130. Investing with Whole Life Policy Loans in Canada Interest Deductions episode artwork

EPISODE · Aug 30, 2022 · 26 MIN

130. Investing with Whole Life Policy Loans in Canada Interest Deductions

from Wealth On Main Street · host Richard Canfield & Jayson Lowe

Wealth Without Bay Street EPISODE #130: On today’s episode of Wealth Without Baystreet, Jayson and Richard talk about how you can invest with your whole life policy loans and about interest deductions. IN THIS EPISODE, YOU WILL LEARN: 0:00 Introduction 00:29 Is Policy Loan Interest Tax Deductible? 3:09 Two Tracks You Can Take 5:28 Being an Honest Banker 9:36 Interest Write-Off 12:26 Know Your Options 16:56 Commercial Banks vs. Life Insurance Companies

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130. Investing with Whole Life Policy Loans in Canada Interest Deductions

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