June 8, 2020
Index Universal Life (IUL)
The Right Life Insurance For Career Military Families
At US VetWealth we help you put the "Life" back into life insurance. We focus on insuring the income producing potential of your life; giving you better ways to grow and manage your wealth & legacy.
From Active Duty to Veteran to Leaving A Legacy
The IUL supports a lifetime of financial needs and goals.
Whether you are just beginning or are established in your career, the IUL can make your life easier by simplifying much of the financial strategy you need. Click below to learn more about each IUL concept design.
Retiring from the military give you a massive leg-up financially compared to your competition in business of corporate life. And even better, it can set you up so that you can maximize family time.
But what happens if you don't protect your military retirement pension? And what happens if you die early?
Typically, you are limited to three options:
Fortunately, we can help you qualify for an investment grade IUL with the Spouse Benefit & Family Legacy Plan for more flexibility & control of your lifetime family cash flow.
Once you are collecting your military retirement pay, VA Disability, and income from a second career you will be in the top 1% of veteran income earners. You will have new tax challenges and limitations on using a ROTHs account and don't need to take as many investment risks in the market.
The IUL is the only financial vehicle that solves these problems thru:
If you are like many Veterans, you have invested a majority your savings in qualified retirement accounts such as Thrift Savings Plan (TSP), a 401k or a ROTH IRA.
They probably have done very well for you during your years of accumulating assets. But what happens when you want to start using those assets?
Using the IUL with the Veteran Retirement Rescue Strategy can give you access to:
If leaving a lasting legacy is important to you, then there is no better way to ensure that could be accomplished than with a fully funded IUL.
With an IUL you are able to:
HOW TO USE THE IUL
Designing a Private Pension System
Military life is a series of transitions. We help you with the biggest transition of all: post-military life. Having an IUL can help you minimize taxes and maximize your assets so that you have access to your financial resources when you need them the most.
Whether you are focused on investment accumulation, military retirement or income maximization, the Private Pension System shows you how index universal life insurance can help protect your family, replace the SBP & VGLI, provide supplemental retirement income, and efficiently pass on your estate.
Low Taxes & Liquidity
Our signature Private Pension System uses life insurance cash value to supplement retirement distributions, which results in a lower effective tax rate in retirement. It's also liquid, and therefore available when you need it, no matter what reason.
how we help
How We Design the LIFE-TSP For You
Our strategy uses the most innovative investment grade life insurance on the market today. It's called an Un-Capped Index Universal Life, or "IUL" for short. The difference is in the design.
The traditional approach is to buy the most death benefit for the least required premium. With this new approach, we help you buy the lowest amount of death benefit required for a desired investment amount to meet IRS tax-free guidelines.
This means that you can contribute as much as you want, at the lowest possible costs, to access the tax advantages and no-risk growth that only an IUL can offer.
Avoid paying any future capital gains or income tax on withdrawals of your cash value for investments or retirement.
Zero Risk Growth
Remove market volatility with a zero percent floor & 80% upside index insurance strategy.
Avoid penalties and limitations so that you can access your money at any time you need it for any reason.
Long Term Care & Death Benefits
God forbid something happens to your health or life, your family will not suffer financially.
how we help
Private Pension System: Your Most Valuable Asset Class
If you could dream up the perfect asset class, would it look something like this?
The ability to adjust to a rapidly changing environment is known to be a blessing and a curse among military families. In the civilian world, the changes that life inevitably will bring can having much greater financial implications to the upside benefit to your family or the risk of losing it all.
The LIFE-TSP is the only strategy that defends against catastrophic loss and gives you the offensive potential of protected investment growth.
Traditional Retirement Acct. (TSP, 401k, IRA)
ROTH Retirement Acct. (TSP, 401k, IRA)
Certificate of Deposit
Rental Property Income
Private Pension System
No Annual Investment Limits
Income Tax-Free death benefits
Long Term Care Benefits
How indexed universal life insurance works
Indexed universal life (IUL) insurance is designed to provide a tax-free death benefit for your loved ones after you’re gone and help you create a lasting legacy.
For career military families, it also offers the opportunity for tax-advantaged growth through multiple indexed interest strategies and a fixed account. With the Private Pension System account using the features of index universal life policy, your money does not directly participate in the market and a guaranteed minimum floor rate ensures your account will never have a negative rate or return, even during market declines.
Flexible options give you access to your policy’s cash value to use for unexpected emergencies, life events and a source of supplemental retirement income.
Please keep in mind:
This material is not a recommendation to buy, sell or hold any asset. It does not take into account your specific investment objectives and tax situation.
Please schedule a call with a US VetWealth Private Pension System and IUL expert to learn how this strategy could work for you.
Read More About the IUL
Stay up to date with the latest tips & tools for Veterans using an IUL strategy.
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