Planning for retirement requires an understanding of Indexed Universal Life (IUL) insurance and annuities, as both offer distinct financial advantages. IUL policies provide life insurance coverage while allowing cash value accumulation based on market index growth, offering tax-free withdrawals. Annuities, on the other hand, are structured to provide guaranteed income during retiremen... https://www.federalpensionadvisors.com/post/iul-vs-annuity