21 Mar Discover how Indexed Universal Life Insurance (IULs) can build wealth
Indexed Universal Life Insurance (IUL)
What is Indexed Universal Life Insurance (IUL)?
Indexed Universal Life Insurance (IUL) is a powerful financial tool that provides life insurance coverage while also growing cash value tied to a market index like the S&P 500. Unlike traditional savings, your money grows tax-deferred and can be accessed tax-free in retirement.
How Does an IUL Work?
- Premiums: You pay premiums that cover insurance costs and build cash value.
- Market-Linked Growth: Your cash value grows based on stock market performance but is protected from losses.
- Tax-Free Access: Withdraw funds through policy loans without tax penalties.
- Legacy Benefits: Your loved ones receive a tax-free death benefit.
Key Benefits of an IUL
Tax-Free Retirement Income – Unlike 401(k)s or IRAs, you can access IUL funds without paying taxes.
Stock Market Protection – You participate in market growth but never lose money in a downturn.
Flexible Contributions – Increase or decrease premiums as needed.
Policy Loans for Any Need – Borrow against your policy for investments, education, or emergencies.
Leave a Legacy – Your beneficiaries receive a tax-free payout.
Who Should Consider an IUL?
- Business Owners looking for tax-advantaged savings.
- Parents wanting to build wealth for their children’s future.
- High-Income Earners who want to maximize tax-free retirement income.
- Investors looking for an alternative to volatile stock markets.
IUL vs. Whole Life: Which is Better?
- Cash Value Growth: IULs offer market-linked growth with no losses, while whole life provides fixed growth.
- Tax-Free Access: Both policies allow tax-free withdrawals through loans.
- Premium Flexibility: IULs allow premium adjustments; whole life has fixed payments.
- Market Protection: IULs shield against losses, whole life does not participate in market gains.
- Death Benefit: Both policies provide a tax-free payout.
Get Started with an IUL Today!
An IUL is not just life insurance—it’s a wealth-building strategy. If you’re ready to secure your financial future while protecting your family, schedule a free consultation today!