Understanding Adjusted Cost Basis (ACB)
What You Will Learn
This session explains adjusted cost basis (ACB) and how it impacts policy loans and potential tax events within Infinite Banking. You will understand how ACB changes over time, when it becomes relevant, and how to manage loans to avoid unnecessary taxation. By the end, you will see how proper tracking and repayment strategies help you maintain control and optimize your policy’s long-term benefits.
Key Moments in This Session
- Client portal introduction: overview of the platform and its purpose as a dedicated resource hub for Infinite Banking clients.
- Tools and trackers explained: walkthrough of downloadable resources like amortization schedules and premium tracking to manage policy loans.
- Knowledge base and FAQs: access to educational modules, answers to common questions, and structured learning on key concepts.
- Past coaching sessions and shared resources: how to revisit previous trainings and use introductory materials to educate family members.
- Becoming your own banker: why the portal exists to help clients build independence and consistently apply the Infinite Banking process.