It's not just IUL caps. The huge fees being extracted from the account also have a large affect.That info sheet Dave posted was quite interesting in that it showed fees that were surprisingly low. Only 22 - 25 bps when you combine the premium fee, the policy fee and the mortality charge. After the 10'th year, that is. The first 10 years have some pretty hefty fees.'course there is a large implicit, unstated fee in that the policy holder does not get credited with dividends.I'm heartened that you've finally realized that a simple, low-cost S&P 500 Buy & Hold strategy will leave you with more money.Ditto.
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