Beyond Limits

Beyond Limits

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To become better, the focus must be on the whole, the everything that becomes you, not just the areas that you have already become.

04/10/2025

April 10 – The Power of Life Insurance in Business: Protection, Continuity & Growth

Most people think life insurance is just for families... but business owners know better.
Life insurance can be one of the most powerful tools in your business toolkit—if you understand how to use it.

Let’s break down 3 key life insurance strategies that are changing the game for entrepreneurs, executives, and corporations:

1. Buy-Sell Agreements
When two or more people own a business together, what happens if one partner unexpectedly passes away?
A Buy-Sell Agreement funded by life insurance ensures the surviving partner(s) have the liquidity to buy out the deceased partner’s share, protecting the company from chaos, court battles, or sudden sales to outside parties.
Example: When a co-owner of a manufacturing firm passed, the surviving partner was able to buy his stake immediately—keeping the company private and the legacy alive.

2. Executive Bonus Plans (Section 162)
Want to reward and retain top talent? Companies use Executive Bonus life insurance plans to provide key employees with additional compensation through a life insurance policy. It builds cash value they can access in the future—without the strict rules of retirement accounts.
Example: A tech firm gave its CTO a $25k/year bonus through an IUL. Ten years later, he had access to a six-figure tax-free asset while remaining loyal to the company.

3. Bank-Owned Life Insurance (BOLI)
Big banks? They’ve been using life insurance to build tax-advantaged reserves for years.
BOLI is used to offset employee benefit costs and grow money tax-deferred with minimal risk.
Fun Fact: Major banks like Wells Fargo and JPMorgan collectively hold billions in BOLI. Why? Because it’s safe, grows tax-deferred, and pays a death benefit to the institution.

Life insurance is more than protection—it’s a strategy.
Whether you’re a small business owner, executive, or entrepreneur, you deserve to understand how these tools can safeguard your business, grow your assets, and leave a lasting legacy.

Want to learn how these strategies can work for YOU?
Join the National Financial Literacy Campaign with World System Builders. We’re on a mission to educate 30 million families by 2030—and that includes businesses too.

đź“… Register for a FREE Financial Literacy Workshop and learn how to leverage life insurance for life, business, and legacy.

đź”— Sign up now at wsbcampaign.com/tut

The Man Who Turned Credit-Card Points Into an Empire 01/06/2021

This is a great article for those who sat in on my credit score/credit card workshop. Definitely not for the Dave Ramsey disciples but every bit informational and convenient for those who are disciplined enough to manage their own accounts and enjoy being pampered by rewards and points.

The Man Who Turned Credit-Card Points Into an Empire Brian Kelly, The Points Guy, has created an empire dedicated to maximizing credit-card rewards and airline miles. What are they worth in a global pandemic — and why are they worth anything at all?

Watch: Seattle’s virtual New Year’s at the Needle show welcomes 2021 01/04/2021

Technology has definitely taken us to new heights.

Enjoy this video of the space needle ringing in the New Year for 2021.

Wouldn't it be a show to see in person?

Watch: Seattle’s virtual New Year’s at the Needle show welcomes 2021 KING 5 Evening rang in 2021 in Seattle with “New Year’s at the Needle.” The show featured a first-ever virtual display from the Space Needle. The virtual dis...

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