IUL Pros and Cons

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Index Universal Life or IUL is not for everyone. First of all, it takes 12-15 years for one to build up a reasonable cash value, so it’s not recommended for people 65 years of age or older and is best for say 35-55. If you want detailed information on IULs, please watch my video below on Index Universal Life Insurance. If you are considering an IUL, you should understand what the pros and cons are.
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Опубликовано:

29 сен 2024

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Комментарии : 256

@MrALLI36 6 месяцев назад

You are phenomenal with your knowledge base and delivery of this information . I would be honored to attend a meet and greet with you, and take a class taught by you . God bless you. Seriously.

@WealthProtectionLady 6 месяцев назад

Awww.... thank you so much! You made my day!

@kenbrown6787 2 месяца назад

@@WealthProtectionLadyI have an IUL I would love to have you look at it

@nancikoski 6 месяцев назад

This is a great explanation of an IUL!

@joseosorto9397 Год назад

I'm an broker/agent myself and this helped me out alot. I have plenty of insurance options for folks but it's hard knowing what is the best option sometimes. For clients who ask about these, I'll have a better way of explaining the pros and cons. Thanks!

@JocobsComments 6 месяцев назад

If they are conservative, go with while life. Never go wrong with guaranteed interest.

@JustinSeara Месяц назад

How are you an agent and don’t already know this? Scary.

@elvintorres3599 Год назад

She did a great job at explaining IUL's. simple and efficient

@EmmanuelOgundipe 3 месяца назад

I really love the pace at which you teach. This is awesome! I hope you will be able to do a video on the impact of CVAT and when it should be used when developing your policy. Thanks

@jbs909 4 месяца назад

Thank you for laying out the facts without getting all hyped up. I can trust this information

@HeavenlyAngels85 Год назад

Hello, Is get 50,000 IUL POLICY PAYING 30 DOLLAS MONTH A GOOD IDEA? CAN I DEPOSIT 5, 000 INTO THE POLICY THREE MONTH IN? sorry for all cap😊😊

@WealthProtectionLady Год назад

Based on your $30 per month premium, your illustration would give you a Modified Endowment Contract limit. Depending on your age, you may not be able to contribute an extra $5,000.

@maximillianjansen5371 Месяц назад

I appreciate the lack of Clickbait nature to this video. I feel like the user presents the facts and keeps it relatively simple and I thank her for it!!

@vancecrayton9502 9 месяцев назад

Thank you I would love to learn more about IUL , Do you have any other contact number that we can talk Thanks I Appreciate it.

@WealthProtectionLady 9 месяцев назад

I would recommend you learn as much as you can from other RU-vidrs and books. Because my calendar is always booked weeks in advance, I am only meeting with people who have gone down that rabbit hole and pretty much know what they need to know about how IULs work. It takes a few months. You should get a couple of illustrations from other agents too. Reach back out to me once you feel confident in your knowledge.

@bklynbatallday104 7 месяцев назад

Well it sounds like fee's are the con here just how does someone fine a company with resemable fees

@WealthProtectionLady 7 месяцев назад

The Securian BGA II IUL I sell is the lowest cost in the industry partly because they begin reimbursing you for your expenses in year 11. National Life Group, John Hancock, North American and Allianz are expensive products.

@georgesilver875 6 месяцев назад

Been trying to fill out the application is not going through.

@WealthProtectionLady 5 месяцев назад

Maybe clear your browsing data and/or cookies. Nobody has complained about this before. If it still won't go through, email me with your basic information --state of residency, annual income, health, etc... sue@wealthprotectionlady.com

@jaunt3603 Месяц назад

What happens if the insurance company folds?

@WealthProtectionLady Месяц назад

First, cash value life insurance if not FDIC insured, but life insurance companies are required to keep a dollar for dollar reserve so in case they needed to pay out every claim today, they would be able to. Banks, on the other hand are only required to keep 10%. During the Great Recession, only one life insurance company failed but 465 banks failed. In the event of a life insurance company failing, the state's Guaranty Association would take action. The association may try to rehabilitate the company first, but if that doesn't work, the company may go into bankruptcy. The company's assets will then be liquidated to pay any outstanding claims or to repay the state guaranty association. The association would transfer the insurer's policies to another insurance company so that customers can have uninterrupted coverage and that coverage would have to be the same as from the failed company.

@fredfoster3345 6 месяцев назад

How can I set up a account through Kai-Zen and how can you explain a example

@WealthProtectionLady 6 месяцев назад

I don’t sell much Kai-Zen for two reasons: the lowest annual premium is around $21,000 and you do not have access to your money for 15 years. If you would like to talk more about Kai-Zen and/or if you are interested in a “regular” IUL, complete the questionnaire through the following link, and we’ll find a time on my calendar. I would recommend you watch my video IUL on Steroids. application.wealthprotectionlady.com/

@theonesandwich8706 8 месяцев назад

When you say “take retirement income” do you mean to say, take a loan in that amount?

@WealthProtectionLady 7 месяцев назад

Yes. Whenever you access your money, you will always take it in the form of a loan. That way, it will always be tax free.

@parthivc6353 2 года назад

Has anyone here bought IUL life insurance? If yes, can you please share: 1. Which Carrier? 2. How many years in the policy currently? 3. How is the Cash Growth compared to the illustration at year 0? 4. Is it recommended for Tax-Free Cash Value growth - Yes / No? Thanks.

@xyz4484604 2 года назад

I heard Allianz has the best language

@graceamponsah8108 2 года назад

I can help you with IUL from Transamerica or Pacific life. Am a licensed agent

@snow40741 Год назад

If you are single 56, no kids, no spouse...should you get this policy?

@WealthProtectionLady Год назад

Absolutely! An IUL is not about the death benefit so we want that to be the lowest it can be.

@snow40741 Год назад

@@WealthProtectionLady What is an example of the lowest and the benefit for me?

@Sudesh-n8l 8 месяцев назад

Is there a surrender value on the policy?

@WealthProtectionLady 8 месяцев назад

There is a surrender period for all IULs of at least 10 years

@richardcaridi1982 3 месяца назад

Pretty good information but this needs a few corrections. 1st, you said that if a person takes out too much money they will be taxed. That is true but most companies have rider called "The Over loan Protection rider" which tells the company not to exceed a certain amount so it prevents that from happening. The next correction is that you said if interest rates drop it could hurt the plan. The performance of the plan is NOT based on interest rates but the index the plan follows. If it is set to follow the S&P 500 & interest drop it could be good because lower interest rates are good for the stock market because investors think "why should I take 3% in the bond market when the market is running & I might be able to make 10% in stocks." 3rd. It doesn't necessarily take 12 -15 years to see a return. I've seen plans provide a significant amount in 8-9 years. Also, depending on the age of the client a higher death benefit may help the client because those living benefits are based are based on the death benefit. The higher the death benefit the higher the living benefits.

@noelwhyte9834 Год назад

So many scammy, untrustworthy peoole out there. Also the conflicting information i run into when researching financial literacy is exhausting. Why are there so many people outputting misleading information. It almost seem intensional 😮‍💨

@WealthProtectionLady Год назад

It's all about money! Most financial "professionals" are only out to make a sale. Anything to make a sale even if they are misleading people. I put out a new video a week ago called Evaluating IUL Illustrations to hopefully help people to see through the deceptive sales practices.

@yazminalcantaracastillo5781 24 дня назад

I love your videos. You thoroughly and understandably explain everything so well. Thank you so much.

@harrisongibbse7663 7 дней назад

Moore Edward Smith Cynthia Lee Elizabeth

@redtops5160 2 года назад

Good video, gives detail on the IUL product. How the IUL is constructed by your Life insurance agent is up to the agent. How do you know if the agent is working in your best interest vs. padding his generous commission ? That is a bridge too far for me. I'll stick with my portfolio of dividend paying stocks many of which increase their dividend every year. My heirs will get a stepped up cost basis on the stock positions. And at my age, early 60s the life insurance cost will go up every year. And that will eat into the cash value. I'm too old for an IUL.

@oliviaedralin1436 5 месяцев назад

Thank you so much for explaining it in a lay man manner !

@S.A.1 Год назад

Why make life so complicated in understanding a product that may or may not work for you…. I would rather go with index investing and Roth conversions.

@gfj7736 3 года назад

Thank you so much for sharing your wisdom this was prefect to understand pros and cons. How would go about finding the right agent or Insurance company to commit to. Thanks again

@suecunningham7324 3 года назад

If you would like me to prepare a preliminary IUL for you, please complete this application and I'll get back to you within 2 business days. This way you can decide whether or not this is something you want to move forward with. APPLY TO GET A PRELIMINARY IUL ILLUSTRATION: form.typeform.com/to/SNfW1IBA

@OnuwaUgwuanyi 2 месяца назад

How would I know whether or not my agent designed my policy properly? And if I realized that the agent did not design the policy properly, is there anything I can do to make the changes? Thanks in view of your response!

@WealthProtectionLady Месяц назад

Watch my video Evaluating IUL Illustrations ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-QVAD79cdP5I.html. If your policy is not structured properly, you can call the carrier and have them lower the death benefit as much as they can, but they will probably only allow you to lower it 20-25% per year. You can also switch indexes. I would recommend a volatility control index that is preferably rebalanced daily with a high participation rate that is preferably guaranteed at 100%.

@rossderek82 3 месяца назад

What happens to the cash value you earned when you die?

@WealthProtectionLady 3 месяца назад

When you pass away, your beneficiary will receive the cash value and death benefit minus any outstanding loans.

@astroman30 3 месяца назад

@@WealthProtectionLady That's not true at all. Plan B offers a raised death benefit. But at no time, do the beneficiaries receive both the DB and CV. How dare you spread this lie. I defy you to name the carrier you're promoting so I can email them your comments.

@WealthProtectionLady 3 месяца назад

@@astroman30When you are on the increasing death benefit option, the beneficiary would receive the death benefit which is the cash value plus the initial death benefit minus any outstanding loans. When you are on the level death benefit option, the beneficiary would receive the death benefit minus any outstanding loans.

@astroman30 3 месяца назад

@@WealthProtectionLady That is completely false. At no time does the CV get paid out unless the policy is cancelled. Name your carrier, please.

@astroman30 2 года назад

IULs are garbage with their high fees/commissions and capped gains

@WealthProtectionLady 2 года назад

There are only high fees when an agent structures it for more than the lowest death benefit the IRS will allow; otherwise, if structured properly and with the right product, the fees are minimal. With the product I sell, they have the lowest fees in the industry for the first 10 years and the lowest overall because beginning in year 11, they begin to reimburse you for not only that year's expenses but eventually the first 10 years of expenses.

@astroman30 2 года назад

@@WealthProtectionLady you mentioned before that companies sell this garbage without any caps. I’m still waiting for you to post the company. Also, the fees are EXTREMELY high not matter if it’s “properly structured.” I hate that life insurance 102 phrase

@HeavenlyAngels85 Год назад

What would be a good structure to look for from agents if he giving me a good deal or just getting Paid himself?

@WealthProtectionLady Год назад

I just put out a new video on Friday called Evaluating IUL Illustrations. Here is a link: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-QVAD79cdP5I.html&ab_channel=WealthProtectionLady

@DussoJr 2 месяца назад

Great video and explanation. Thank you.

@40rcwells 8 месяцев назад

Excellent run down. Really appreciate your insights!

@Raymondc_19 Год назад

I’m 30what computer would you recommend to buy this. Policy and which agent or broker will be the ideal one?

@WealthProtectionLady Год назад

You can complete this questionnaire so we can find a time to talk. application.wealthprotectionlady.com/

@xaviercrandell9234 11 месяцев назад

Do you design the IUL or you work with specific companies and agents ??

@WealthProtectionLady 11 месяцев назад

The IUL I sell and design is Securian's BGAII with the 3-year S&P PRISM index because it is the #1 Best Performing Index in the industry with an average annual return since its inception in 2018 of 17.04%. It has two participation rates (115% + 320%) and both are guaranteed at 100%.

@HeavenlyAngels85 Год назад

How long does it take to structure good policies? Day , few minutes???

@WealthProtectionLady Год назад

It takes 5 minutes max.

@perryd43 2 года назад

Thank you for the info neighbor

@DanielRodriguez-kc5ow Год назад

My son is graduating from high school, can he get an iul or would the monthly cost be too much for a minimum wage employee?

@WealthProtectionLady Год назад

Hi, Daniel! There are no age restrictions for an IUL. IULs are a better choice than a 529 plan where you can lose money.

@yadirose6514 Год назад

I just found your channel and I think that you are Fantastic!!! Do you have a Master Class? I would Love to take it 🙏🙂

@WealthProtectionLady Год назад

My master class is old. I should do a new one.

@choosey87 Год назад

New subscriber !

@maricris889 3 года назад

I applied for IUL but was not qualified because I didn't pass the medical exam. Is there other ways I can still apply without going through a medical exam?

@WealthProtectionLady 3 года назад

I am so sorry! I can completely understand your situation and how disappointed you must be. Did you get any message like you could re-apply in 90 days? Unfortunately, life insurance is all about risk, so they avoid taking risks on health issues. You are welcome to schedule a time to talk with me. You could consider an annuity if you are looking for a safe place to grow your money. Here is a link to my calendar: calendly.com/suecunningham-1/60min

@gadgetgrader Год назад

Would it be beneficial to put in a large lump sum upfront into an IUL?

@WealthProtectionLady Год назад

You can do that but I don't necessarily recommend it. If you put down a large lump sum, you would have to divide that up into between 3-11 years. Your first year's premium would be paid and the rest of that money would sit in a Premium Deposit Account earning 5% interest. Every year's premium would be paid. The problem is you don't have access to the funds in the premium deposit account and I bet you could find a better place to put that money that would earn more than 5% interest -- probably realestate.

@sharons.6529 Год назад

Can you help set one up without that company. They want 100,000

@WealthProtectionLady Год назад

Hi, Sharon! If you are interested in an IUL through me, you can complete this questionnaire and we can find a time to talk: application.wealthprotectionlady.com/

@trescouture2829 Год назад

How do we know if we will qualify for Insurance or not (medically speaking)?

@WealthProtectionLady Год назад

If you have medical issues, we may not know until you go through underwriting.

@kevinarellanes6260 Год назад

Would u recommend this with someone making less then 40k a yr ?

@WealthProtectionLady Год назад

Yes! Absolutely!

@homekwetu Год назад

Just wondering, If I finally read the fine print and find out fees are high but still want my policy what can I do? Can I also restructure?

@WealthProtectionLady Год назад

If you realize your IUL was not structured properly for the lowest death benefit the IRS will allow, and you're paying fees on a death benefit that is too high, you can call the carrier and request to have your initial death benefit lowered. Chances are they will only allow you to lower it 25% per year.

@tullumerechi281 2 года назад

Why not advised for people below 35? You stated it takes about 15 years to make significant returns, isn’t then better to join at early age and earn more returns for longer years?

@WealthProtectionLady 2 года назад

IULs are great for any age except for those over the age of 65 because life insurance gets more expensive the older you get. Most of my clients are families -- mom, dad and the kids.

@pago6849 2 года назад

Did you say on the set up of a IUL should be in a way that its for the lowest minimum death benefit available? purpose is to save on any fees or taxes? sorry trying to understand that part?

@WealthProtectionLady 2 года назад

Yes. The way I structure IULs is for the maximum cash accumulation for you, the lowest commission for me and that is based on the lowest death benefit the IRS will allow. The reason is that you pay fees based on the death benefit, so we want it the lowest it can possibly be. If you need more life insurance, I can always quote you term insurance.

@EChung87 3 года назад

great video, thanks so much for the info

@WealthProtectionLady 3 года назад

Thank you, Eric!

@ComplexLifeSimpleRules 8 месяцев назад

Thanks for the video - How to reduce the fees?

@WealthProtectionLady 8 месяцев назад

You always want the lowest death benefit the IRS will allow. That way your maximizing cash accumulation and the agent receives the lowest commission thus reducing fees.

@mundie33 2 года назад

Tbh I don’t see any reason to fund a 529 vs this. Open the IUL as soon as the baby is born

@WealthProtectionLady 2 года назад

My kids had 529 accounts and lost a good portion of it during 2008 Great Recession. You would never lose money in an IUL.

@elmicheladas323 2 года назад

should I borrow from my cash value or just make a partial withdrawal ?

@WealthProtectionLady 2 года назад

Always borrow so you get your money tax-free. If you withdraw, you'll have to pay taxes on the gains.

@thubert565 Год назад

How can one get in touch with you for a consultation ?

@WealthProtectionLady Год назад

Go to the following link: application.wealthprotectionlady.com/

@anizedergham5389 2 года назад

Please give specifics on what the agent needs to put in a policy to make it better for me the consumer

@WealthProtectionLady 2 года назад

The agent needs to structure the policy for the LOWEST death benefit the IRS will allow. That means the agent will get the LOWEST commission as well. That will maximize YOUR cash accumulation.

@Kentuckybrothershooting 3 дня назад

In the bare minimum it’s just a whole life policy linked to an index and has living benefits sometimes it’s cheaper than a regular final expense

@olgasaenz7430 2 года назад

Thank you for sharing your knowledge. I’m just getting started with a consulting company to sell these

@WealthProtectionLady 2 года назад

Good luck, Olga!

@owengaupe8623 Год назад

Thanks for the explanation! You a very good at your job!

@WealthProtectionLady Год назад

I appreciate that!

@dayaniraferrer3304 Год назад

He visto sus tutoriales y son muy educativos, aunque me gustaria saber si las personas que tiene un income bajo no tienen éstas mismas posibilidades de IUL Gracias

@WealthProtectionLady Год назад

Los bajos ingresos están bien.

@shuuuGT 3 года назад

Interesting I've never heard about this concept before. I've only been doing index funds.

@redtops5160 2 года назад

You are better off doing index funds.

@didijue6710 Год назад

This is very helpful!

@johnattaway6741 3 года назад

Thank you 4 this valuable information, good stuff !!!

@WealthProtectionLady 3 года назад

Thank you, John!

@Istatwaar 2 года назад

Thank you

@AskMinhWin 2 года назад

love the honesty i am 41 i am trying to retire and live on dividends by 60, so I wont accumulate wealth quick enough

@WealthProtectionLady 2 года назад

If you are interested in an IUL illustration, Minh, here is a link to the application to talk with me. .form.typeform.com/to/SNfW1IBA. Also, watch this video to learn more about the IUL I offer. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-zB5f0XsClR4.html&ab_channel=WealthProtectionLady

@redtops5160 2 года назад

Buy dividend paying stock, reinvest dividends. Not through an IUL product.

@gullah_babyyy 8 месяцев назад

Awesome video!

@willc4508 3 года назад

I've had a IUL for 5 years When should I switch from Option B to Option A?

@WealthProtectionLady 3 года назад

Hi, Will! It really depends on the performance of your policy, your overall goals and if you are at a point where you are ready to take income. The catch is that you can go from option B to option A, but not from option A to option B (most carriers). So, switching the death benefit to option A is actually a point of no return. My advice is to call your life insurance agent and schedule an annual review, since I am not familiar with your policy. Thank you for your comment!

@hcrystalh 3 года назад

Typically you switch when you start taking income in retirement age. Some policies only let you switch once during the life of the policy so just make sure you want to do it at the time you switch.

@terrelloliver9760 Год назад

What are your thoughts on buy term and invest the difference?

@WealthProtectionLady Год назад

Watch my video "IUL on Steroids." You always want the lowest death benefit the IRS will allow because an IUL is not about the death benefit. It's about maximizing your cash accumulation. If we didn't have to have the death benefit, we wouldn't, but it's the only way to get benefits that seem too good to be true. The participation rate has increased with the product I offer, so now, you would be credited 265% of any gain in an index that has an average annual return of 17.95%.

@terrelloliver9760 Год назад

what product do you use that's getting 18% on IUL's?@@WealthProtectionLady

@stephenmurphy6650 2 года назад

Thank you

@darnelclapp9737 Год назад

Can one over 65 open an IUL?

@WealthProtectionLady Год назад

I don't necessarily recommend an IUL for those over 65 but it depends on what you are looking accomplish. If it is saving for retirement and you want to retire in 5 years, you would need to contribute quite a bit to make it worth while.

@rickpratt5115 2 года назад

Thank You

@derekdemarco28 3 года назад

Great video on IUL's! I will be watching more of your videos in the future!

@WealthProtectionLady 3 года назад

Thank you!

@nickolejohnson6522 2 года назад

Thank you for this information.

@WealthProtectionLady 2 года назад

You are welcome, Nickole!

@sylviamoody3808 Год назад

😊

@TheWanderer1111 2 года назад

Atm I've been looking at all different types of storage for the money I have in my savings account so it doesn't just sit there. I've looked at offshore banks accounts, IRA, ULA, ect places where I can earn high interest and lower tax possible tax free can you help. I already invest 90% of my money just the 10% is just sitting there earn nothing with its low low interest.

@WealthProtectionLady 2 года назад

Watch these videos to get a good understanding of how IULs work: IUL for Dummies: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-SY2WlAiwPK8.html&ab_channel=WealthProtectionLady Properly Structured IUL: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-Z_-WwU8uJ0Q.html&ab_channel=WealthProtectionLady Life Insurance Loans: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-eLiFSM1yaN8.html&ab_channel=WealthProtectionLady IUL on Steroids: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-oZC1gXVS3TM.html&ab_channel=WealthProtectionLady

@veenareddy4792 3 года назад

Very helpful, thank you.

@WealthProtectionLady 3 года назад

You are welcome, Veena!

@strongmindtransportllc 2 года назад

Good day ma’am and thank you for the wonderful information. I’m 33 years. Owner operator/. Truck driver What the best policy to get to retire in 5-10 years And take the funds and Start investing it into real estate in 3-5 years from now ?? Any suggestions please and thank you. Single no kids no bills. Live in the truck. Goal to retire my parents in 10 years or sooner..

@WealthProtectionLady 2 года назад

A lot of real estate investors love the positive arbitrage of taking Index/Participating loans in an IUL where you earn interest on the money you loaned yourself. You should watch my IUL on Steroids and Life Insurance Loans videos. In order to retire in 5 years, you'd have to put a lot of money into an IUL. IUls also need to be funded for at least 7 years.

@Alan-wl5de 2 года назад

thank you so much

@WealthProtectionLady 2 года назад

You're welcome!

@PrivateMuseumTours 2 года назад

Sue thank you for sharing. However, I see that IUL is not available in NYC. Is this correct? How do I go about signing up for those of us in the NY area?

@WealthProtectionLady 2 года назад

Unfortunately, because insurance is state regulated, the IUL I sell is not available in New York. I wouldn't even know who to refer you to.

@CLItoughtrigal 3 года назад

Great video

@WealthProtectionLady 3 года назад

Thank you. I'm glad you liked it!

@noizenod 2 года назад

I'm 33 and have some money I want to grow for my children and I think this information is AMAZING and so helpful!! Thank you!!

@WealthProtectionLady 2 года назад

You are so welcome!

@eddiechristmas7695 3 года назад

I have questions about currency that I may be getting can I put that in my iul for retirement

@WealthProtectionLady 3 года назад

If you are referring to living in a foreign country, it's difficult with an IUL.

@eddiechristmas7695 3 года назад

How do I find the best insurance company for the iul

@WealthProtectionLady 3 года назад

If you are interested in an IUL, complete this application. I have access to an uncapped IUL with a 2% floor through Minnesota Life. form.typeform.com/to/SNfW1IBA

@veronicamonarrez2864 2 года назад

What is a surrender charge? and how much does the insurance charge you for it?

@WealthProtectionLady 2 года назад

When you purchase an IUL, you are signing a contract saying you understand you are in this for 10 years and if you want to get out of your contract before the 10 years is up, you will pay a surrender charge. You wouldn't want to get out of your policy before 10 years unless you got stuck with a policy that was structured for the agent to get a big commission. The surrender charge depends on your premium amount and your age, health, gender.

@brothersadrian2835 2 года назад

I wanna learn more

@rahulchakravarty1429 Год назад

Thankyou for the easy explanation though I still have no clue on how to go about it…I have a few basic questions though - 1) I have a 401k with my employer can choose not to continue with that and go for an IUL 2) Can have both does that hurt? I mean know I will have less in hand as I will need to invest in 2 places 3)If I chose to go with IUL and say transfer my existing 401k fund to IUL does that have any added benefit like less fees etc…does that give me any kind of boost/headstart in the 10-15yrs of period you mentioned it takes for the IUL to have any substantial funds?

@WealthProtectionLady Год назад

Hi, Rahul! You can have both a 401k and IUL. You cannot fund an IUL with a 401k. An IUL can only be funded with money you've already paid taxes on. For the most part, fees on a 401k are very high vs. that of an IUL but not all IULs are created equal. Some have very high fees. Watch my video IUL on Steroids.

@rahulchakravarty1429 Год назад

Thankyou for your reply, If I were wish to open an IUL how to go about it and do you provide/facilitate the process if yes let me know the next steps. Full disclosure - I do plan to open one for sure but starting March-April next year

@mikejones-ej7ps 2 года назад

Can you help me set up up an IUL. I live in California

@WealthProtectionLady 2 года назад

Yes. Complete this questionnaire: application.wealthprotectionlady.com/

@timkoskovics6153 2 года назад

Great information, new to this How do I reach you

@WealthProtectionLady 2 года назад

Complete the following questionnaire: application.wealthprotectionlady.com/

@YesToTech 3 года назад

This is insanely helpful! Thanks so much for sharing these pros and cons! :)

@ramonbarajas2258 Год назад

I got offered this today seem to good to be true because they did not tell me the cons

@WealthProtectionLady Год назад

So many agents also don't show you the cost report laying out the charges you pay for the IUL. It's all about the index and how the index performs and what it guarantees, but the fees can eat your policy alive, so you have to be very careful to read everything.

@vincentharrison3314 2 года назад

Why can’t I put a policy on a newborn baby

@WealthProtectionLady 2 года назад

You can but it would be expensive because new borns are a risk to the insurance company. Best to wait until the child is a little older.

@Son1UPTu 2 года назад

I want to open a IUL but I’m unsure if it right for me

@WealthProtectionLady 2 года назад

Watch these videos to help you make up your mind: IUL for Dummies: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-SY2WlAiwPK8.html&ab_channel=WealthProtectionLady Properly Structured IUL: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-Z_-WwU8uJ0Q.html&ab_channel=WealthProtectionLady Life Insurance Loans: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-eLiFSM1yaN8.html&ab_channel=WealthProtectionLady IUL on Steroids: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-oZC1gXVS3TM.html&ab_channel=WealthProtectionLady

@feebeverly7145 2 года назад

How do find a good person to structure

@WealthProtectionLady 2 года назад

If you would like me to structure an IUL for you, you would first need to watch my videos on Properly Structured IUL, Life Insurance Loans and IUL on steroids. Then you can complete this form to talk with me: application.wealthprotectionlady.com/

@emilwoodsIII1970 2 года назад

What company can I set up a account with

@WealthProtectionLady 2 года назад

If you are interested in an IUL, complete this questionnaire and we can find a time to talk. application.wealthprotectionlady.com/

@trujourney 2 года назад

Great video. It’s all about how you structure the policy.

@kunalamin8 2 года назад

Very nice video. Do you have any video or more information about fees? Thanks

@WealthProtectionLady 2 года назад

Hi, Kunal! I don't have a video on fees, but IULs are front-loaded with fees for the first 10 years. With the IUL I sell, watch IUL on Steroids, they reimburse you for your fees starting in year 11.

@kunalamin8 2 года назад

@@WealthProtectionLady Thank you for reply.

@brothersadrian2835 2 года назад

How i can sign up for iul program

@WealthProtectionLady 2 года назад

If would like to schedule a time to speak with me, complete this application: form.typeform.com/to/SNfW1IBA

@vinhtran4727 3 года назад

Hi, I think your information is very helpful. I would like to know more about Kaizen. Are you able to help? how much do I have to contribute per year for the first five years, and do I have to continue contribute after the five? Thanks

@WealthProtectionLady 3 года назад

Hi, Vinh! The least amount you can contribute is $21,350 annually. After 5 years, you are done with contributions. You can start another Kai-Zen plan after that if you like. If you are interested in learning more, here is a link to my application. form.typeform.com/to/SNfW1IBA

@mlee9049 3 года назад

@@WealthProtectionLady Hi, I recently found your channel. Where can I learn more about the 5 year Kaizen plan mentioned here? Thank you!

@067fanshorts2 Год назад

Great educational video I totally agree with you that atmost care needs to be taken while designing the policy. I am an IUL producer too can you pls clarify below ? Money taken out from IUL during retirement is taxable unless in following scenarios 1) Withdrawals done until your initial deposit (FIFO) 2) Taking the money out as policy loans. Any withdrawals done on the growth is taxable.

@WealthProtectionLady Год назад

Whenever you access funds from your IUL, you will always take it in the form of a loan. That way, it will always be tax free.

@ThinkYourHealth 3 года назад

My concern with this type indexed product is the volatility of the market and performance risk. If I understood you correctly I should not be penalized if there is a downturn in the market. I was not aware about this type of product. Thanks for the breakdown.

@WealthProtectionLady 3 года назад

Exactly! You get the upside of the market but if the market goes down, you don't lose anything.

@LauraBurford 3 года назад

Great job explaining IUL's - many people don't understand them. Need to check other videos out on your channel.

@hurst-cs2jh 3 года назад

Hello Laura🥰😊

@samueleuresti3 2 года назад

So, if I have an IUL for $100K, and it's pegged to the S&P500, if the S&P goes up 8% in a year, does that mean that I earn 8% of the $100K?

@WealthProtectionLady 2 года назад

Yes, but if the S&P went up 15% and there was an 8% cap, you would only earn 8%.

@samueleuresti3 2 года назад

@@WealthProtectionLady I understand. I believe with the IUL that I have, it has a 12.5% cap. I just purchased this IUL. But I've been an avid stock and index investor for about 4 years. I couldn't believe that IUL could earn that much. The S&P averages 6% to 12% year-over-year. Seems like a way too easy way to make money.

@redtops5160 2 года назад

@@samueleuresti3 There are fees with these IULs, many of them hidden. No free lunches.