Skyrocketing tuition costs can feel overwhelming...

What is an IUL?

• 1. Tax Benefits: A properly structured IUL policy can offer tax-free growth and tax-free access to funds. This can lead to substantial savings over time.
• 2. Flexibility: IUL policies provide flexibility in how you access your savings. You can use the cash value of an IUL to pay for college expenses, but you also have the option to use it for other financial needs. If your child decides not to attend college but instead start a business, or purchase a home for example, they have the freedom to do so with an IUL. You can use the money for whatever you choose. However, this is not the case with a 529 savings plan, which can only be used to pay for college. 
• 3. Market Gains without Losses: With an IUL, your cash value account is tied to market indexes, allowing your savings to benefit from market gains while providing a safety net to prevent losses during market downturns.
• 4. Protection: IUL policies offer a death benefit that provides financial security for your family in case the unexpected happens. It's a comprehensive solution that combines life insurance with college savings.