the cash value of whole life insurance

Whole life insurance policies have a unique feature that make them ideal vehicles for growing and protecting wealth—cash value. But how does cash value work? How does it grow? How do you access your money and what are the tax implications? Let’s break it down. What is the Cash ValueContinue Reading

Passive Income Strategy

Passive income strategies are not always the easiest to come by. When hearing the term “passive income” it’s likely for many to think real estate or stock marketing investing. However, as most of us probably know, there is much more that goes into generating a durable passive income stream thanContinue Reading

Banking with Whole Life Insurance gives the average American the opportunity to be in control of their personal economy. The Quandary: Our current free market economy has been seen as “under attack” from many individuals in the U.S. – news reporters, politicians, lobbyists and business owners. Regardless of how theContinue Reading

“Any fool can make a fortune; it takes a man of brains to hold onto it,” Commodore Vanderbilt, Fortune’s Children: The Fall of the House of Vanderbilt (Forbes.com). Though Vanderbilt amassed one of the greatest fortunes during The Gilded Age– $300M in today’s standards- by the late 1940s, the family’sContinue Reading

A recent Gallup Poll reported that 21% of individuals who own 401(k)s have dipped into their retirement accounts during difficult financial times within that last five years (gallup.com).  The survey states that unless an individual is planning on only using their qualified plan for retirement and nothing else, it isContinue Reading

Matilda Rose Ledger vs. ReliaStar Life Insurance Company: 2 Year Contestability Period – Part 1 Heath Ledger died of what was ruled an accidental drug overdose. So why did Ledger’s three-year-old daughter, Matilda Rose, have to sue for the $10 million claim? Ledger’s life insurance company, ReliaStar, did not denyContinue Reading

As a child I grew up on a farm in a family of 4 hungry kids. We’d get excited when Mom made cookies or some other goodies. Every couple weeks she would bake a small batch of cookies as a treat.  They always disappeared so fast. “Who ate all theContinue Reading

Protect Your Assets with Annuities and Life Insurance At Paradigm Life, our concern is not limited to how you earn, use, borrow and grow your money—we are also concerned with how you protect your money. In fact, we recognize and stress the importance of protecting ALL of your assets. ToContinue Reading

How many times have you heard that there are only two things certain in life – death and taxes?  We all seem to leave this life in the same way, and while we are alive we do everything we can to avoid taxes.  Fortunately, there is a financial vehicle thatContinue Reading