Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

Tax-Free Buyouts And Payouts

28 Apr 2025 · 1 min

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A short instructional video by Richard Canfield explaining how corporations can purchase life insurance policies (corporation as premium payer and named beneficiary) to build cash value that grows tax-deferred and be accessed via policy loans for retirement planning or buyouts without triggering taxable events.

Chapters

The corporation has the capital, so the corporation pays the premium. The corporation is the named beneficiary of the insurance contract so that there's no taxable benefit conferred to the shareholders. The corporation utilizes the policy loan provision to control how it finances all the things that it needs in retirement phase or in a buyout situation. There's ready access capital and we're able to take care of the planning element. And we do that on a tax free basis. The corporate owner, the entrepreneur or the business owner owner says, okay, let me get this straight. Company pays premium. The cash values begin growing immediately on a daily basis. Can't go backward, not triggering any taxable event on the build up.