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:http://www.biggerpockets.com/renewsblog/2012/12/20/interest-...http://www.biggerpockets.com/renewsblog/2012/12/06/why-purch...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 401kThanks!Karen
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