Life Insurance

To learn more about how life insurance can help you and your family in retirement, we encourage you to get in touch with our team today.

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Life Insurance in Retirement

You’ve worked hard to save up money for retirement. But, how do you protect it to keep yourself financially stable? We can help you with advice on how to do just that. What’s more, believe it or not, life insurance in retirement might be one option for you. Get in contact with us to learn more.

Life Insurance in Retirement?

You probably have a basic understanding of what life insurance is used for. It pays a death benefit to your loved ones in order to provide for them once you pass away. But, it can be used for more than just protecting your beneficiaries after you’re gone.

An indexed universal life (IUL) insurance policy can be used as a source of tax-free* income, and a way to keep your money safe. Considering an IUL in retirement? Reach out to us for more information.

benefits of Using an IUL in Retirement

When it comes to retirement, everyone’s situation, needs, goals, et cetera, are unique. No option is “one size fits all,” everyone requires a slightly different strategy. However, there are some goals that the majority of people have in common.

One benefit of an IUL is that it comes with different rules than most traditional retirement accounts. There is no contribution limit on an IUL. Additionally, it has different tax rules and required minimum distributions won’t apply. So, you may consider moving money from your IRA or 401(k) into an IUL instead if it’s possible to do so.

Benefits of an IUL in retirement include:

Benefits of an IUL in retirement include:

Reasonable Rate of Return**

Meanwhile, legacy benefits (benefits relevant to your heirs) include:
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