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A Different Way to Pay

You may dread that day every year.

It’s October. There’s a cool breeze blowing as you walk to the mailbox. And then, your heart sinks. Your property tax bill has arrived.

Ok, so maybe that’s a bit dramatic but no one likes to pay that bill every year!

Kenvin Financial Solutions has a different way to pay.  Did you know you can borrow money from your whole life insurance policy and often not pay any tax on the loan?

Whole life insurance policies build cash value over time. You can borrow from the policy and not be taxed as long as you repay the loan or it’s covered by the death benefit.  You can use those loans to pay for any number of different things, the down payment on a house, college, even your annual tax bill.

For more information about more creative tax strategies, contact Mitch Kenvin at Kenvin Financial Services today!

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Mitch has been a trusted financial services advisor for more than 20 years, consistently ranking among the top 1% of all financial representatives worldwide. His goal is to provide the best services and products possible to individuals and companies, while cultivating lasting relationships with his clients. At Kenvin Financial Services, Mitch provides unique financial solutions and helps guide his clients to meet their short and long-term financial goals.