IULPolicyHasNoMaximumAnnual ContributionLimitsForBusiness Owners
Asasmallbusinessowner,youhaveaplethora ofoptionswhenitcomestosavingfor retirement
Traditionalretirementplans andIRAsarethemost popularmechanismsfor makingtax-deferred contributionstowards retirement;
However,youwill eventuallyhavetopaythe taxmanonceyoustart withdrawingmoneyfrom youraccountduringyour goldenyears.
Withanindexeduniversallife insurance(IUL)policy,youcan accessyourcashvaluetax-free atanyage,creatingasecond sourceofnon-taxableretirement income.
Thisisjustoneofthe manybenefitsthatIUL policiesprovideto businessowners.
