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Subject:  Let's talk Equity Indexed Universal Life Date:  9/28/2013  1:09 PM
Author:  KBecks Number:  17810 of 18090

Hi Insurance Board Friends,

I have been listening to the advice of a real estate investor who recommends Equity Indexed Universal Life. I would like to learn more about these products.

Here's how I understand some of the benefits:

--Returns are linked to the S*P 500 but there is a cap on max return

--There is also a guarantee, if the S&P goes negative, you do not, your value does not decrease

--The money is tax-free for withdrawals in retirement

--You can take a loan, and you don't have to pay the loan back.

Here's also what I am thinking
-- I would want to fund a ROTH IRA first -- you withdraw from ROTH tax free

--after that the EIUL might be good.

--or you could invest in a taxable account.

The downside to EIUL sounds like the payments are high and you have to make payments consistently, there may not be much flexibility.

Here are some articles:

The main benefit of EIUL sounds like the tax advantage.

Any comments? I would appreciate knowing more about how much these policies cost. I am also starting to learn about SOLO 401k

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