Index Universal Life Insurance
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- Опубликовано: 13 сен 2024
- Indexed Universal Life Insurance (IUL) will give you tax-free growth on your retirement savings, tax-free income in retirement, protection from stock market downturns, market-like returns, easy penalty-free access to your retirement savings, and the ability to act as your own financing company for major purchases or investments. There are no contribution limits, no age restrictions, and you have access to your money penalty-free through, and there are minimal fees.
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🟦 GET AN IUL ILLUSTRATION: application.wea...
🟦 BECOME MY CLIENT: application.wea...
🟦 TAKE MY FREE MASTER CLASS: www.youtube.co....
Learn how to grow your money safely, protect yourself against the ravages of unknown future tax liabilities, reduce or eliminate the amount of interest you pay to banks and credit card companies, avoid the enormous fees you are currently paying on your investments that are eating up your earnings, protect yourself from healthcare emergencies that can ruin you financially and a way you can have a guaranteed income in retirement. And, I’ll show you how these strategies will beat the pants off your 401k.
You will learn how to get…. Income in retirement you can never outlive, Tax-free growth on your retirement savings, Tax-free income during retirement, Protection from stock market downturns, market-like returns and easy penalty-free access to your retirement savings. I will also introduce you to an amazing retirement plan where a lender will match your 5 annual contributions 3:1, so, just like your employer will match your 401k investment, a bank will match your investment times 3!
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🟧 WATCH MY VIDEO 'UNCAPPED IUL WITH A 2% FLOOR": • Uncapped 2% floor
🟧 IF YOUR ANNUAL INCOME IS $100,000, WATCH MY VIDEO "Kai-Zen": www.youtube.co....
🟧 WATCH MY VIDEO: "IUL Loans": www.youtube.co....
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DISCLAIMER:
The Wealth Protection Lady makes content available as a service to its customers and other visitors to be used for informational purposes only. While our best intentions are to provide accurate and timely information, you should always consult with retirement, tax, and legal professionals prior to taking any action.
• Index Universal Life I...
Life insurance is so underrated. I love using mine to do real estate deals and self financing where I can. Having access to the funds is amazing. A 401k only rewards you when you are 57. I don't want to wait that long. :)
Crazy! I hardly know about this by accident two years ago. No one I asks knows about this
Hello, I'm looking at IUL insurance. I'm 63 years old and don't know whether it's too late.
I don't normally recommend an IUL for anyone over 65 but it depends on what you are looking to accomplish. Life insurance gets more expensive the older you are. As far as being too late, it depends on how much you can contribute, for how long and how much income you require in retirement,
Loved how you broke this down! Super interesting! Thank you for sharing!
You enlighten me today
Such a great explanation!
Blessing and abundance ! You’re so informative, I love it ! You’re ability to extrapolate the various moving parts, benefits and provisions an IUL policy provides are tremendous !
Thank you, James!
Thank you so much for making this video
You are so welcome!
How is there a cap and limit and NOT investing in the index...? Is it option derivatives?
An IUL is all about the index, how it performs and what it guarantees. The index I use is a proprietary index to Securian/Minnesota Life. It is a volatility control index that is rebalanced at the end of every business day. It is uncapped and performs so well that it has two participation rates (115% and 210%). Watch my video IUL on Steroids to learn more.
very good explanation thanks very much
You are welcome
Hello . Thank you for your videos . I am 46 year old male. What is the lowest death benefit that IRS will allow to start a policy? . Thank you again .
It all depends on how much you contribute annually, your health and a lot of other things. I would suggest you fill out the application and we can go from there. The more details the better. If your annual salary is at least $100,000, you could qualify for Kai-Zen where a lender will match your 5 annual contribution 3:1. It's an IUL on steroids. Here's the link to the application: form.typeform.com/to/SNfW1IBA. If you want info on Kai-Zen, here's the link to that video: ruclips.net/video/wDF5LHGFkQc/видео.html&ab_channel=WealthProtectionLady
what's the smallest death benefit the IRS allow? Is there like a table based on age? formula to compute? Thank you
For an adult, $100,000 is the lowest a carrier will go for an adult. My rule of thumb is if your annual premium is $6,000 or below, your initial death benefit should be right at or around $100,000
@@WealthProtectionLady Thank you so much. Can you send me a quote for a 30yrs old male, nontobacco, minimum death benefit and increasing? Thank you
MS WEALTH... I LIKE YOUR TEACHING AND THANK YOU FOR EDUCATING THE CLIENTS AND AS WELL THE AGENTS. THE BAD IS WHY YOU KEEP ON PUTTING AGENTS IN GENERAL THAT THERE SO MANY AGENTS THAT ARE RIPPING OFF THE CLIENTS. I DONT AGREE BECASUE WE AGENTS ARE ALSO BEING TRAINED TIME AND AGAIN. HOW DO YOU TREAT YOUR AGENTS ANYWAY? AGENTS DO THE BEST FOR THE CLIENTS. COMMISSION IS A SALARY AND ALSO WE ARE ON A MISSION TO HELP AND SERVE, BUT NOT ON A COMMISION. PLEASE DONT CONFUSE THE VIEWERS SPECIALLY THE CLIENTS THAT HAS NO IDEA WHAT INSURANCE IS ALL ABOUT. ONLY TRAINED AGENTS CAN EDUCATE THEM NOT FOR A SHORT WHILE BUT WITH FAITH AND TRUST TO THE AGENTS.
IF YOU WANT TO HAVE MORE CLIENTS ITS YOUR GOAL BUT DONT STEP ON THE AGENTS ABILITY.
REMEMBER, ALL AGENTS ARE LICENSE, THEY ARE NOT SELLING COMMODITIES THAT IS WHY WE CALL THEM ALL PROFESSIONALS. RESPECT THEIR ABILITIES AND KNOWLEDGES..STUPIDITY IS NOT IN OUR BRAIN BUT HONESTY ONLY.
MR. D. ANDREW AND SOME OTHERS, JUST SPREAD THEIR MESSAGES JUST TO EDUCATE PEOPLE BUT NOT ACCUSING AGENTS FOR BEING DUMMED. IF THIS IS FOR YOUR OWN BENEFITS AND REROUTE CLIENTS TO YOU THRU THIS. I THINK ITS THE DUMMED WAY TO ATTRACT PEOPLE.
I STAND FOR ALL THE AGENTS.. COMMISSION IS NOT OUR PRIORITY, OUR MISSION, WE SERVE AND HELP.
What would be in your opinion the best insurance company for this product?
Hi, Temas! If you are interested in an IUL, I am one of 5,000 agents in the US who has access to an uncapped IUL with a 105% participation rate and a 2% floor. If you are interested, please complete this application and I can run an illustration for you.
form.typeform.com/to/SNfW1IBA
@@WealthProtectionLady hello , May I ask which insurance company offers Kaizen for retirement
@@ZengloCarlos NLG and Allianz I two I know of...
Can I chose the index or is already set by the insurance company?
Great question! Yes, you can choose the index or a combination of indexes; however, out of the choices given by the carrier, there is usually a suggested index and once you compare your choices, the best choice is the suggested index.
@@WealthProtectionLady Thank you for your reply.
Very informative video!
What if someone wins the lotto how would structure that with the iul
Hi, Randy! Hopefully, if you win the lotto, you'll choose the annuity option, but if not, you can put a lump sum into an IUL using the Premium Deposit Account. You would have to break up that lump sum into between 3-11 years. Your first year's premium would come out and the rest of the lump sum would sit in the Premium Deposit Account earning something like 4.25% -4.5% interest and then every year's premium would be paid from that.
Plus do you and Doug Andrew teach the same thing right?
I am familiar with Doug Andrew but I don't know if he teaches the exact same thing. He has something called the Laser Fund but I don't know anything about it.
Is it possible to discuss with you how to minimize the cost on my current IUL policy and to make sure that the policy will last until the age of 100?
Sure. Here is a link to my calendar so we can discuss.
calendly.com/suecunningham-1/60min
What about Modified endowment contracts?
Excellent question!!! Actually, I actually did a video entitled "To MEC or not to MEC" but haven't uploaded it yet. They aren't for everyone, but they can be useful for those who have huge sums of cash, want to grow a fortune protected from market losses and aren't worried about taxes. If I had a choice of an IRA or 401k or an uncapped MEC, I would go for the MEC any day.
when the person dies, does the family member receive the death benefit only, the cash value, or do they receive the cash value plus the death benefit? thank you.
Death benefit and cash value
@@WealthProtectionLady isnt the cash value a part of the death benefit?
@@WealthProtectionLadyif the beneficiary will receive both cash value and death benefit, it seems that the maximum amount of the added up values the beneficiary can receive will be from the traditional structure if you see your video on 21:37. Please correct me if I am wrong. Thank you.
Wonderful Information
Hello,
I just came across your videos which are very useful and educational. How can I take a master class? please advise. thanks
Hi, Massel! Here is a link to my master class.ruclips.net/video/MlexBwkfLjo/видео.html&ab_channel=WealthProtectionLady
I'm with Northwestern mutual with a $1.5 million policy for me and one for my wife. I am 35 years old how can I find out if my policy is structured correctly
You can contact me and I'll take a look, but chances are, with that much death benefit, you policy was structured for maximum commission for the agent.
Thank you
You're welcome
Good job great vids
I have an IUL!! I WISH I CAN HAVE a ONe on ONE chat!!!
You can email me with any questions you might have at sue@wealthprotectionlady.com
do you have a recommendation for some one in wa state that I could talk to?
Sam, if you are interested in an IUL, I am licensed in Washington State and can help you. Just email me -- suecunningham@me.com
Hello there
Do you have somebody in palm beach county Florida who can meet and assist me in structuring an IUL properly like you recommend.
The best thing to do is to complete this questionnaire and then we can find a time to talk about your needs. application.wealthprotectionlady.com/
What is the best option for IUL.? Cvat increasing death benefit or graded with increasing death benefit?
Not sure exactly what the question is but you want to have an increasing death benefit while you are putting in a premium even though it is a little bit more expensive than the level death benefit option, but the level db option limits how much of your premium can go into the index. Once you are not putting in a premium anymore, you switch the the level db option because it is less expensive.
@@WealthProtectionLady Thank you. That helps a lot.
What if you transfer money from a Inherited CD into an IUL?
You can do that. The funds going into an IUL need to be those you have already paid taxes on.
I’m interested. Can you show me where to get the plan at? Thank you
Hi, Chris! Please complete this questionnaire and we can set up a time to talk. : application.wealthprotectionlady.com/
You are incredible btw
Thank you!!!
@@WealthProtectionLady I forgot. Would you also say one disadvantage of IUL is that a person has to pay premium in perpetuity? Compared to IRA or 401k where is okay if lapsed
how can I tell, if my policy is structured properly?
If your annual premium is $6,000 for example, your initial death benefit shouldn't be above $100,000. Most "bad" agents will try to get away with as much of an additional death benefit as they think they can. So much of the time it is $1 million.
@@WealthProtectionLady my annual premium in 1,620 and my death benefit is 150,000. So would you say my policy was structured good? My agent never told me about the cash value going in the stock market or anything like that.
Wooooo00oow!!!!
Hello! Can you get an IUL if your annual income is $85,000? I am also 63 yrs old. thanks.
Absolutely, Anthony!
Hello your videos are very interesting. I would love to buy a policy and I have questions. Do you need to be in great health? I was diagnosed with cancer three years ago and I’m 61 years old. Looking forward to your advice. Thank you
Unfortunately, you do need to be in good health. I'm so sorry!
can you re-structure a high death benefit account
If you already have an IUL with a high death benefit and need help with what to do, email me at sue@wealthprotectionlady.com with your situation.
@@WealthProtectionLady i dont have one at all but was wondering if i structered it wrong could i change it... also I'm hearing that 65 is the best time to open one but I want to open one now while I'm 34
I'm 57 years old and I own and operate a sole pro business (and thinking of converting to an LLC with S-Corp election). I never had 401K or any retirement plan. What retirement plan would you recommend for someone in my situation?
Absolutely an IUL! Watch my video "IUL on Steroids"
Why no new videos. you have My interests.
Hi, Robert! I have spent the past 6 years taking care of my mom and dad and when my mom passed away in March, I moved back to California where my kids are. Then, I somehow ended up on TikTok and my calendar is booked solid for weeks, so hardly any time to make a new video.
Let's say someone wins 100000000
Hello. I currently have a IUL with National Life Group @ $1.6 million and $30k cash value which I started 10 months ago. Can I add a lump sum, like cash out my $150k Roth and put that in here?
Hi, Tony! In your IUL illustration, you're going to see a Modified Endowment Contract (MEC) limit and that is the most you can put into your IUL in any given year or you'll create a MEC an all that tax-free stuff would go away.