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Updated about 5 years ago,

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6
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0
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Mike Callahan
  • Sonora, CA
0
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6
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Self insuring/ Interest bearing fund

Mike Callahan
  • Sonora, CA
Posted

Does anyone have experience with self insuring and starting a interest bearing fund? Assuming the premiums would be switched from the insurance company to the new fund it should stack up quickly to provide for a potential loss. Ideally this would earn interest, possibly tax deferred and have some liquidity or allow to be borrowed against in the event of a loss. Solo K?