Use our IUL Calculator below to estimate how much tax-free income your IUL can generate in retirement.
Why is it a good idea to use an IUL policy to help with your current financial retirement strategy?
Reason 1: Your income from a 401k or IRA is fully taxable. The income from an IUL is tax-free.
Reason 2: There is no IRS penalty for taking money from your IUL if done properly. If you take money out of your 401k or IRA before you are 59 1/2, you pay a 10% IRS penalty.
Reason 3: The cash value in your IUL policy can be used as soon as year 1 to finance purchases like automobiles, real estate or used for college tuition for the kids.
Doesn’t it make sense to protect some of your retirement savings from stock market losses and taxes? More and more American consumers are discovering how an IUL policy can help you grow your wealth without the risk of the stock market.
More than half the population has a taxable 401(k) or “contribution-limited” Roth IRA. An IUL policy is a great way to build a tax-free layer of retirement income.
Use our TFRA calculator below to see how much you need to contribute to create a tax free retirement income cash flow.
Just adjust your age and enter your desired contribution amount to see your approximate cash value, death benefit and tax-free income. When you are done, complete our survey to see if you qualify.
With a Fully Taxed 401(k):
- You pay taxes on growth (the minute you withdraw)
- Your growth & principal is not guaranteed (most 401(k)s rise & fall in lockstep, with the market)
- Your money is not liquid (early withdrawals are penalized up to 10%)
With a Fully Taxed 401(k):
- You don't pay taxes on growth, but...
- You can only deposit $7.000 /yr
- Growth & principal isn’t guaranteed - like most 401(k)s
- Your money is not liquid (same 10% early withdrawal penalty)
With a Tax-Free IUL Policy:
- You never pay taxes on growth, Ever. (This is 100% legal if your IUL is set up to be compliant with current IRS tax-code.)
- You can deposit as much as you want. (No contribution limits - every cent in grows tax-free)
- You never report income to the IRS, Ever. (The IRS doesn’t classify “income” as “income” inside this kind of account)
- Your interest rate can be guaranteed. (Your money grows at the same yearly rate as when you opened your account— even if the market crashes)
- Your money can be liquid. (Your account growth and value— can be accessed in any amount—at any time—without penalty)
Is It “Too Good To Be True,” You Ask?
Nope. It’s very real.
In fact, an Account like an IUL is not a new investment strategy.
Accounts like these have been used by wealthy individuals and families for over 100 years to build, then pass on fortunes in a legally tax-free environment.
President John F. Kennedy had an account like this.
So did Presidents Taft, Cleveland, McKinley, Harding, and FDR (FDR, in fact, held a large portion of his estate—$562,142 or over $7 million in today’s dollars—inside his account…)
Even John McCain used his account to fund his electoral campaign back in ’08.
The only question is…
Do You Qualify For An IUL Account?
An IUL account is NOT available just to the super-rich…
However: an account like this can only be technically set up if you or your family qualify for it.
To discover if you qualify for a IUL, and build out an IUL illustration that will show your cash value accumulation and tax-free distributions, complete our survey: