Each company has their own interpretation and definition of a MEC. In today's Better Wealth Breakdown, Dan and I discuss a Modified Endowment Contracts, also known as a MEC. Listen as we review how we take life insurance but give it a superpower by over-funding and maximize the cash with a result of keeping the tax benefits of a life insurance policy. While all companies have different definitions and interpretations of MEC listen to our description of a MEC, how we design the policy and purpose of how to most efficiently utilize the policy.
📞 Free 15 Minute Clarity Call: https://bttr.ly/ytclarity 📕 The And Asset Book: https://bttr.ly/book 💸 BetterWealth Quiz: https://bttr.ly/quiz 👪 AndAsset.com: https://bttr.ly/andasset 🎥 BetterWealth Youtube - https://bttr.ly/bwyoutube 🤵🏼 Financial Advisor, Agent or Coach: https://bttr.ly/advisor