Did you know the average American pays over $500,000 in taxes during their lifetime? An Indexed Universal Life policy is often considered one of the most tax-efficient tools for cash accumulation, distribution via loans, and transferring wealth in the form of a death benefit. The cash value paid into a policy with premiums can be withdrawn, loaned out, or taken as a participating index loan. But which method allows the account balance to continue growing, uninterrupted?
In this episode of Money Script Monday, Adam uncovers the hidden accelerator that makes an IUL one of the best wealth accumulation and distribution vehicles available.
Resources Provided for This Episode
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