4 MUST-HAVE TAX ADVANTAGES How IUL Gives Your Future an Edge
It’s tax season, and let’s face it: Taxes have their pros and cons.
They’re an important responsibility, a way for all of us to contribute to our nation’s critical programs and infrastructure. But they can also take a toll on our current and future lives. This is why it’s helpful to avoid unnecessary taxes, ensuring we can provide an abundant life for our families, as well as give back to our communities. And this is also why the savvy turn to properly structured, maximum- funded Indexed Universal Life (what we call IUL LASER Funds), because they value the four must-have tax savings that IUL can provide. TAX SAVINGS #1 Unlike IRAs and 401(k)s, you put after-tax dollars into IUL LASER Funds. This means you’re getting your taxes over with at today’s tax rates. Since most experts agree that taxes will continue to rise in the future, you’re likely better off getting taxes out of the way as soon as possible. TAX SAVINGS #2 You can access the money in your IUL LASER Fund tax-free, via a policy loan (which you’re not required to repay during your lifetime). What’s more, if you choose an Alternate Loan, the money in the insurance policy (e.g., the cash value that is collateral for the loan) continues to earn the indexed rate (which has historically averaged 5% to 10% annually, tax-free).
remains in-force (as opposed to accounts like traditional savings accounts, money markets, CDs, mutual funds, etc., that typically have tax liabilities on their gains). TAX SAVINGS #4 When you pass away, your death benefit will pass along to your heirs income-tax-free. All of this is possible thanks to Internal Revenue Codes and long-standing tax laws surrounding life insurance. So while Uncle Sam may seem greedy when it comes to traditional financial vehicles, you have much more protection from unnecessary taxes with IUL LASER Funds. By minimizing your tax liabilities and maximizing your opportunity for tax-free growth and an income-tax-free wealth transfer, those tax savings can go on to benefit your life, and your family’s for generations to come. Want to learn more about safeguarding your financial future from unnecessary taxes and market downturns? Order your free copy of “The LASER Fund” at www.laserfund.com or by scanning the QR code on pg. 1.
TAX SAVINGS #3
With your policy linked to indexes of your choice, any gains your policy sees are earned tax-free, as long your policy
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