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Podcast: Wealth Warehouse
Episode: Episode 34: The Notorious "MEC" and How to Avoid It
Description: Join David Befort and Paul Fugere on Episode 34 of the Wealth Warehouse!When it comes to IBC, research is just as important as designing your policy properly. You need to “get” IBC as a concept and understand not only how it works, but why you’re doing it. Your goals need to align with what the Infinite Banking Concept provides.In this week’s episode, the guys address a question from a fan that leads to a deeper discussion on MECs or “Modified Endowment Contracts”. They illustrate the importance of building your policy the right way, why you...