“You have a $4,000 annual amount that Medicare puts in your account, you can roll over that money, and next year it might be $6,000 or $8,000… these funds do have an interest rate attached to it”

“Offset account… loan limit minus what you've got in your offset account… $500,000 loan, $100,000 in savings… charged interest on $400,000”

“I do recommend people get a hospital indemnity plan to cover the hospital charges… some of the hospital co-pays could be $300, $400, $500 per day… members pay zero for the hospital inpatient co-pay… could be $3,000, $4,000”

“Debt recycling… $500,000 non-deductible mortgage, got 50K in savings… split it… now $450,000 and $50,000 and then go invest the 50K into shares… now you have $450,000 non-deductible debt and 50,000 tax deductible debt”

“You would use the notice of intent to claim on the form… total contributions 400,000… intend to claim as a personal deductible contribution, 10,000. …they’ll take $1,500.”