Indexed Universal Life (IUL) policies and annuities serve different financial purposes, but both help in retirement planning. An IUL combines life insurance with an investment component, allowing cash value growth linked to market performance. While it offers flexibility and tax benefits, it may include caps on returns and additional costs. Annuities, designed to provide guaranteed in... https://www.federalpensionadvisors.com/post/iul-vs-annuity