavigator


Invest With Your Friends and Family:

-https://tribevest.com/partners/wwws


The Infinite Banking Concept Explained by a CFP:

-https://youtube.com/watch?v=sVuexMv6Kf4


Becoming Your Own Banker by Nelson Nash:

-https://infinitebanking.org/what-is-infinite-banking/becoming-your-own-banker/


Financial Literacy App for Kids:

-https://gravystack.com/


Here is the List of "40 Books We Recommend" on our Amazon Store: https://amzn.to/49UyD1d


---


Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches.


-Join here: https://wealthwithoutwallstreet.com/inner-circle


  continue reading

601 episodes

Artwork
iconShare
 
Manage episode 477100990 series 2531873
Content provided by By Russ Morgan & Joey Muré, By Russ Morgan, and Joey Muré. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by By Russ Morgan & Joey Muré, By Russ Morgan, and Joey Muré or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Are you confused by direct vs. non-direct recognition in life insurance policies? In today's conversation, Russ, Joey, and the financial coaches break down this critical distinction in infinite banking and what it means for your passive income strategy.

They explore how these recognition types affect your life insurance policy’s dividends when you take a loan and why understanding the difference is key to maximizing your wealth-building potential. While it may seem like a small detail, the recognition type can influence your financial freedom journey, especially when interest rates and market conditions shift.

Top three things you will learn:

-The difference between direct and non-direct recognition policies

-How these policies play a role in building passive income

-How market conditions and personal goals affect your policy choice

Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.

The hosts may have a financial interest in the programs or services mentioned in this episode.

The Self Storage Investing Podcast:

-https://selfstorageinvesting.com/our-podcasts/


Book Your Free Passive Income Game Plan Session:

-https://wealthwithoutwallstreet.com/freecall


Turn Active Income Into Passive Income:

-https://wealthwithoutwallstreet.com/pios


Know Your Investor DNA:

-https://wealthwithoutwallstreet.com/investordna


Create a Six-Figure Side Hustle in Peer-to-Peer Car-Sharing:

-https://wealthwithoutwallstreet.com/cars


Wealth Without Wall Street New Book:

-https://wealthwithoutwallstreet.com/newbook


IBC Webinar:

-https://wealthwithoutwallstreet.com/ibc


Join Our Next Inner Circle Live Event:

-https://www.wealthwithoutwallstreet.com/live

-Promo Code: PODCAST


Find Out How Close You Are to Financial Freedom:

-https://wealthwithoutwallstreet.com/quiz


Join the Wealth Without Wall Street Community:

-https://wealthwithoutwallstreet.com/community


Discover Your Path to Financial Freedom:

-https://wealthwithoutwallstreet.com/path


Join the Passive Income MasterMind:

-https://wealthwithoutwallstreet.com/wwws-passive-income-mastermind


Join Our Short-Term Rental (STR) Course:

-https://go.wealthwithoutwallstreet.com/strcourse


The Land Geek:

-https://thelandgeek.com/

How to Buy Online Businesses for Profit:

-https://wealthwithoutwallstreet.com/freedomnavigator


Invest With Your Friends and Family:

-https://tribevest.com/partners/wwws


The Infinite Banking Concept Explained by a CFP:

-https://youtube.com/watch?v=sVuexMv6Kf4


Becoming Your Own Banker by Nelson Nash:

-https://infinitebanking.org/what-is-infinite-banking/becoming-your-own-banker/


Financial Literacy App for Kids:

-https://gravystack.com/


Here is the List of "40 Books We Recommend" on our Amazon Store: https://amzn.to/49UyD1d


---


Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches.


-Join here: https://wealthwithoutwallstreet.com/inner-circle


  continue reading

601 episodes

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