Paid-up additions (PUA) are the "rocket fuel" that grows your whole life policy. So you definitely want them in your policy…
But how long should you fund your paid-up rider?
While there isn't a cookie cutter answer to this one, Valerie has valuable insights to help you make the right decision for your situation. Listen now as she explains paid-up additions, the avalanche of factors to shovel through with an adviser, and practical insights about funding your paid-up addition.
Listen Now!
Show highlights include:
- Why too much money in your paid-up additions makes you wake up to a tax nightmare. (2:09)
- The "squish" mistake: Shrinking your base premium as low as you can seems like a good idea, but here's why it cripples one of your policy's best features. (10:35)
- An overlooked warning sign your policy isn't cash efficient. Often misinterpreted as a good thing, it throws a wet blanket on your financial goals. (3:19)
- The rare occasions when front-loading or "lump summing" optimizes your policy, and why talking to your advisor is essential so you don't make a costly mistake. (4:59)
- The strategic reasons having more than one whole-life policy helps you "be your own banker," especially in retirement. (12:54)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
