Is IUL Good for Retirement?

Is IUL Good for Retirement?

Indexed universal life insurance (or IUL) can be good for retirement because it protects your savings from stock market crashes. It also has the potential to earn more than a whole life insurance policy. IUL is able to accomplish this slightly higher return potential because it uses index accounts that are linked to the movement …

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Sure We’re All Investors Now

Sure We're All Investors Now

The GameStop Reddit short squeeze shows us that it’s possible for a crowd of retail investors to perpetrate stock market manipulation similar to the allegations levied for years against hedge funds.  It’s yet another example of the volatility stocks can possess that makes little practical sense and turns the capital markets from a funding source …

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How Easy is it to Create a Modified Endowment Contract?

How Easy is it to Create a Modified Endowment Contract?

The Modified Endowment Contract is mostly an unfavorable reclassification of a life insurance contract that strips it from most of the tax preferential features cash value life insurance enjoys. This includes: FIFO distributions Tax-free loans Tax-free collateral assignments There are several subtle but important tax consequences of owning a MEC.  A big and often overlooked …

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