About
Important information
- Additional Info:
Ron Harris, MBA, MBE, Certified Financial Educator (CFEI), Author, Insurance Professional and CEO of Financial Literacy Group, LLC, was born in Los Angeles, CA. Ron earned a master's degree in global marketing and communications at the University of Essex, UK.
Ron Harris is an entrepreneur who has over 20 years’ experience researching, developing integrated sales and marketing strategies that have launched new solutions and technological products for startups, SMEs, and corporations. Ron has worked with companies such as Union Bank of CA, Prudential, KCBS, KCAL, KTLA, FatBurger, the Dial Corporation, Sunkist, MSE, ILG and DocuWise.
For the last 7 years Ron has been helping people on Main Street manage their finances like people who work on Wall St.
Ron has traveled across the US and to over 40 countries to study causes of wealth disparity so that he could apply this knowledge at home in the United States. Ron is dedicated to helping working class people optimize their personal financial positions, improve their lives, retire with dignity and build generational wealth.
Overview
Financial Literacy Group
Long Beach, CA 90802-7946
See Hours
| Monday | 9:00 AM - 7:00 PM |
|---|---|
| Tuesday | 9:00 AM - 7:00 PM |
| Wednesday | 9:00 AM - 7:00 PM |
| Thursday | 9:00 AM - 7:00 PM |
| Friday | 9:00 AM - 7:00 PM |
| Saturday | 10:00 AM - 5:00 PM |
BBB Accreditation & Rating
About This Business
BBB Accredited Since: 8/3/2022
Years in Business: 10
Products and Services
- Accelerated Debt Payment: The technology acts like a GPS, directing funds in the most efficient way to pay off debts earlier than the standard term. It can reduce the interest paid and help users to become debt-free more quickly. This is akin to the snowball or avalanche methods of paying off debt, but it's driven by AI and algorithms. The technology integrates with the IUL, enhancing the policy’s characteristics based on the changes of the IRS codes 7702 and 101a in the Cares Act 2020.
- Using Index Universal Life Insurance (IUL) for Banking Purposes: This is an advanced financial strategy that goes much further than the "Infinite Banking Concept" or "Bank on Yourself." With an IUL, there's potential to earn tax free interest based on index market performance without the risk of losing principal. Furthermore, policyholders can borrow against their IUL cash value, effectively "banking" with their policy. The idea is that instead of paying interest to a bank, lender or even the life insurance company, they're not paying back the loan, they are paying off debt in record time, overfunding the IUL with the policy owners liabilities and theoretically earning the interest on themselves.
- Tax Advantages: One of the key benefits of an IUL is its tax-advantaged growth. Earnings within this policy are not taxable. Furthermore, loans against the policy typically aren't considered taxable income.
Photos and Videos
Business Details
- Local BBB:
- BBB of Los Angeles & Silicon Valley
- BBB File Opened:
- 3/12/2021
- Business Started:
- 10/6/2015
- Business Started Locally:
- 10/6/2015
- Business Incorporated:
- 10/26/2020
- Type of Entity:
- Limited Liability Company (LLC)
- Alternate Names:
- Financial Literacy Group LLC
- Business Management:
- Mr. Ron Harris, CEO
- Number of Employees:
- 1
Additional Contact Information
- Principal Contacts
- Mr. Ron Harris, CEO
- Customer Contacts
- Mr. Ron Harris, CEO
Licensing information
This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
Additional Information
- Payment methods
- Credit Card
- Debit Card
- ACH
- American Express
- Discover
- MasterCard
- PayPal
- Visa
- Financing
- Business Categories
- Life Insurance, Financial Planning Consultants, Retirement Planning Services
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