How Does Cash Value Grow in IUL?
You’ve probably heard someone say something like, “Get an IUL—your money grows tax-free and you can access it whenever you want.” Sounds amazing, right? But when you sit down and actually ask how the cash value grows, most people shrug and say, “Something to do with the stock market, I think.” That vague understanding is a problem. Indexed […]
Understanding the Different Types of Annuities: A Friendly Guide for Your Retirement Planning
Planning for retirement is about more than just saving money—it’s about making sure your savings can provide you with reliable income for the rest of your life. That’s where annuities come in. If you’ve heard the term but aren’t sure what it means, or if you’re overwhelmed by the different types, you’re not alone. This […]
Index Universal Life Insurance Cost: What to Expect and How to Plan
Index Universal Life (IUL) insurance is a unique blend of lifelong coverage and investment opportunity. If you’re considering this type of policy, understanding the costs and how to plan for them is crucial. Let’s break down what you can expect when it comes to IUL insurance costs, what factors influence your premiums, and how to […]