Indexed Universal Life Insurance
life insurance retirement plan

A LIRP Is a Life Insurance Retirement Plan

A LIRP is a life insurance retirement plan that provides you with the tax-free advantages of a Roth IRA without all of the hassles.  As Americans watch the national debt  spiral further out of control, there’s a growing sense of dread.  In fact, as of May 2019, our nation has gone from a budget surplus…
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retirement planning

Six Reasons to use IUL in Retirement Planning

There are several different kinds of life insurance plans on the market. Each type has its own advantages and disadvantages that you should take note of when you’re shopping for coverage. Although only in the marketplace for about twenty years, new policy sales of Indexed Universal Life (IUL) insurance has grown to over $2.1 billion…
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IUL

IUL Insurance Policies | All You Need To Know for 2019

Many of our clients today are looking for ways to use indexed universal life (IUL) as a way to build a tax-free income stream during retirement, save for college, or have cash in hand during an emergency.  So let me dig in and explain some of the advantages and disadvantages of an IUL policy. First…
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Insurancequotes2day

What is Indexed Universal Life? Download our 2019 guide

A Complete Guide to Indexed Universal Life Insurance First offered in 1997 by Transamerica, Indexed Universal Life Insurance (IUL) has seen tremendous growth over the last 20 years. Today there are more than 40 companies that offer indexed universal life insurance and more joining the mix each year. What is Indexed Universal Life? Here is a…
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deferred compensation plans

Deferred Compensation Plans for Business Owners

Whether you own a small, medium, or a large business, in today’s economy finding and keeping the best employees can be difficult. All business owners would like to believe that providing a great work environment where everybody enjoys working should be enough to hire and retain qualified employees that want to grow in your business…
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life insurance trust

Do I need a Life Insurance Trust?

If you’ve ever thought about retirement planning or purchased life insurance from a reputable agent or financial planner, chances are that “Life Insurance Trust” may have been part of the conversation. Although most people set up a trust as part of their estate planning, there are other reasons a trust would be financially beneficial to…
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finance your life insurance premium

Finance Your Life Insurance Premium

Borrowing the money from a third-party lender to pay for a large life insurance policy is becoming more popular as lenders look to capitalize on this segment of business and insurance companies are certainly willing to accept premium financing. The purpose of financing life insurance premiums is pretty straightforward. The applicant wishes to purchase a…
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modified endowment contract

Modified Endowment Contract (MEC) | The Ins and Outs

In the many articles we have provided regarding Indexed Universal Life Insurance, we have on many occasions mentioned modified endowment contracts but have not had an in-depth discussion. In this article, we are going to drill-down into the modified endowment contract (MEC) and discuss the ins and outs so that policyholders will understand whether a…
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should I set up a 7702 plan

Should I Set Up a 7702 Plan?

If you think that your Social Security benefits will be sufficient for you to live on in retirement, think again. And regretfully, even if you are contributing to a 401(k) or IRA, you may feel a little safer but have you considered how your tax liability will impact your retirement nest-egg? The matter gets even…
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