what is a 770 account?

By silverfox77, September 16, 2013

Travis;
This is being touted as a teaser for subscibing to The Palm Beach Letter. Have you researched this before or do you have any info on this item? Thanks . Carl Wright

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7 Comments on " what is a 770 account?"

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Travis Johnson, Stock Gumshoe
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5877

Hi Carl, yes, we had a pretty thorough discussion of that a few months ago here, folks are still adding on to the discussion thread:

http://stockgumshoe.com/reviews/palm-beach-letter/secret-770-account-or-the-presidents-account-explained/

Edgar
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I already answered that question on the other discussion, but just to summarize: This “770 account” is not more than Permanent Life Insurance with a twist – maximizing your Life Benefit and not your Death Benefit. There are many factors that need to be in place before the life insurance policy can turn into a “770 account.” It needs to be from a Mutual Insurance company, it needs a paid up additions rider, you will need to be on the MEC line of the policy (I will explain later), and it works better with non-direct recognition, etc. When structured correctly,… Read more »
Kenneth Lombardo
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Kenneth Lombardo

Please supply contact info for the Insurance Companies? Thanks you.

Faye
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Faye

I just started looking at this today, so any information would be helpful

Crys
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Crys

very helpful, thanks!!

RC Hanna
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RC Hanna

Can you please forward names of companies or persons that can actually
help me in getting my own 770 account. Thanks.
R.C.H.
MDPS EMPLOYEE

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