Those planning for retirement may explore Indexed Universal Life (IUL) policies and annuities as financial tools. IUL policies combine life insurance with an investment component, growing based on market performance while offering tax advantages. However, they may have limits on returns. Annuities, meanwhile, provide consistent income, ensuring financial stability. While they offer se... https://www.federalpensionadvisors.com/post/iul-vs-annuity