Retirement

What is it?

Discover Indexed Universal Life (IUL) insurance at FSC Financial Group – a permanent life insurance solution combining a death benefit with a cash value component. The cash value grows based on an index like the S&P 500 or bonds, selected by the insurer. With IUL policies, you benefit from an interest rate guarantee, ensuring a minimum interest rate payout even in low-performing markets. However, it's important to note that interest rates are typically capped.

  • Only Non-Qualified money can be put into an Index Universal Life policy. Non-Qualified would be money that has already been taxed such as your income, CDs and money market.

  • When you work with FSC Financial Group, we guarantee finding a policy for your safety with a minimum interest rate of 0% or more, offers tax-free benefits by using policy loans smartly and keeping the policy active, provides good growth potential with average returns of 6-8% in the past, and allows easy access to cash value without penalties before you reach age 59 1⁄2.

  • Premiums and interest contributions accumulate in your account value, also known as cash value. Deductions for insurance costs, expenses, and fees are then applied. Access to cash value is available through withdrawals or loans. When withdrawing, taxes apply only to gains after the principal amount is exhausted. Loans offer tax-free access to cash value.