Banking

What is a Max Funded IUL?  Indexed Universal Life Insurance (IUL) is a versatile financial tool that combines life insurance coverage with the potential for cash value growth linked to a stock market index. Among the different strategies for utilizing an IUL, a "Max Funded IUL" is one of the most powerful approaches for those seeking to maximize cash value…

Comparing the Benefits of an IUL vs. a 401(k)  When it comes to planning for retirement, most people are familiar with traditional options like 401(k) plans and other qualified retirement accounts. However, another lesser-known but potentially powerful tool for retirement planning is Indexed Universal Life Insurance (IUL). Each of these options—401(k)s and IULs—has its own unique advantages, but how do…