Posts Tagged ‘770 account’

Business Testimonial for the “770 Account”/Infinite Banking

Saturday, August 30th, 2014


JLM Wealth Strategies Testimonial


It’s quite amazing how our financial lives can change so quickly. After recently receiving a significant promotion and closing more new contracts in one month than my entire career, I was suddenly let go from my consulting job on a Friday afternoon in February. California is an ‘at-will’ employment state and anyone could have a day that ended like mine.

As I paused to assess the situation, I checked my cash flow, liquidity of investments, and nice-to-have expenses. First stop, where is my money and how quick can I access it? I was mid-way through a bathroom remodel, planning my wedding, and now my paycheck had stopped.


401K Hijacking


I had opted not to contribute to the company 401k, learning from previous corporate downsizing experience in 2006, when I had needed to access my reserves.  I learned the hard way that a 401k was not liquid when I needed it to be and it came with additional penalties for accessing it. By the time I got access to my own money, I had far less than I had contributed to begin with.

Government wins this one.


ESOP to IRA Barricade


Fast forward to the 2014 where my new former employer had provided a vested ESOP (employee stock option plan). But looking at these reserves, I was not allowed to touch it for two years following the end of our relationship. Even after two years, I can only roll it to an IRA and all the penalties that come with accessing an IRA early.

Employer and the government win this one.


Infinite Banking/770 Account Life Line


Just two years ago I met with John Montoya at JLM Wealth Strategies where I opened a 770 account to build my own banking system using the Infinite Banking Concept (IBC). I continued to fully fund this financial vehicle over the course of two years with a vision for funding retirement on my own terms.

Coincidentally, I had just hit my two-year anniversary the same week as my last day on the job. There I was holding in my hand my annual statement with dividend contributions, cash balance, and life insurance coverage. I realized quickly that I could take a policy loan, no questions asked, and take a breath to decide what the next best step for me would be without shutting down my lifestyle.

This liquidity, access to cash, allowed me to manage my fears, concerns, what-ifs, and give me the space to see all the possibilities in front of me, not just the unemployment line.

I win!


Infinite Banking/770 Account Power


With my IBC/770 Account plan, I had access to my money without penalties or taxes, stacks of paperwork, or an interrogation from a bank wanting to know every detail of my financial life. I discovered the proverbial pot of gold that I had created for myself with rules or restrictions limiting access to my own money. What a novel thought! So it got me thinking further: “What if I build my own business?”

No traditional bank in their right mind would give me a business loan while unemployed, but by “banking on myself”, I had immediate access to my capital to take time off, enjoy a long holiday, or best of all, the opportunity to build my own consulting practice.

At this moment, I realized the choice I had made two years ago to start my own privatized banking system had been the best financial decision I could have ever made.

No more reliance on banks, Wall Street, or government qualified plans to secure my future. The IBC/770 Plan provided me the opportunity to make decisions that put me in the driver’s seat.

I win!

By funding my IBC/770 contracts, I have funded my future. My bathroom remodel is on track. My wedding plans are in full force. My consulting business has a pipeline of $3M year-to-date. No fees, penalties, annoying bank questions or the dreaded unemployment line.  And the best part is that my money is continuing to grow even while I borrow against it for my business and other purposes.

I am now part of the success stories I had heard previously about JCPenny and Walt Disney utilizing their Whole Life contracts to successfully start or maintain their businesses when times got tough. This plan allowed me to take control of my financial future and I am hopeful my experience will resonate with others who are considering the Infinite Banking concept for themselves.

Thank you JLM Wealth Strategies for helping me design an Infinite Banking/770 Account plan that fit my budget and my vision of financial freedom. You’ve made sure my rainy day included a rainbow.


Kelly J. Vail
OTS Practices Management
Organizational Transformation Solutions, LLC

FAQ-The “770 Account” or Infinite Banking®

Wednesday, February 5th, 2014


Some Quick Words of Wisdom:

Humility is regarded as a prerequisite to increasing wisdom.  When you are humble, you accept that there is still more for you to learn.  Humble people are teachable, open to change, and never stop learning.  With great wisdom comes great wealth and success.

Thank you in advance for increasing your financial knowledge but remember that wisdom is the practical application of knowledge.  Simply put, apply what you learn.  No one will do it for you.




Why Have I Never Heard Of The 770 Account Before?

Your financial advisor has likely never heard of it and the life insurance industry does not train agents on this strategy.  Wall Street advisors get paid to manage money by recommending mutual funds and other securities. The 770 Account is an unmanaged asset class guaranteed by contract to grow regardless of market conditions.  It quite literally is the secret your advisor and bank hope you never discover!

See below why banks hope you never discover the 770 Account…


What is the 770 Account?

The 770 Account is really another name for a popular financial strategy better known as Infinite Banking® or Bank On Yourself®.  In January 2013 a popular stock newsletter began promoting the “secret” 770 Account as a way to increase subscribers to their monthly paid newsletters.  As an Authorized Practitioner with both the Infinite Banking Institute and Bank On Yourself®, I can create a personalized 770 Account solution for you and you’ll get my monthly newsletter for free.  I work in all states including Alaska and Hawaii.


Is the 770 Account an Investment?

No.  An investment is an asset that can gain in value but also lose value at any time.  A 770 Account is a permanent life insurance contract with a mutual based life insurance carrier.  The life insurance companies provide you a contract that guarantees to increase your cash value every year regardless of economic conditions.  Also, unlike other assets, a 770 Account doesn’t need to be sold in order to create liquidity.  You always have access to your cash values in the contract without interrupting the compounding growth of your money.  There are no surrender penalties and no fees to access your money.


Is the 770 Account a Whole Life Insurance Contract?

Yes and No.

“770” refers to IRS revenue code 7702 which provides permanent life insurance contracts (Whole Life) tax-favored status when compared to other assets.  You can use other vehicles for the strategy but no other vehicles for money provide all the benefits and guarantees of a properly designed Whole Life contract.

IMPORTANT:  Whole Life is the most misunderstand financial product that exists.  Please remember that the 770 Account is a strategy, not a product.  The 770 Account strategy is a process by which you use a properly designed Whole Life contract to accelerate the payoff of debts and/or accumulate assets safely.  It is not about earning a conservative tax-favored rate of return of 5% over the life of the contract although that’s a nice perk, too. 

When you set up a properly designed Whole Life policy, you are creating a business you’ve never had before.  When you change the way you use your money, you change the way think!  Take back the function of banking (financing) from your bank forever. 

Watch the video at to learn more and see a real life example towards the end of the video.  You can also subscribe to receive more information at with my advisor code JM66.


What Makes the 770 Account Strategy Different From a Traditionally Sold Whole Life Contract?

The life insurance industry prefers to sell maximum death benefit policies in order to protect families from a sudden loss of income due to the premature passing of a loved one.  While that is a noble pursuit, the 770 Account is a strategy that turns how life insurance is purchased completely upside down.   The goal of the 770 Account is to minimize the death benefit while at the same time maximizing the funding.  A properly designed account reduces the commission by 60-70%.  What would go to the advisor now goes directly toward the cash value!


Why Are You (The Advisor) Willing To Take a 60-70% Cut In Commissions?

In one word: Integrity.

Taking a 60-70% cut in commissions translates to a 60-70% increase in cash value right away for my clients.  I like to provide transparency as it establishes trust.  Additionally, I have found that people better understand the mechanics of a Whole Life contract when I explain how their money is allocated into specific riders to turbo-charge the growth from day 1.

Honesty and transparency has also provided a long-term benefit for me as an advisor.  Because there are few advisors who offer the 770 Account the way it should be set up, my business is largely word of mouth.  Just like it’s hard to find a good mechanic, it’s also very difficult to find an honest and experienced practitioner for the 770 Account strategy.


What Is The Minimum/Maximum To Get Started?

It depends on your age, but generally $500 a month ($6000/year) is the minimum to get started. There really is no maximum which is why wealthy people have been over-funding Whole Life insurance contracts for generations in order to protect, grow, and transfer wealth tax-free.  This is not a get-rich quick scheme.  You must have a long-term perspective to properly utilize this strategy.


Can I Contribute A Lump Sum Into a 770 Account?

Yes and No.

There are tax advantages if you break up a large lump sum into regular annual contributions.  You could also start with a lump sum and then contribute on a monthly basis which is a popular way to jump start the plan.  You can have access to the cash values in as quickly as 30 days.

If you decide to only fund a contract with one lump sum contribution, your cash values will grow tax-deferred but you will be taxed on any gains upon loan or withdrawal.  A single premium 770 Account plan works best for seniors because there is minimal underwriting requirements and they can re-direct money that traditionally sits in a bank CD providing little benefit.

If you are older than 65 and/or have CD money, please request “The Bank On Yourself® Plan for Seniors”.


What Is The Best Way To Use The 770 Account?

If you work with me to open your 770 Account with the goal of building wealth, you’re more than likely to hear me tell you that there are two kinds of people in this world:  employees and business owners.

How you think determines everything in life!  So it is with the 770 Account.  My hope is that you think like a business owner.  Here’s why:

An “employee mindset” is to treat your 770 Account like it’s just a savings account and never touch the money for any reason.  It’s okay if you do but personally I believe you’re missing the most important benefit of the 770 Account which is the ability to grow your cash values uninterrupted for the rest of your life, even when you choose to use the money somewhere else.

A “business owner mindset” sees the unique ability to access their cash values without interrupting its growth so they can use the money to invest in other assets that provide greater returns with little risk.  A lot of my clients love real estate for high ROI cash flowing properties or acting as a private lender on secured Deeds of Trusts earning 8-15% on short term loans.  How they use this strategy to invest is entirely up to them.  If you have a business, you can use your 770 Account to finance the growth of your business instead of paying interest on a Business Line of Credit to the bank.  You can use the money for literally any purpose.

Your only limitation is your imagination.  Use a business owner mindset and remember this:


“Money attracts opportunities.”


How Do I Get Started?

Please use my online calendar to schedule an appointment that is convenient with your schedule here:

You have nothing to lose but more time.  There is no out of pocket fee ever to work with me or any of member of my team, so get started!


What’s the Secret Banks Hope I Won’t Discover?

Did you know banks purchase more cash value life insurance than any other entity in the world?  Isn’t it ironic that what banks do with their reserves is the opposite of what their advisors recommend you do with your money?  Banks buy so much cash value life insurance that life insurance companies created a special product for them called “Bank Owned Life Insurance” or BOLI for short.  In 2004 the Federal Reserve actually had to mandate that banks limit their life insurance assets to 25% because they were buying too much.  Amazing, right?  Author Barry James Dyke documented this and more in his book The Pirate of Manhattan. It’s a must read for 770 Account/Infinite Banking enthusiasts.  Still don’t believe me?  Click here to see Bank of America’s balance sheet.


One final thought about banks…

Imagine you had a time machine and could back in time to the day you opened your savings account at your local bank.  I’d like you to imagine that instead of a traditional savings account, your banker recommended you open a 770 Account instead.  Can you imagine how much money you would have if every dollar you saved was still working for you all these years later?

Banks will never offer you a 770 Account because think about what would happen to their lending department if they let you borrow your own money on your own terms without interrupting the compounding growth of your money?  BANKS WOULD CEASE TO EXIST.

The goal of any bank is to control your money and create debt.  Whether you are a religious person or not, you might know it’s mention in the Gospels that Jesus lost his temper only one time.  That was when he threw the money changers (bankers) out of the temple.  Are you ready to throw out your banker?

Click the “Contact” tab to your bottom right to schedule an appointment!


“Eliminate Uncertainty (Stock Market) and Usury (Banks) Forever!”

FAQ’s For The Infinite Banking Concept AKA 770 Account

Sunday, January 19th, 2014

F.A.Q.’s For The Infinite Banking Concept

 AKA 770 Account


1. How Much Income Do I Need To Have To Get Started?


The Infinite Banking Concept/”770 Account” can be utilized for individuals and families of nearly all income ranges.  That said, the more discretionary income you have (money left over all expenses have been paid), the more successful you will be with this strategy. Remember, it’s not how much you make, it’s how much of it you keep.


Traditionally, the Infinite Banking Concept (IBC) has been a strategy for the wealthy because there are no rules or restrictions limiting the amount of contributions like with a 401k/IRA.


 2. What is the purpose of the Infinite Banking Concept/770 Account?


At the end of the day, the Infinite Banking/770 Account strategy is about re-directing money that you would otherwise send to banks and instead put that cash flow back into your own private banking system. All families would benefit from putting their savings where it could grow uninterrupted for life instead of having to stop and start when life throws a curve ball.   (In more simpler terms, this strategy is tax-favored savings account with a death benefit attached to it.  I encourage you to think far beyond opening a 770 Account if you going to use just as a better savings account. Money in motion has far greater value than idle money. Hint: Think like a banker!)


Taking back the banking function you have given to your bank is a novel concept for everyone.  Why?  A lack of financial education has lead us to believe that banks are not only a safe place for money, but the source of financing to get us through life.  Outside of a checking account, there is no reason you should ever deal with a bank!


One of the best long-term benefits of the 770 Account/IBC is the tax-free death benefit which can help improve a families wealth class from one generation to the next. Without this generational transfer, most families are left no better off than their previous generation. The short-term benefits are tax-favored contractual growth and liquidity. Everyone can and should have access to such benefits.

3. How much does it cost to get started?


There is no upfront out-of-pocket fee to work with the 770 Account/IBC Authorized Advisor unless an advisor charges a fee. My company, JLM Wealth Strategies, does not charge a fee for design or implementation and instead is paid a commission by the financial institution the advisor chooses for the strategy.


The commission is based on the annual base premium which for a 770 Account/IBC policy is typically a 50-70% reduction in commission compared to financial professionals who offer a Whole Life contract without the proper design.  The correct design will allow you to accelerate the cash values from day 1 by reducing the commission of the advisor and re-directing that money back to your account.


It pays to work with an advisor who can not only teach you how Infinite Banking works to protect, grow and transfer wealth, but also who is not concerned about fattening their wallet at your expense.

4. What is the minimum needed to open a 770 Account/IBC contract? What is the maximum?


The minimum is approximately $250 per month.  We have clients who are putting well over $100,000 a year into their contracts.


These answers varies depending on the savings, cash flow, and assets of each person. It can be customized to fit your individual needs and wants.


5. Can the policy be canceled without penalty?


Yes, if you have the correct type of contract.  The only type of cash value life insurance policy that does not carry a surrender charge period is a Whole Life policy. Universal policies typically have a surrender period of 10 years or longer resulting in a surrender penalty if the contract is canceled before the surrender period ends.



6. Isn’t Whole Life more expensive than Term and Universal Life?

A 770 Account/IBC policy compared to a traditional Whole Life policy sold to the public has a much lower annual base premium.  This design minimizes the death benefit and, therefore, the cost of insurance inside the contract.  Not only is the death benefit minimized but the premium is guaranteed to never increase for the life of the contract.


(It is worth noting that since the death benefit is minimized, you are able to take dollars that would have otherwise supported a much higher death benefit and instead re-direct that excess money into a Paid Up Additions Rider which supercharges the cash value growth inside the contract.  This design creates the most efficient way to accumulate capital within the contract while also providing you with a lot funding flexibility.)


Term life insurance policies offer only death benefit protection for a set period of time.  There is no cash value to be accessed.  Ultimately, the lowest cost policy over the long run are not term policies. Less than 2% of all term policies pay a death benefit.


All universal contracts contain a term “chassis”.  Essentially, you are buying renewable 1 year term insurance coverage for the rest of your life.  The cost increases with age getting exponentially more expensive as you enter your traditional retirement years.  This is increasing cost component is one of the reasons why no type of universal policy is endorsed for the 770 Account/Infinite Banking strategy.


7. What if premium payments cannot be made because of job loss? 

In the event of a job loss, premiums still need to be paid. However, since the monthly required base premium is typically 50-70% less than with a typical Whole Life contract the public buys, cash value is building from day 1.  Instead of the being the slow growth contracts financial entertainers like Dave Ramsey and Suze Orman lambast on a regular basis, a 770 Account/IBC contract has substantial cash values available to offset the inability to pay premiums in the event of a job loss for many years.


In the event of a job loss, the owner of a 770 Account/IBC contract will have 3 options to pay premiums: borrow from the available cash value, surrender death benefit, or utilize the dividend to offset payment.


Whole Life locks in the premium and guarantees that it will not rise for the life of the contract. Each year, the cash value is guaranteed to grow. With use of a Paid Up Addition’s rider, the cash values will increase at an exponential rate allowing the contract to have a cash value equal to premium outlay sooner than with a traditionally designed Whole Life policy.


8. Is a health exam required to open a 770 Account/Infinite Banking contract?


Yes. A paramedical exam must be completed for the insurance company to fully underwrite your policy.


The exam is usually takes 20 minutes and can be scheduled at the comfort of your home.

9. I have poor health. Do I have to be insured to be the owner of a policy?



You can be the owner of a life insurance policy and not be the insured. For example, a family member like a mother, father, child, grandchild, sister, and brother.

10. Is there an age limit to start a policy?


Yes, it varies on the insurance company. Typically, life insurance stops being offered by the 80th year of life. In rare cases, age 85 is the final year it can be purchased.

11. Can a 770 Account/Infinite Banking contract be owned by a trust?


Yes. We can refer estate planning attorneys who specialize in living trusts and advanced estate planning scenarios.


12. Can the 770 Account/Infinite Banking contract be split between different beneficiaries?


Yes. Also, beneficiaries can be changed in writing by the owner after the policy has been issued.


13.  Can other assets/investments be re-positioned into a 770 Account/Infinite Banking contract?


Yes.  Careful consideration must be given before the sale of any assets and investments. 770 Account/IBC policies can be designed to incorporate large inflows of premium.


14. When you pay yourself back, are you paying yourself interest?


No because you are not actually borrowing your own money when you take a policy loan.  You are borrowing against the cash value you’ve built up in your 770 Account/Infinite Banking contract from the portfolio of the life insurance company.  Therefore, your money stays with the life insurance company where it continues to compound for you.  (Also, it’s important to note taking a policy loan with your cash value acting as collateral is also a non-taxable event.  Plus as a policy owner, you have the ability to set your own repayment schedule.  You are the banker.)


I would also add that “paying yourself back” or “paying yourself extra interest” are simply euphemisms to help explain the benefit of paying your policy loans back quicker.  Additional “interest” you charge yourself on loan repayments will simply accelerate the pay back of the loan allowing you to re-capitalize your contract quicker.  This allows you to take additional loans concurrently or again in the future as needed.


Once your policy loan is re-paid, your entire monthly loan payment can now be directed towards the Paid Up Addition Rider of the contract.  This strategy of “charging yourself more interest” is essentially a forced savings strategy meant to harness and reinforce the habit of saving money by capturing your newly created cash-flow from the paid back loan before it can be diverted and lost forever to newly created expenses.  This is referred to by Authorized IBC Practitioners as overcoming Parkinson’s Law.



15. What is the difference between a mutual based and stock based life insurance company?


A mutual-based life insurance company is owned by its policyholders. A stock-based life insurance company is owned by shareholders and makes decisions that can benefit shareholders before policyholders.


Only a mutual based life insurance company is recommended for the 770 Account/Infinite Banking Concept.




16. What is the difference between a non-direct recognition vs. direct recognition dividends?


A non-direct recognition dividend is unaffected by an outstanding loan. A direct recognition dividend is can be reduced if a policyholder has an outstanding loan.


The amount of the reduced dividend reduction varies by insurance company and can be different each year.


17. Does your money grow faster with one large policy or multiple policies?

The compounding effect of large numbers favors larger numbers. That being said multiple policies create a pool of money. When all aggregated together this pool of money will compound annually in the same manner as one large policy.


Start funding your banking system by what you can afford to save comfortably. You can add more policies later health permitting. Should health be an issue, you can look at being the owner of a policy on someone you have an insurable interest in.


18. I am considering a 529 college savings vehicle for my child. Are there any advantages to starting a 770 Account/Infinite Banking contract instead?


Absolutely, yes!


First, giving your child the gift of life insurance locks in their insurability for life. With more children being diagnosed with autism, Children’s Diabetes, and other heartbreaking illnesses, you have the ability to lock in a child’s policy while healthy giving them more financial options later in life.


Second, the money saved in a 770 Account/Infinite Banking contract is protected from stock market loss. An IBC policy provides contractual guarantees and predictable growth every year. 529 accounts will fluctuate based on the performance of mutual funds offering no such guarantees.


Third, if your child decides to use the money for something other than higher education, the money in a 529 account will be taxed AND penalized. The cash value in a life insurance policy can be used tax-free no matter what the funds are used for. Never underestimate flexibility.


Fourth, unlike a 529 account, a life insurance policy is not considered an asset under the financial aid formula colleges use thereby allowing your student to potentially qualify for more grants or aid offered by universities.


Finally, giving your child the gift of controlling their financial future by the time they are a young adult will be absolutely priceless.  Imagine if you could have had the benefit eliminating banks from your life at an early age?


19. Why didn’t I start this sooner?


Learn the answer to the most frequently asked question about the 770 Account/IBCClick here.

20.  How Do I Get Started or Open A 770 Account?


You can get started in four easy steps.  Please click here to learn how.


770 Account



Watch our new video at


John A. Montoya
JLM Wealth Strategies, Inc.
(925) 386-6639 Office
Bank On Yourself™ Authorized Advisor
770 Account



Request the free Bank on Yourself Report by clicking here

Be sure to mention “Free Report”.



The Very Secret 770 Account That Sounds Too Good To Be True (But Isn’t)

Saturday, December 21st, 2013


The Very Secret “770 Account”


So about that “770 Account” you’ve been hearing about…


Click on the carton to request the Free Report.


Before I get started on the 770 Account, I want to share with you another little money secret.  It’s called a “401” account.  It has no guarantees except that you can and will lose money when the market tanks and eventually you will have to pay taxes on it whether you have a gain or not.


Still interested?


It gets even dicier. Your money in this 401 account is in most cases illiquid until after age 59.5 and you have to pay fees on the account (even hidden fees that you know nothing about) for life to Wall Street whether they make you money or not.


Can you guess what it is?!?


If you follow the mainstream financial media you likely have one of these 401k accounts.  You also buy term insurance thinking Whole Life is expensive and have been led to believe permanent life insurance is a waste of money.


Madison Avenue and Wall Street know that if you hear the same thing for long enough, you’ll actually believe it’s true. Those fat cats are pretty clever, aren’t they?


In my honest opinion, only an unwitting person completely unaware of a better option would park their money with Uncle Sam and Wall Street in a retirement account lockbox called a 401k because one entity will tax you for life and the other will bleed your account dry while you take all the risk.


If that’s appealing to you, please proceed with your regularly scheduled programming…


The only people getting wealthy from mutual funds & 401k’s are the financiers on Wall Street!  


My apologies (sort of) for poking fun at the 401k which the majority of Americans use to fund their retirement.  My point in leading off with it is to point out that a “secret” financial strategy like the 770 Account isn’t really much of a secret because it’s actually been around for over 150 years.  Depending on how old you are, your grandparents probably had one!  They certainly didn’t have a 401k and they were smart enough to not trust the banks.


770 Account

One important difference between the 770 Account and the 401k account is that you’re only familiar with the latter.


The 770 Account is the alternative retirement account that you either have never heard of it before or, if you have, chances are you are most likely misinformed or have yet to be properly educated about the strategy.  (The first giveaway is that you’re calling it the 770 Account!)


I can pretty much guarantee you don’t understand this proven wealth strategy because the life insurance industry doesn’t even teach this strategy.  In fact, it’s still so obscure that it’s now being called the 770 Account by a newsletter putting a new spin on old registered trademark and people are none the wiser.


And if those in the life insurance industry don’t know the in’s and out’s of this financial strategy  (sadly,the majority of advisors use the wrong type of contract), I’m absolutely positive the traditional government approved Wall Street advisor knows next to nothing except what they might have heard about it in conversation from a client asking them to open an account for them.  So for the lay person, knowledge about the 770 Account is even more obscure, if that’s even possible…


The bottom line is this, the 770 Account is very much a secret if you call it by that name.  Lately I’ve been seeing videos on the internet for a secret investment that of course sounds too good to be true.  It’s called the “770 Account” or “the Presidential Account” but it’s best known as the Infinite Banking Concept® (or IBC for short) which is the original trademark and the trusted source behind this strategy.


For those that already think they know what the Infinite Banking Concept is about, I’m going to stop you in your tracks.  Infinite Banking is more than a Whole Life contract which is simply a product that combines a tax-favored savings component under IRS code 7702 (get it?) with a death benefit to boot.


Brace Yourself…


The 770 Account is REAL and BY FAR the best place to park cash for use over one’s life because it’s actually safer, 100% liquid, and more predictable than any other type of wealth accumulating strategy that exists.


Just try not to call it the 770 Account because that’s a clever new name some folks at the Palm Beach Newsletter have given it after they did their own very thorough research.  I’ll admit the new name is catchy.  So much so that I even refer to it as such when people call or message me asking for more information but at the end of the day, remember that it’s original name is Infinite Banking.  And even more important, please remember this key detail:


The Infinite Banking Concept® is the only strategy by which you can eliminate uncertainty (Wall Street), usury (bank financing), and taxes (the IRS) from your life forever.


What could be better than the 770 Account (Infinite Banking)?!?


Answer this riddle and you will know:  It’s more powerful than God. It’s more evil than the Devil. The poor have it. The rich need it. If you eat it you will die.   (Answer below.)


This is what the 770 Account visually looks like (click to enlarge):

770 Account Banking Process

Money must reside somewhere. Grow it, keep it, and pass it on!


As an IBC Practitioner, I teach this strategy in my practice and I’ve seen the impact it has had in my clients lives.  The “770 Account” is the mother of all foundations for wealth building. Why? Because it can give birth to new investments without opportunity cost.  Your money is always working for you even when you deploy it somewhere else!


Educate yourself by doing your own research about the Infinite Banking Concept.


Don’t believe the online jokers on message boards who know nothing about Whole Life contracts.  This includes the typical Wall Street advisor paid to sell you mutual funds or the lay person who only buys term because they’ve never learned how wealthy people accumulate tax-favored money in these accounts using very specific riders to turbo charge the cash values.


For a better understanding of how the 770 Account works, talk to an IBC Practitioner who can teach you the concept.  You can verify my affiliation with the Infinite Banking Institute by clicking here:   Best of all, you won’t have to pay a monthly subscription to a newsletter for learning how you can get started with your 770 account.


…and the answer to that riddle above: nothing.


And by the way, the most common lament I hear from people once they learn the truth about the 770 Account/IBC is that they wish they would have known about this decades ago.  (Just heard it again this morning from a 64 year old gentleman wanting to get started and is two years from retirement.  If this sounds similar to your situation, a different version of the 770 Account is your best bet.  Ask me about it.)


Do yourself a favor and get in touch to request a free Infinite Banking personalized solution today.  Until you see what your plan will look like, you’ll never truly know how much wealth you’re giving away.


You’ll thank yourself later (and your kids and grandkids will, too).

Grow Wealth Early & Often


John A. Montoya
JLM Wealth Strategies, Inc.
(925) 386-6639 Office
Bank On Yourself™ Authorized Advisor
IBC Horiz-Med



Request the Free Report by clicking here

Be sure to mention “Free Report”


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