Summerlin Benefits Consulting Q&AAnswer
Nov 05, 2024 - 09:33 AM
Life insurance, particularly Fixed Indexed Universal Life Insurance (FIUL), can offer tax-free retirement income by allowing access to accumulated cash without taxes. FIUL policies tie returns to stock market indexes with principal protection, shielding cash from market volatility while growing tax-free. This makes it a powerful tool to counter potential future tax increases, providing income for retirement and leaving tax-advantaged benefits for beneficiaries.
