Indexed Universal Life Insurance | GA, NJ, PA, SC | Secure Retirement Strategies

Index Universal Life Insurance

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Build Wealth with Indexed Universal Life Insurance From Secure Retirement Strategies

When it comes to securing your financial future, working with just any retirement planning company won’t do. The success of your financial future depends on the plans and strategies you put into play today. That is why our team of highly experienced financial planning professionals work around the clock to help clients build wealth that can last for generations to come.

At Secure Retirement Strategies, we offer retirement and investment strategies to individuals in the following Pennsylvania and New Jersey areas:

  • Lehigh County, PA
  • Chester County, PA
  • Bucks County, PA
  • Mercer County, NJ
  • Northampton County, NJ
  • Hunterdon County, NJ

Whether you just entered the workforce and are looking to get a head start on building wealth or you’re at retirement age and looking to round out your investment portfolio, we’re here to help you secure a prosperous financial future.

What is Indexed Universal Life Insurance?

Indexed Universal Life Insurance (IUL) is a financial vehicle that is extremely appealing to investors looking to conserve funds for their retirement. It is a form of permanent insurance that allows policyholders to build a cash value that can be used by the policyholder while they are living.  The investment strategies used by this policy to grow cash value provide stock market based returns with no exposure to downside market risk.

How do Taxes Affect Indexed Universal Life Insurance?

An Indexed Universal Life Insurance policy is funded with post-tax dollars, which will allow policyholders to withdraw tax-free funds at any age. Furthermore, if designed correctly, the cash value inside your indexed universal life insurance policy grows tax free and funds can be pulled out as tax-free loans that don’t have to be paid back during your lifetime.

Advantages of Indexed Universal Life Insurance

Indexed Universal Life Insurance appeals to many executives and business owners because of the advantages it provides. One of the main advantages of the IUL is that the cash value is protected from drops in the market. This occurs because an IUL’s investments are not placed directly in the market where they would be subject to a loss. Instead, they are put into a strategy that mirrors an index such as the S&P 500 or the NASDAQ. This allows you to reap all or a portion of the gains in the market. Any gains you receive are then locked in to protect your policy against potential losses.

Unlike IRA’s and 401(k)’s there is no limit on how much money can be placed into your IUL.  You determine what is appropriate for your financial plan.  The more you contribute, the greater benefits you have.

Another advantage of an IUL that is worth mentioning is the fact that there are no restrictions on when you can take money from your IUL. Also, unlike IRA’s and 401(k)’s, the IRS does not require you to start withdrawals at age 70 ½. So, along with a tax free death benefit for heirs, the IUL provides tax-free wealth building and access to tax free cash while you are living. 95% of the death benefit is available tax-free for Long Term Care needs at home or in a facility. 90% of the cash in the policy can be withdrawn by you for any purpose at any time. There is great flexibility in how to utilize your Indexed Universal Life policy while you are living.

How does the Stock Market Affect Indexed Universal Life Insurance?

Generally, when you purchase an IUL your interest return follows an index like the S&P 500 where you get a percentage of that index return each year or you get all of it up to a limit, currently around 12.5%. If the index is negative you are guaranteed not to lose any money. Each year your gains are locked in and cannot be taken back in a negative year. To sum things up, you can make up to 12.5% each year without ever risking any loss. 

Start Building Your Retirement Portfolio Today!

No matter what you envision your financial future to look like, Secure Retirement Strategies is the company you need to help your put retirement plans in motion. We offer a wide range of tax-free income building strategies such as:

If you live in Lehigh County, Bucks County, Chester County, Northampton County, Mercer County, or Hunterdon County and would like help securing a prosperous financial future for you and your family, contact us today!

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