For long-term financial planning, Indexed Universal Life (IUL) policies and annuities offer distinct benefits. An IUL provides life insurance with a cash value component that grows based on stock market trends, offering tax benefits but also potential limitations on returns. Annuities, focused on generating a stable income stream, help retirees secure financial stability. However, som... https://www.federalpensionadvisors.com/post/iul-vs-annuity