Ways to use The Family Banking Strategy
For Individuals and Families
- Early access to funds (no 59 1/2 rule, no RMDs)
- Down payments on real estate
- College tuition without the limits of 529 plans
- Supplement retirement without limits or volatility of IRAs and 401(k)s
- Provide long-term care for loved ones
- Build multi-generational wealth
For Businesses
- Reduce taxes and reliance on banks
- Fund capital expenditures, real estate and entrepreneurial ventures
- Insure your business and key employees
- Offer employees incentives with more stability than a 401(k)
- Build an exit strategy with retirement income and long-term care