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    Long & McQuade Musical Instruments
    Victoria, BC


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      BUSINESS DESCRIPTION

      Infinite banking enables you to get “tax-free policy loans.” To explain further, you use capital and avoid paying taxes on the amount of the loan and charged interest. So, if you want to keep your tax burden minimal infinite banking can really be beneficial for you. At PB Bankers, we even often recommend and help people choose infinite banking as a “tax-free retirement plan.” You can easily use your policy loans to make financial provisions for your retirement. Further, once you access the policy loans for funding your retirement, the insurance company will adjust the amount with the death benefit. To put it simply, the outstanding policy loan amount will be subtracted from the death benefit once the policyholder passes away.
       

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