When planning for retirement, understanding the difference between Indexed Universal Life (IUL) insurance and annuities is essential. IUL policies provide both life insurance protection and a cash value component that grows based on market index performance, allowing for tax-free withdrawals. Annuities, on the other hand, are designed to provide a stable income stream during retiremen... https://www.federalpensionadvisors.com/post/iul-vs-annuity