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Accumulation of retirement assets is half the process.
By starting your journey now, you'll be leveraging the power of compound interest providing the wealth-building advantages of exponential growth. Financial security begins with wealth creation. Let us show you how.
While the stock market presents wealth-building advantages, it also poses the risk of wealth depletion. Safeguard your wealth accumulation by employing the secure financial instrument favored by both banks and the affluent 1% -- harness the power and financial security of Indexed Universal Life (IUL). Reach out to us and we'll give you all the details so you can make an informed decision.
Don't allow hidden IRA plan fees and market uncertainties to diminish the nest egg you've started for your retirement; ensure the preservation of your financial security by employing the advantages of Indexed Universal Life. Ask us how!
The world of finances can be very intimidating! Allow us to assist you in skillfully navigating the intricate path of wealth accumulation and financial security, so you can confidently sidestep the pitfalls that arise.
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No, it many respects, it's better -- investments are generally subject to taxation. Structured properly, a policy's cash value will grow like an investment but can provide a tax-free living benefit. Therefore, including Cash Value Life Insurance, such as an IUL, in your wealth-building strategy is a wise move. U.S. banks allocate over $200 billion to life insurance, recognizing it as a tier one asset that combines growth opportunities with protection from market downturns.
IUL stands for Indexed Universal Life Insurance. It is a type of permanent life insurance that offers a death benefit to beneficiaries upon the policyholder's death, along with a cash value component that is designed to grow over time.
The Cash Accumulation Value accumulates over time based on the performance of one or more financial indexes, such as the S&P 500. The cash value has the potential to grow tax-deferred and can be borrowed against.
While IUL performance is linked to the stock market, policyholders do not directly invest in the market. Instead, their returns are based on the index performance. Even in years when the chosen index performs poorly, IUL policies can come with a guaranteed minimum interest rate, ensuring that the cash value does not decrease -- even in a down market.
Policyholders may have the option to take out loans against the cash value or make withdrawals, providing a degree of liquidity during their lifetime.
The cash value growth is tax-deferred, meaning policyholders do not pay taxes on the gains until they make a withdrawal. Policy loans may be taken in retirement years as a part of a tax-free income strategy. (Consult your tax professional).
IUL policies typically offer flexibility in premium payments and death benefit amounts, allowing policyholders to adjust their coverage and contributions based on their financial circumstances.
We're here to help -- for a free, no-obligation consultation, fill out the form with any questions you have about building financial security and we'll help you find the wealth-building advantages that will benefit you and your loved ones for generations to come.
602-373-3388 greg.parsons@heritage-prosperity.com grant.parsons@heritage-prosperity.com
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