128. The original Canadian TFSA – Tax Free Saving Account

Wealth Without Bay Street EPISODE 128: On today’s episode of Wealth Without Baystreet, we are joined by Vernon McCarty and Richard Canfield as they talk about The Infinite Banking Concept and how Par Whole Life Insurance in Canada is the original Tax-Free Savings account. This is part one of the two part series so we hope you stay tuned! IN THIS EPISODE, YOU WILL LEARN: 0:00 Introduction 1:33 Misclassification of the Tax Free Savings Account 4:34 Easing Into Understanding IBC 7:18 TFSA vs. IBC 13:08 The Original Tax Free Savings Account 19:15 Don’t Be a Poor Planner 25:28 Anything Can Happen 35:42 You Can Start Anywhere