In episode 16 of the MBK Beat, Mark breaks down a working example for a 60-year-old male and we cover Planning Opportunities For Unused/Forgiven PPP. Using the money in an Index Universal Life (IUL) can be one of the safest investments you can make. The key points to take away from this podcast are PPP loan funds being available for other business and personal plan options. Having designated funds to transfer over 5 years, along with a zero downside investment risk and significant upsid...

In the latest episode of the MBK Beat, we are discussing Universal life contracts and how participating loans work, and the impact they can have on retirement income streams. Mark covers indexing strategy, which eliminates all downside risk and allows for maintaining the ability for significant upside returns. Mark also covers the participating loan strategy, which creates a positive multiplier effect on retirement income streams. No other financial product incorporates these two...

The 4th Episode of the Case Example Series Breaks Down How High Income Earners can use Premium Finance Intelligent Leverage. We Break down Three Different Examples of How 3 Different High Income Earners could utilize premium finance to significantly enhance life insurance benefits. We talk about What Intelligent Leverage IsHow It WorksWho Should Consider Premium Financing and WHYThen We Review the 3 Different John Doe Examples to help demonstrate the process and benefits.I...

Our 3rd installation of the Case Study Example series, we talk about how Business Owners can benefit, along with selected high level employees, by generating tax-free income at retirement. With a few key details along the way, learn how by funding a policy for merely 5 years can lead to significant vested income at retirement. Mark walks you through the way it all breaks down, by telling you the nuts and bolts of how it works, and then he'll go through a working example where you can v...

On the 2nd edition of the Case Study Example series, we break down in further detail the Executive Split-Dollar Plan for Community Banks. You can find more info to introduce the approach in episode 10. We break down the issues facing Community Banks, and how they struggle to provide competitive packages for high-level talent. We walk through the typical arrangement and the problems with non-qualified deferred compensation and go over the incentives that are possible with this plan. Watch and ...

In the 11th episode of the MBK Beat, we introduce our first new case example breakdown! You can learn the intro to the 10 plays of the playbook by going back and listening to any of the first 10 episodes, as now we start to give real life John Doe examples of the plays. In this episode we talk about IRA Conversion Strategies to help earn you tax-efficient income at retirement. If you have a traditional IRA or Roth IRA, we have a policy that will really help by converting to enhance you...

In this episode of the MBK Beat, we talk about Executive Endorsement Split-Dollar Plans for Community Bank Executives. Many times community banks struggle to recruit and retain prime quality talent, due to factors like not being able to offer stock options. We talk about how these plans work, the results for the executive, and the results for the bank. You can find more information at mbkinc.co, or always reach out and talk to Mark directly by calling 716-496-3106. Stay tuned to our next seri...

In this episode, we talk about the impending changes that we anticipate seeing through legislation and changes to taxes. We cover some of the monumental changes you can expect to see, and what you can do to be prepared. We also walk through a few examples and useful strategies to help you avoid being hurt by the upcoming changes to federal taxes. Stay tuned to the MBK BEAT podcast for more and more useful information on tax-efficient planning strategies for individuals, professionals, and bus...

On the 8th episode of the MBK Beat, we talk about the benefits and key factors of Group Sponsored Group Life Insurance. We open up with the basics and introduce who we are talking directly to on this episode. Companies and professionals that are looking to take advantage of these tax-efficient benefits can learn if they are the right fit, and what they can do to get started. Group Life Insurance unlike 401K or other benefits packages have significant opportunities that can help mitigate issue...

The 7th Episode of the MBK Beat focuses primarily on Supplemental Executive Retirement Plans that MBK can provide for C-Level Executives of Credit Unions. We talk at length about the financial gap that executives in this industry face when planning income at retirement. We break down how that gap occurs, how we determine that gap, and how we bridge that gap to your financial freedom. We have seen these Supplemental Executive Retirement Plan programs work for many credit unions, and beyond the...

On the 6th episode of the MBK Beat with Mark Kostrewski we talk about the “Executive Trifecta” Plan. This plan is not something everybody knows about but can be extremely beneficial for both a company, and its high-level executives. Many times we think about insuring property, but what about people? To ensure the Golden Goose that Lays the Golden Eggs is certainly a vital part of any successful business. Recruiting and retaining talent isn’t easy, but these plans can help. Listen in and find ...

In this episode of the MBK Beat, we cover Personal and Business Disability Income Planning Strategies. Find out the 4 Risks you run into throughout your life in business, as a business owner. If you are running your own business, and you haven't looked into Business Disability Planning Strategies, you've found the right place. Hear about the 3 different steps each business owner goes through, and where you should be with your insurance planning at each step. Individuals and professional...

If you like the show or find it valuable, tell a friend! The fourth episode of the MBK Beat focuses on what’s called Overfunded Life Insurance. We talk a bit about what it is, how it started, and where it’s going in 2021. The pandemic has changed a lot, and some of the ways that you can use Overfunded Life to your benefit have really opened up opportunities for people over 55 to make minor changes that could bring a HUGE return to your accounts. Sit back and relax and learn how to get started...

In this episode of the MBK Beat Podcast with Mark, we discuss Long Term Care Life Insurance. We talk about what it is, how it came to be, and why you may want to look into it. Many people don’t know that Long Term Care (LTC) can drain an estate when paying out of pocket. A “Hybrid” or “Traditional” Fixed Rate Long Term Care Insurance Policy could be a great answer. Many people leave their life insurance policy on auto-deduct, but don’t understand how much more they could be getting for themse...

Better understanding what you can be doing with your income and life insurance plan is our goal. Whatever we can do to help you better understand where your money is going, and what you could be doing to better set up yourself for retirement, and your family and future. One of our strategies in 2020 concerns what’s known as converting an IRA into an overfunded Index Universal Life Insurance Policy. Here are a few reasons why someone may consider. Mark is an experienced professional with year...

It’s the first episode of the MBK Beat with Mark B. Kostrzewski from MBK and Associates Inc. Today we’re chatting about how Split-dollar plans and how many of the top college coaches around the country are using split-dollar to make tax-free income. We chat about how anyone from individuals to C-level executives can benefit from these new programs. Stay tuned for monthly tips on how you can get more tax-free income out of your life insurance policy with the MBK Beat, Western New York’s new mo...