What is Indexed Universal Life (IUL) and How Does It Work? 

Thank you!

Yeah me 2. How do we reach him?

Thank you!

Glad it was helpful! If you would like to explore the LASER Fund options, go ahead and schedule a time to speak to an IUL Specialist that we work with here: www.3dimensionalwealth.com/getstarted

Thank you!

Glad it was helpful!

when you opened your UIL, i assume they didnt let you fund it in one big payment. my question is, did your money start accumulating interest as soon as you started funding it or did it only begin to earn interest after it was completely funded?

​@@CLOUD.STEPPING Interest accumulated right away

Hey! If you would like to explore the LASER Fund options, go ahead and schedule a time to speak to an IUL Specialist that we work with here: www.3dimensionalwealth.com/getstarted

Yes I just purchased an index policy it is worth it! Now I have joined the business and helping others get an index policy. Let me know if I can help you!

Interesting want to learn more

I can help you. I’m a licensed life insurance agent & I help people do this DAILY.

IUL.

@@queeny5336 indexed universal life (IUL)

Not once in the video does he mention advisory/broker fees which often eat away at an IUL’s death benefit (rendering it useless). If you want to get coverage and you’re on a budget I recommend term life that has whole life convertibility privileges so that you can start converting to whole life (and grow a cash value component within your whole life policy) when your budget allows for it

You can typically get started with $1,000 a month if your younger than 45. As you get older that number goes up. If you're in that situation, go ahead and book a time at 3dimensionalwealth.com/getstarted to speak with a recommended IUL Specialist

I do have it on audio. If you would like to purchase just the audio book, you can get it here: laserfund.com/audio-upgrade

Actually, here is a link to a discount: learn.3dimensionalwealth.com/offers/NPD5BMRf?coupon_code=DIGITALSPECIAL

You’re inaccurate with your statement. You’re saying you can borrow from your death benefit ? No, that’s not true. You’re borrowing from your cash value, not the death benefit. The death benefit is used to pay the loans off if you decide to not pay them off yourself. COI will help replenish that death benefit if it is in fact used for paying loans off. Whole life ROI is only between 1.5%-2%. IUL averages between 10-15% depending on the company and index option you link to. It’s a no brainer your client will have way more money in the IUL than any whole life policy.

@@jeremyb8817 yes you’re right, I said death benefit but meant cash value of the policy. IUL is usually better than straight life, but IUL is NOT better than straight life + additional deposits going into VOO shares. I cannot understand why people choose to overstuff IUL policies instead of just buying shares of indexed ETFs. The only reason I can think of is that you can avoid some extra tax by borrowing from the cash value instead of liquidating sheared.

it's a good company, but there're better options

It’s a good option because they can give you full access to your cash value quicker. But their cap is lower. Depends on what you’re trying to accomplish.

You get to set your own maximum. Once you know your maximum, your minimum will be a factor of that. With some insurance companies, it can be as little as 10% of the maximum.

Depends on the client circumstances but you can fund policies with millions of dollars every year if you have the financial wherewithal.

@@missedfortune how can you be my agent?

It's more important that the policy is structured correctly, than which carrier you use. You'll want to work with someone who knows how to do that. If you need to speak to someone who understands these concepts, you can schedule a time to speak to an IUL Specialist we work with here: www.3dimensionalwealth.com/getstarted

Indexed vs Variable Universal Life. Indexing gets your cash value out of the market. With Variable your cash value can go up and down with the market.

I hope so too! The book should be a great resource for your knowledge and learning. It is hard to explain enough to understand everything in short videos. Good luck!

Not once in the video does he mention advisory/broker fees which often eat away at an IUL’s death benefit (rendering it useless). If you want to get coverage and you’re on a budget I recommend term life that has whole life convertibility privileges so that you can start converting to whole life (and grow a cash value component within your whole life policy) when your budget allows for it

Best is to have a job. Buy insurance only(For things you cant afford to loose, Final expenses Insurance, House(The morgtage will force you to have insurance), Car(The lender will force you to have insurance), Liability). Covertability priviliges are for people that need a tax dodge and only people who pay hefty Incometax need a dodge. You will only need a finance guy if you have money...

@@claytonrandalliithere’s no broker or advisor fees with an IUL. Nothing lowers the death benefit unless it’s being used to pay off policy loans. Not sure where you got your info about IULs but it is precisely 110% wrong.

@@jeremyb8817 there are absolutely fees and commissions associated with an IUL

WFG doesn’t sell anything. All agents are contracted with different companies like Nationwide, Transamerica, PacLife, and more. Every agent is independent so their knowledge can vary.

WFG is like the Amazon of financial services. Like the previous comment, WFG does not own any financial vehicles. They pattern with 70+ different companies which offers any financial vehicle you can think of!

@@thierriepatterson you’re everywhere. 😉

@@terrenceholt44 bahahaha! You know I have to come Iisten to Doug every now and then. Sometimes I read the comments 😃

Great question, under section 72e of the Internal Revenue Code, money in an insurance contract grows tax-deferred. Depending upon how you access the money from the policy you may or may not pay taxes. If you pull it out "the sad way" that means you've passed away and are passing on a tax free inheritance. If you pull it out "the dumb way" you're taking a withdrawal from your cash value which is subject to tax. If you pull it out "the smart way" you're accessing your cash value via a policy loan which is tax free under section 7702 of the IRC. This is the money you borrow tax free that you never have to pay back because the life insurance contract is the collateral for the loan and you can't loan out more than the cash value. Hope that helps! If you need to clarify this for your particular situation, you can speak to one of the IUL Specialists we work with here: 3dimensionalwealth.com/getstarted

You will need to work with a specialist to make sure that your IUL is designed correctly to let you do this. I would suggest not touching the money in your IUL though until year two in order to take advantage of the spread loans.

@@missedfortune Thank so you much for this information. I'm an Agent with PHP Agency Matt Sapaula.

Did you ever find the answer to this?

Hey there, you can setup a time to speak directly to an IUL Professional we work with here: www.3dimensionalwealth.com/getstarted

In my opinion, I prefer to get an IUL starting young because of the cash accumulation portion which will go towards your retirement account. The younger you start, the more money will accumulate or add over the years because of compound interest! This is all opinion once again

@@jesikakubeserian8968 I agree. I opened an IUL for my young daughter. The earlier you open one the better. This product is good if you have excess monthly surplus income. I can't contribute to Roth IRA and max out my IRA and 401k so next option is UIL. UIL is called the rich man's roth

Great question. You may want to schedule some time with an IUL specialist who can answer more of your questions and even run this very example for you: 3dimensionalwealth.com/getstarted/

Yes, of course there are. The two largest disadvantages of IUL are: 1. They must be structured correctly otherwise you will not get the results, too much will go out the door in expenses. I like to compare an IUL to a piece of real estate. If you were interested in buying a five story office building, what is the most important thing to consider? LOCATION, LOCATION, LOCATION! You need to make sure that it is strategically located where there is more than enough demand to lease out all of that space. This is the same truth with an IUL. You must structure it so that you are able to truly maximum fund the policy under the TEFRA/DEFRA tax corridor. 2. It must be fully funded! Just like your five story office building needs to be fully leased out. Once you have the right building in the right location, you must still make the effort to lease out all the office space! Same thing with the IUL; once it is structured properly, you must maximum fund it. So simply put, think, no vacancy! If you do these two things right, you will have an asset that will be one of the cheapest assets you have over your lifetime with the backing of one of the strongest financial institutions in the world with the best money management strategies available to you! Hope that helps!

@@missedfortune is thier any financial institutions that you would recommend that are most capable in handling IUL'S? This would be really helpful.

@@rhodeisme279 TransAmerica has great IUL services! If you’d like, I can sit with you and we can actually go through and see what works best for you! So we can get the best deal!

See the other reply to your comment. Thanks for tuning in!

Hello there I’m in the financial service industry and I’ll be able to help you out and you can put 12k a year and once your 60 and want to retire you can activate your lifetime income rider to get monthly payments up to 120 years

The "Cost of Insurance" will always go up as you get older. There is nothing much you can do about it. However, what the insurance company do is they will deduct the amount you are short from your Cash Value to supplement your monthly premium to keep the policy in-force. Example, you are 70 years old and the monthly premium is $250. Cost of insurance is $400. Insurance company will deduct $150 from your Cash Value to supplement the $250 so your policy doesn't die.

Hello Ayikatho. That’s a great question. The cost of insurance does go up as we grow older because of higher likelihood to get sick and possibly die from said illness. To build your wealth a few factors are needed to consider like time, rate of return, inflation rate, market performance. When should you start that life insurance ? About 10 years ago. But you are only 38 yo . So take advantage of your present health. Message me if you have any questions.

@@lasereyes555not necessarily true, you can level the death benefit out when your client stops funding the policy towards their retirement so the COI doesn’t climb and eat into the ROI.

Also I would never recommend lump summing 10k into an IUL. Needs to be funded properly remember

Iul only works if you're a multi millionaire

That’s why you have to buy term and invest the difference, jokers like this are just trying to sell these over priced life insurance policy’s

@@johnpandza5358 😂😂

@@fortyonesavage I’m not into fucking people over like that for a buck

@@johnpandza5358 exactly!

While the insurance company may allow you to do this, usually it's most efficient to set it up over about 5 years. If you would like you can you can schedule some time with an IUL specialist who can answer more of your questions and even run some examples for you: 3dimensionalwealth.com/getstarted/

I would love to help you!

When in a low interest rate environment, my alternatives will typically have low interest rates as well. Back in the 1980s banks were paying 10% on CDs! I want to position myself so that if inflation happens it will help me, not hinder me, and as we're in such a low an interest rate environment there's a high likelihood of seeing higher rates in the future, be that 10 or 20 years or whatever you might think, so I want to be in a strategy that can move with those rates and be flexible, not necessarily choose a commodity based on the moment. I don't want to buy the golf clubs, I want to have the golf swing!

The payments you make to an IUL (Laser Fund) are after tax dollars. From there you can GROW, ACCESS, and TRANSFER your money tax-free.

What company is the best insurance company to open a IUL Policy with ?

Lol. What fees? The agents commission that only pays out in year 1? What you earn from the compounding interest at nearly 10% is far greater than any “fees.”

At the end of the day, a properly structured and max-funded IUL should net within 1% of the average gross rate of return. If you average 11% (like I have) your net internal rate of return should be about 10% (like mine have). That 1% would include all fees (cost of insurance, administrative and policy fees). In a 33% tax bracket, you’d have to earn 15% to net 10% after tax.

Hi Jason I am in the financial industry and licensed professional and I help individuals set up their IUL's i would be happy to meet with you to explain more

The insurance companies are utilizing a strategy called indexing. So the carrier is not making those kind of returns on their general portfolio fund, which is closer to 4% right now. But instead, you are able to link your returns to a specified index without having any of your money actually in that index. I would suggest watching this series to get a full understanding: ru-vid.com/group/PLF8af6gsBLfluNIRv7jllRl43tfIUGlmQ

@@missedfortune why on earth would you invest into a life insurance policy for 4% when a good mutual fund can get you 9-12% everyone I know who had these policies said they have less money then they put in.

Hey there, you can setup a time to speak directly to an IUL Professional we work with here: www.3dimensionalwealth.com/getstarted

You get the diversification of the general portfolio of the insurance company. In other words, you get to put your money with the insurance company's money. So you naturally get all the diversification that they insurance company has with their own money. The insurance companies have proved over and over again over the last 100+ years to be the best and smartest money managers in the world! They have weathered the great depression and great recession better than any other company and industry!

@@missedfortune your response just contradicted so many parts of your video!! Insurance companies having so much regulation on how aggressive they are allow to be. i agree correct insurance companies have weathered 150+ years and why their whole life policies are so impressive. An IUL does NOT allow you to track the S&P 500 or the Dow or whatever other fund you want because it is NOT in the market it is the insurance companies general portfolio just like you mentioned. I just wish you would tell the truth about IULs.

@Keej Vang The truth is an IUL is a product that was just recently created in the last 20 years. It is NOT correlated to the stock market. The cost of insurance will continue to increase causing a breaking point where your monthly payment will no longer be enough to maintain the insurance in which the company will either pull from your cash or send you a hefty bill to keep the policy in force. an IUL may be the right vehicle for someone in a given situation but not very often. If you are wanting to investment use and investment.

Keej Vang nothing to do with Poot structure. All IUL policies are insurance not investment. And all IUL policies have increasing cost of insurance. Those are just the facts of the policy. Nothing to do with structure.

@@tannersharp1188 What do you think the Index part of IUL means then if it's not that you can link to an index in order to risk the interest you would make from the general portfolio rate? And by diversify he meant you can link to multiple indices instead of just one. He explained that in the video. Please just delete your original comment if you have no idea what you're talking about, because clearly you don't.

That is a common mistake made by agents and a myth perpetuated by the industry. When structured correctly to maximize for cash value, the policy maintains great cost efficiency throughout it's lifetime.

IUL is also known as the Rich Man's Roth.

This follows IRC section 101(a), IRC section 72(e), and IRC section 7702. You can study those sections of the internal revenue code to verify.

Hey Lewis, you can speak to an IUL Specialist that we directly work with here: www.3dimensionalwealth.com/getstarted or you can call 385-257-2577 They will be able to speak with you and help you get started with an Indexed account.