What is the difference between and a IUL and a 401k.
<p>Insurance Product: An IUL is a type of permanent life insurance that combines a death benefit with a cash value component. It offers a life insurance component to provide a payout to beneficiaries upon the policyholder’s death.</p>
<p>Cash Value Growth: The cash value of an IUL grows over time based on the performance of a chosen stock market index, such as the S&P 500. However, there is often a cap or limit on the potential gains (participation rate) to protect against market downturns.</p>
<p><a href="https://medium.com/@c.alton103/what-is-the-difference-between-and-a-iul-and-a-401k-16b5b4ef3fff"><strong>Click Here</strong></a></p>