IUL vs Roth IRA: The Right Choice For Your Retirement Savings [Video]

Our financial knowledge and dilemmas don’t end with earning money; that’s the starting point. How to spend the money, where to invest, how much to invest, how much to save—it’s a long list. Saving and investments are crucial to financial planning and significant in determining your financial status, especially after retiring. One major confusion people often face is choosing between Roth IRAs vs. IULs. Indexed Universal Life (IUL) serves a dual purpose of having a life insurance policy and investing in the stock market; it pays death benefits to your beneficiary and returns based on index fund performance. Whereas Roth IRAs are a type of retirement income account with a wider scope of investment options than IUL. Which to choose between IULs and Roth IRAs depends on your goals and needs. This article explains both in detail, comparing IULs Vs. Roth IRAs to help you decide which one suits you the best.

Indexed Universal Life (IUL)

An Indexed …