[{"data":1,"prerenderedAt":1587},["ShallowReactive",2],{"config-published":3,"i-ph:caret-down-bold":732,"i-ph:magnifying-glass":735,"i-ph:list":737,"i-ph:instagram-logo":739,"i-ph:youtube-logo":741,"i-ph:x-logo":743,"i-ph:facebook-logo":745,"i-ph:linkedin-logo":747,"discover/insurance/iuls-published":749,"i-uil:list-ul":1575,"breadcrumbs-/discover/insurance/iuls":1578,"i-ph:caret-right":1585},{"name":4,"created_at":5,"published_at":6,"updated_at":7,"id":8,"uuid":9,"content":10,"slug":724,"full_slug":724,"sort_by_date":34,"position":725,"tag_list":726,"is_startpage":543,"parent_id":727,"meta_data":34,"group_id":728,"first_published_at":729,"release_id":34,"lang":730,"path":34,"alternates":731,"default_full_slug":34,"translated_slugs":34},"App configuration","2022-11-24T11:24:28.448Z","2026-01-07T10:07:40.657Z","2026-01-07T10:07:40.684Z",224651377,"a6261810-1b4d-4071-a43d-805ea558bf15",{"_uid":11,"href":12,"text":12,"component":13,"advisorCTA":14,"headerMenu":41,"footerLinks":538,"loginLinkUrl":559,"advisorCTAUrl":560,"loginLinkText":12,"proHeaderMenu":561,"FooterRichText":643,"advisorCTALink":28,"advisorCTAText":644,"openInNewWindow":543,"footerLegalLinks":645,"geoWarningCTAUrl":666,"footerDisclaimer1":12,"footerDisclaimer2":667,"footerDisclaimer3":12,"footerSocialLinks":668,"geoWarningCTALink":689,"geoWarningCTAText":690,"FooterStickyBanner":691,"geoWarningCTAClose":692,"geoWarningCTATitle":693,"SpeakToAdvisorWidget":694,"newsletterSignupWidget":704},"cb57aa4d-0af2-49b3-8b8f-16521700f0a8","","app-configuration",{"type":15,"content":16},"doc",[17],{"type":18,"content":19},"paragraph",[20,27],{"text":21,"type":22,"marks":23},"Are you an adviser? ","text",[24],{"type":25,"attrs":26},"styled",{"class":12},{"text":28,"type":22,"marks":29},"Go to Unbiased Pro",[30,37,39],{"type":31,"attrs":32},"link",{"href":33,"uuid":34,"anchor":34,"target":35,"linktype":36},"https://www.unbiased.com/pro",null,"_self","url",{"type":38},"bold",{"type":25,"attrs":40},{"class":12},[42,148,269,368,440],{"CTA":43,"_uid":57,"title":58,"component":59,"overview_link":60,"main_section_links":75,"main_section_title":132,"additional_section_links":133,"additional_section_title":147},[44],{"_uid":45,"link":46,"component":56},"2298396f-4a40-4282-b5ef-f30a3b9619b8",{"type":15,"content":47},[48],{"type":18,"content":49},[50],{"text":51,"type":22,"marks":52},"Find an advisor",[53],{"type":31,"attrs":54},{"href":55,"uuid":34,"anchor":34,"target":35,"linktype":36},"https://v2.unbiased.com/inquiry/financial-advisor","app-link-rich","6ee9fa7a-ee9d-4a0d-b913-99f9ee1b6e05","Financial Advice","app-header-menu-item-dropdown",[61],{"_uid":62,"link":63,"component":56},"91b4e023-f3d0-49ba-9748-f63e5fac2b1f",{"type":15,"content":64},[65],{"type":18,"content":66},[67],{"text":68,"type":22,"marks":69},"All financial advice guides",[70],{"type":31,"attrs":71},{"href":72,"uuid":73,"anchor":34,"target":35,"linktype":74},"/discover/financial-advice/","34bbfdfd-544e-42d2-aebd-78a15ad88cba","story",[76,89,102,115],{"_uid":77,"link":78,"component":56},"9f8d25a8-d93c-4d4a-a4c0-a63e37483485",{"type":15,"content":79},[80],{"type":18,"content":81},[82],{"text":83,"type":22,"marks":84},"Top investment companies",[85],{"type":31,"attrs":86},{"href":87,"uuid":88,"anchor":34,"target":35,"linktype":74},"/discover/financial-advice/top-investment-companies","3b175b31-cbbf-48ec-8faa-9cfd540973df",{"_uid":90,"link":91,"component":56},"85fbb733-400d-421b-afaf-5d85ae69bb31",{"type":15,"content":92},[93],{"type":18,"content":94},[95],{"text":96,"type":22,"marks":97},"Top Robo-Advisors",[98],{"type":31,"attrs":99},{"href":100,"uuid":101,"anchor":34,"target":35,"linktype":74},"/discover/financial-advice/best-robo-advisors","f73492c0-bcc0-4243-a4de-cc85fca28178",{"_uid":103,"link":104,"component":56},"9bfc68dd-ea47-48cf-a9ae-58589bbba599",{"type":15,"content":105},[106],{"type":18,"content":107},[108],{"text":109,"type":22,"marks":110},"Top financial advisor firms",[111],{"type":31,"attrs":112},{"href":113,"uuid":114,"anchor":34,"target":35,"linktype":74},"/discover/financial-advice/best-financial-advisor","cd1dd08f-886e-453d-babc-4a707c50b530",{"_uid":116,"link":117,"component":56},"dea791c8-aa54-4a1b-8ac8-a7de2006036b",{"type":15,"content":118},[119],{"type":18,"content":120},[121],{"text":122,"type":22,"marks":123},"Top wealth management firms",[124,128],{"type":31,"attrs":125},{"href":126,"uuid":127,"anchor":34,"target":35,"linktype":74},"/discover/financial-advice/top-wealth-management-firms","b1e6000d-ed2b-4fc8-bbb2-7e803f4b512f",{"type":129,"attrs":130},"textStyle",{"color":131},"rgb(0, 0, 0)","Get help with",[134],{"_uid":135,"link":136,"component":56},"f234c95d-2ad5-4cb6-9484-4c4b31413c2f",{"type":15,"content":137},[138],{"type":18,"content":139},[140],{"text":141,"type":22,"marks":142},"Financial advisors near me",[143],{"type":31,"attrs":144},{"href":145,"uuid":146,"anchor":34,"target":35,"linktype":74},"/discover/financial-advice/find-a-financial-advisor-near-me","ecbad03f-43f9-48db-af9c-1e63b145b2d9","More resources",{"CTA":149,"_uid":160,"title":161,"component":59,"overview_link":162,"main_section_links":176,"main_section_title":132,"additional_section_links":229,"additional_section_title":147},[150],{"_uid":151,"link":152,"component":56},"8e607e09-445b-4f4c-9615-e8d266f35612",{"type":15,"content":153},[154],{"type":18,"content":155},[156],{"text":51,"type":22,"marks":157},[158],{"type":31,"attrs":159},{"href":55,"uuid":34,"anchor":34,"target":35,"linktype":36},"85c0c112-23fe-46b2-ae32-196f05710318","Retirement",[163],{"_uid":164,"link":165,"component":56},"bbf6b9e2-609e-4a82-ab5d-5ad9d07bd1a1",{"type":15,"content":166},[167],{"type":18,"content":168},[169],{"text":170,"type":22,"marks":171},"All retirement guides",[172],{"type":31,"attrs":173},{"href":174,"uuid":175,"anchor":34,"target":35,"linktype":74},"/discover/retirement/","0580c990-ee0a-4287-ac8d-d2e4689a1051",[177,190,203,216],{"_uid":178,"link":179,"component":56},"28f1d44a-d98d-4b93-9a4f-3893950dbcc0",{"type":15,"content":180},[181],{"type":18,"content":182},[183],{"text":184,"type":22,"marks":185},"Retiring on $300K",[186],{"type":31,"attrs":187},{"href":188,"uuid":189,"anchor":34,"target":35,"linktype":74},"/discover/retirement/can-you-retire-on-300k","73defa57-75a4-4cf8-8cf7-15ba93619e2c",{"_uid":191,"link":192,"component":56},"9872bd56-d9cb-4b13-88e5-a336f0246043",{"type":15,"content":193},[194],{"type":18,"content":195},[196],{"text":197,"type":22,"marks":198},"Retiring on $500K",[199],{"type":31,"attrs":200},{"href":201,"uuid":202,"anchor":34,"target":35,"linktype":74},"/discover/retirement/can-you-retire-on-500k","33db366d-aae1-49e7-afdd-62751a0fbd10",{"_uid":204,"link":205,"component":56},"48b2cd52-8bf8-4fe3-9a91-835a353cacbb",{"type":15,"content":206},[207],{"type":18,"content":208},[209],{"text":210,"type":22,"marks":211},"Retiring on $800K",[212],{"type":31,"attrs":213},{"href":214,"uuid":215,"anchor":34,"target":35,"linktype":74},"/discover/retirement/retiring-with-800k","42a16b7d-6141-4422-8909-87718b57d06d",{"_uid":217,"link":218,"component":56},"68aa3dbb-59d2-4dec-ab2c-8a74355de45d",{"type":15,"content":219},[220],{"type":18,"content":221},[222],{"text":223,"type":22,"marks":224},"Retiring on $1 million",[225],{"type":31,"attrs":226},{"href":227,"uuid":228,"anchor":34,"target":35,"linktype":74},"/discover/retirement/can-you-retire-on-1-million","4a022cdb-ad83-4b88-ab6a-87b8e39f482e",[230,243,256],{"_uid":231,"link":232,"component":56},"544b38e5-ba7a-4b9d-b8e0-86a11eae4381",{"type":15,"content":233},[234],{"type":18,"content":235},[236],{"text":237,"type":22,"marks":238},"Retirement calculator",[239],{"type":31,"attrs":240},{"href":241,"uuid":242,"anchor":34,"target":35,"linktype":74},"/discover/retirement/retirement-calculator","e750018f-e90c-4df6-b63a-97268dfdf93c",{"_uid":244,"link":245,"component":56},"20fc13a0-0418-4af1-a0c2-2c647dbbc39e",{"type":15,"content":246},[247],{"type":18,"content":248},[249],{"text":250,"type":22,"marks":251},"Roth IRA calculator",[252],{"type":31,"attrs":253},{"href":254,"uuid":255,"anchor":34,"target":35,"linktype":74},"/discover/retirement/roth-ira-calculator","58116e58-282b-41cd-8932-b47bebec7568",{"_uid":257,"link":258,"component":56},"5c17edab-55c5-4b48-bddd-7779f22984ec",{"type":15,"content":259},[260],{"type":18,"content":261},[262],{"text":263,"type":22,"marks":264},"What is a 401k",[265],{"type":31,"attrs":266},{"href":267,"uuid":268,"anchor":34,"target":35,"linktype":74},"/discover/investing/what-is-a-401k-and-how-does-it-work","342bd874-c9e1-426c-bba7-116d1f9665dc",{"CTA":270,"_uid":281,"title":282,"component":59,"overview_link":283,"main_section_links":297,"main_section_title":132,"additional_section_links":354,"additional_section_title":147},[271],{"_uid":272,"link":273,"component":56},"aada5723-1aa7-40fc-a2e8-a555f6d924cc",{"type":15,"content":274},[275],{"type":18,"content":276},[277],{"text":51,"type":22,"marks":278},[279],{"type":31,"attrs":280},{"href":55,"uuid":34,"anchor":34,"target":35,"linktype":36},"495763d1-ee75-4112-9ef6-5765d8c6a6be","Investing",[284],{"_uid":285,"link":286,"component":56},"66d9a1fe-709f-46f9-9731-2f59ebccb2cc",{"type":15,"content":287},[288],{"type":18,"content":289},[290],{"text":291,"type":22,"marks":292},"All investing guides",[293],{"type":31,"attrs":294},{"href":295,"uuid":296,"anchor":34,"target":35,"linktype":74},"/discover/investing/","740d32ec-309a-43d6-902e-cb1e62bd0fe8",[298,312,326,340],{"_uid":299,"link":300,"component":56},"f2050b75-554a-4add-a9e6-8bfa544307d6",{"type":15,"content":301},[302],{"type":18,"attrs":303,"content":304},{"textAlign":34},[305],{"text":306,"type":22,"marks":307},"The best way to invest $20k",[308],{"type":31,"attrs":309},{"href":310,"uuid":311,"anchor":34,"target":35,"linktype":74},"/discover/investing/best-way-to-invest-20k","d39e5bf4-d7b4-426a-a6f2-b871031e724e",{"_uid":313,"link":314,"component":56},"2fc43030-f262-4a71-99c2-39167ce30cce",{"type":15,"content":315},[316],{"type":18,"attrs":317,"content":318},{"textAlign":34},[319],{"text":320,"type":22,"marks":321},"The best way to invest $50k",[322],{"type":31,"attrs":323},{"href":324,"uuid":325,"anchor":34,"target":35,"linktype":74},"/discover/investing/the-best-way-to-invest-50k","abac014e-4ec8-42ae-94a0-64cfdff686d5",{"_uid":327,"link":328,"component":56},"8df420ce-d8dd-4a7a-8947-50fa74ecf8e6",{"type":15,"content":329},[330],{"type":18,"attrs":331,"content":332},{"textAlign":34},[333],{"text":334,"type":22,"marks":335},"The best way to invest $100k",[336],{"type":31,"attrs":337},{"href":338,"uuid":339,"anchor":34,"target":35,"linktype":74},"/discover/investing/the-best-way-to-invest-100k","2c6b4fe9-770f-409a-93cd-791df4eb9318",{"_uid":341,"link":342,"component":56},"fed4141f-0a48-4752-9e11-7253956a4418",{"type":15,"content":343},[344],{"type":18,"attrs":345,"content":346},{"textAlign":34},[347],{"text":348,"type":22,"marks":349},"Investments that pay a monthly income",[350],{"type":31,"attrs":351},{"href":352,"uuid":353,"anchor":34,"target":35,"linktype":74},"/discover/investing/12-investments-that-pay-monthly-income","0898e500-1457-4990-be41-57a3c68d3e9f",[355],{"_uid":356,"link":357,"component":56},"ace14b44-4a28-432f-bf49-e7bd63d0bf4d",{"type":15,"content":358},[359],{"type":18,"content":360},[361],{"text":362,"type":22,"marks":363},"Compound interest calculator",[364],{"type":31,"attrs":365},{"href":366,"uuid":367,"anchor":34,"target":35,"linktype":74},"/discover/investing/compound-interest-calculator","18ece990-d9e2-4dad-8816-fdd320af3dc0",{"CTA":369,"_uid":380,"title":381,"component":59,"overview_link":382,"main_section_links":396,"main_section_title":132,"additional_section_links":439,"additional_section_title":147},[370],{"_uid":371,"link":372,"component":56},"be29d26a-051b-4ce8-984b-36035ef7a503",{"type":15,"content":373},[374],{"type":18,"content":375},[376],{"text":51,"type":22,"marks":377},[378],{"type":31,"attrs":379},{"href":55,"uuid":34,"anchor":34,"target":35,"linktype":36},"b04c8a90-f17c-40ea-a4d5-554e8c69aa14","Banking",[383],{"_uid":384,"link":385,"component":56},"482cacd4-2995-4939-8c56-c9a74ea0236b",{"type":15,"content":386},[387],{"type":18,"content":388},[389],{"text":390,"type":22,"marks":391},"All banking guides",[392],{"type":31,"attrs":393},{"href":394,"uuid":395,"anchor":34,"target":35,"linktype":74},"/discover/banking/","d8de9283-4031-440b-be2f-01ac9349324e",[397,411,425],{"_uid":398,"link":399,"component":56},"0b07ede1-5220-4d9e-9f85-c474d743a260",{"type":15,"content":400},[401],{"type":18,"attrs":402,"content":403},{"textAlign":34},[404],{"text":405,"type":22,"marks":406},"What is private banking",[407],{"type":31,"attrs":408},{"href":409,"uuid":410,"anchor":34,"target":35,"linktype":74},"/discover/banking/what-is-private-banking","b1c04c35-0a8a-4af5-ace1-672aa41f133d",{"_uid":412,"link":413,"component":56},"caa1ee0a-c417-4cfb-b3d3-025466ab1b98",{"type":15,"content":414},[415],{"type":18,"attrs":416,"content":417},{"textAlign":34},[418],{"text":419,"type":22,"marks":420},"US income breakdown",[421],{"type":31,"attrs":422},{"href":423,"uuid":424,"anchor":34,"target":35,"linktype":74},"/discover/banking/how-much-income-puts-you-in-the-top-1-5-or-10","ddda3782-1859-49a4-82ed-935303e2bec6",{"_uid":426,"link":427,"component":56},"6a0937f3-2014-431f-a77c-95e748072003",{"type":15,"content":428},[429],{"type":18,"attrs":430,"content":431},{"textAlign":34},[432],{"text":433,"type":22,"marks":434},"Cost of living in Florida",[435],{"type":31,"attrs":436},{"href":437,"uuid":438,"anchor":34,"target":35,"linktype":74},"/discover/banking/what-is-the-cost-of-living-in-florida","9c970b27-4644-43af-834f-eba5f1ae136a",[],{"CTA":441,"_uid":452,"title":453,"component":59,"overview_link":454,"main_section_links":468,"main_section_title":132,"additional_section_links":525,"additional_section_title":147},[442],{"_uid":443,"link":444,"component":56},"f2cea9b3-b01d-4bbf-b18b-52a0737eaf3c",{"type":15,"content":445},[446],{"type":18,"content":447},[448],{"text":51,"type":22,"marks":449},[450],{"type":31,"attrs":451},{"href":55,"uuid":34,"anchor":34,"target":35,"linktype":36},"a5e4b27e-1713-42d5-9597-6882a94968c0","Taxes",[455],{"_uid":456,"link":457,"component":56},"40d47d8f-3a14-4596-9d64-337daeb3fbf5",{"type":15,"content":458},[459],{"type":18,"content":460},[461],{"text":462,"type":22,"marks":463},"All tax guides",[464],{"type":31,"attrs":465},{"href":466,"uuid":467,"anchor":34,"target":35,"linktype":74},"/discover/taxes/","cff941f3-03a9-464a-b168-0d9b1eef9ce4",[469,483,497,511],{"_uid":470,"link":471,"component":56},"e366294b-be7d-47bb-b127-25b39aab3467",{"type":15,"content":472},[473],{"type":18,"attrs":474,"content":475},{"textAlign":34},[476],{"text":477,"type":22,"marks":478},"Capital gains tax for seniors",[479],{"type":31,"attrs":480},{"href":481,"uuid":482,"anchor":34,"target":35,"linktype":74},"/discover/taxes/capital-gains-tax-exemption-for-seniors-what-does-it-mean-for-you","62ae1223-58e7-4fe8-9081-2a9d047cfb84",{"_uid":484,"link":485,"component":56},"336d1192-6b9d-4a98-8922-1877072f3003",{"type":15,"content":486},[487],{"type":18,"attrs":488,"content":489},{"textAlign":34},[490],{"text":491,"type":22,"marks":492},"Capital gains tax by state",[493],{"type":31,"attrs":494},{"href":495,"uuid":496,"anchor":34,"target":35,"linktype":74},"/discover/taxes/capital-gains-tax-by-state","94d6ce4a-1ba6-444f-a41d-4ae541b99b79",{"_uid":498,"link":499,"component":56},"7450de66-1ff3-447c-b191-1f75166a6046",{"type":15,"content":500},[501],{"type":18,"attrs":502,"content":503},{"textAlign":34},[504],{"text":505,"type":22,"marks":506},"Understanding capital gains tax",[507],{"type":31,"attrs":508},{"href":509,"uuid":510,"anchor":34,"target":35,"linktype":74},"/discover/retirement/how-much-is-capital-gains-tax","8442c69d-4c88-4d2e-8fa4-08275191bab0",{"_uid":512,"link":513,"component":56},"8050ded3-889f-43b0-92b3-30adad9ac076",{"type":15,"content":514},[515],{"type":18,"attrs":516,"content":517},{"textAlign":34},[518],{"text":519,"type":22,"marks":520},"Tax in Washington",[521],{"type":31,"attrs":522},{"href":523,"uuid":524,"anchor":34,"target":35,"linktype":74},"/discover/taxes/washington-tax-guide","2462451b-7f16-4364-8471-f78939478e7e",[526],{"_uid":527,"link":528,"component":56},"b11dcfe9-a823-4859-8965-d32bab7873e9",{"type":15,"content":529},[530],{"type":18,"content":531},[532],{"text":533,"type":22,"marks":534},"Capital Gains Tax Calculator",[535],{"type":31,"attrs":536},{"href":537,"uuid":34,"anchor":34,"target":35,"linktype":36},"https://www.unbiased.com/discover/taxes/capital-gains-tax-calculator",[539,544,546,548,550,554],{"_uid":540,"href":174,"text":541,"component":542,"openInNewWindow":543},"4654e725-33d3-4fa3-8917-b2a73f05752c"," Retirement","app-link",false,{"_uid":545,"href":295,"text":282,"component":542,"openInNewWindow":543},"3e1f2e86-310c-4ee1-be2b-c9100443d53f",{"_uid":547,"href":394,"text":381,"component":542,"openInNewWindow":543},"fa006314-3e85-43c3-9267-bb87f84a1ebc",{"_uid":549,"href":466,"text":453,"component":542,"openInNewWindow":543},"9d69eda3-6dcc-49fb-a519-f61cb97a40ff",{"_uid":551,"href":552,"text":553,"component":542,"openInNewWindow":543},"ecf272f5-571f-41aa-a069-75c81ec617e8","/discover/insurance/","Insurance",{"_uid":555,"href":556,"text":557,"component":542,"openInNewWindow":558},"0acdc588-18e3-4e41-872b-1d528d985164","/about-us","About us",true,"https://v2.unbiased.com/consumer/login","/pro",[562,575,589,603,617,630],{"_uid":563,"link":564,"component":56},"72cfe613-7b21-4cc0-acbf-66a38dab3eee",{"type":15,"content":565},[566],{"type":18,"content":567},[568],{"text":569,"type":22,"marks":570},"Pricing",[571],{"type":31,"attrs":572},{"href":573,"uuid":34,"anchor":34,"custom":574,"target":35,"linktype":36},"https://www.unbiased.com/pages/pricing",{},{"_uid":576,"link":577,"component":56},"cb14e1ca-f377-41ec-b053-b97ef2aeb42f",{"type":15,"content":578},[579],{"type":18,"content":580},[581],{"text":582,"type":22,"marks":583},"Business Growth",[584],{"type":31,"attrs":585},{"href":586,"uuid":587,"anchor":34,"custom":588,"target":35,"linktype":74},"/pro/discover/business-growth/","022b5ef6-975b-4f56-8d38-66f137e7901f",{},{"_uid":590,"link":591,"component":56},"6cdc93ad-5d74-4c39-9342-0ed49e309979",{"type":15,"content":592},[593],{"type":18,"content":594},[595],{"text":596,"type":22,"marks":597},"Trends & Insight",[598],{"type":31,"attrs":599},{"href":600,"uuid":601,"anchor":34,"custom":602,"target":35,"linktype":74},"/pro/discover/trends-insight/","4b364e23-68e6-4009-a852-83d5e327c796",{},{"_uid":604,"link":605,"component":56},"0404c041-e645-42fe-8932-be896a82902e",{"type":15,"content":606},[607],{"type":18,"content":608},[609],{"text":610,"type":22,"marks":611},"News",[612],{"type":31,"attrs":613},{"href":614,"uuid":615,"anchor":34,"custom":616,"target":35,"linktype":74},"/pro/discover/news/","829a2a75-d3fb-454c-a50c-c7f8212ea16b",{},{"_uid":618,"link":619,"component":56},"7f208f7d-d0f3-417c-8cc8-c135e72a8a74",{"type":15,"content":620},[621],{"type":18,"content":622},[623],{"text":624,"type":22,"marks":625},"Help",[626],{"type":31,"attrs":627},{"href":628,"uuid":34,"anchor":34,"custom":629,"target":35,"linktype":36},"https://www.unbiased.com/pages/pro/faqs",{},{"_uid":631,"link":632,"component":56},"f4ec7388-9b0f-42ef-96b0-38feb0f276e1",{"type":15,"content":633},[634],{"type":18,"content":635},[636],{"text":637,"type":22,"marks":638},"Login",[639],{"type":31,"attrs":640},{"href":641,"uuid":34,"anchor":34,"custom":642,"target":35,"linktype":36},"https://v2.unbiased.com/pro/login",{},[],"Are you an advisor?",[646,650,654,658,662],{"_uid":647,"href":648,"text":649,"component":542,"openInNewWindow":543},"5a4588d0-87e3-4ae5-963f-bd3ca35a1bf7","https://www.unbiased.com/faq","FAQ",{"_uid":651,"href":652,"text":653,"component":542,"openInNewWindow":543},"85a086a2-d420-43a6-a1e6-d8cfcc52a584","/terms-of-use","Terms of Use",{"_uid":655,"href":656,"text":657,"component":542,"openInNewWindow":543},"bd58e670-f5ff-4936-adbe-5aa73c990cdf","/privacy-policy","Privacy Policy",{"_uid":659,"href":660,"text":661,"component":542,"openInNewWindow":558},"eafa26a7-3b78-4f00-954e-f1ebc3115542","https://reports.adviserinfo.sec.gov/reports/ADV/323880/PDF/323880.pdf","Unbiased ADV",{"_uid":663,"href":664,"text":665,"component":542,"openInNewWindow":558},"2cbcf581-9d60-443b-9e63-9e95be09afad","https://reports.adviserinfo.sec.gov/crs/crs_323880.pdf","Unbiased CRS","https://www.unbiased.co.uk","Unbiased Inc. is a registered investment advisor with the US Securities and Exchange Commission (“SEC”). Registration as an investment advisor does not imply a certain level of skill or training.",[669,673,677,681,685],{"_uid":670,"href":671,"text":672,"component":542,"openInNewWindow":543},"2ca50944-e323-4559-9c46-b77eb4bce616","//www.instagram.com/unbiased.us/","Instagram",{"_uid":674,"href":675,"text":676,"component":542,"openInNewWindow":543},"278b2358-e4c6-491b-b011-425b4bd0b709","//www.youtube.com/@Unbiased","YouTube",{"_uid":678,"href":679,"text":680,"component":542,"openInNewWindow":543},"dccca61f-0426-4778-a54b-1944ab1ae71f","//twitter.com/Unbiased_us","Twitter",{"_uid":682,"href":683,"text":684,"component":542,"openInNewWindow":543},"6e6372d5-1f37-43fb-a849-8868877530c8","//www.facebook.com/unbiasedus","Facebook",{"_uid":686,"href":687,"text":688,"component":542,"openInNewWindow":558},"c3a97f2f-ee67-4516-9529-6aff38733af2","https://www.linkedin.com/showcase/unbiased.com/","LinkedIn","Go to UK site","It looks like you’re visiting from the UK. Would you like to visit our UK site?",[],"Stay on US site","You’re currently on our US site",[695],{"_uid":696,"heading":697,"cta_link":55,"cta_text":698,"component":699,"description":700,"pro_heading":701,"pro_cta_link":33,"pro_cta_text":702,"pro_description":703},"7404adca-dc5b-443e-a1b4-4c8bed2673b3","Financial advice","Match with an advisor","sidebar_cta","We’ll find a professional perfectly matched to your needs. Getting started is easy, fast and free.","Access high-quality leads in minutes with UnbiasedPro","Get perfect clients now.","If you're looking for the perfect clients we'll deliver them straight to your inbox and give you the tools to manage them throughout the sales process.",[705],{"_uid":706,"title":707,"CTAText":708,"subtitle":709,"component":710,"errorTitle":711,"description":712,"successTitle":713,"errorSubtitle":714,"successSubtitle":715,"consentCheckboxLabelText":716,"errorMesageFirstNameError":717,"consentCheckboxLabelLinkURL":656,"consentCheckboxLabelLinkText":718,"errorMessageRequiredFieldEmail":719,"errorMessageIncorrectEmailFormat":720,"errorMessageRequiredFieldConsent":721,"errorMessageRequiredFieldInterest":722,"errorMessageRequiredFieldFirstName":723},"8ca4fd8f-da99-489f-aa1b-fcfabdd8b7e3","Get the latest news and tips","Sign up for email updates","Sign up for news that may impact your finances","sidebar-email-signup","Sorry, there was a technical problem","Receive the latest news, tips and guides to help you manage your finances","Thanks for signing up!","Please try again later, or email contact@unbiased.com","You should receive an email confirmation shortly.","I consent to Unbiased storing my data in accordance with their","Too many characters","privacy policy","Your email address is required","Your email address contains errors","Your consent is required","Your interest is required","Your first name is required","config",-60,[],0,"c7c18fda-2d94-4a2f-9d60-e1fee25d980a","2022-11-21T10:48:58.546Z","default",[],{"left":727,"top":727,"width":733,"height":733,"rotate":727,"vFlip":543,"hFlip":543,"body":734},256,"\u003Cpath fill=\"currentColor\" d=\"m216.49 104.49l-80 80a12 12 0 0 1-17 0l-80-80a12 12 0 0 1 17-17L128 159l71.51-71.52a12 12 0 0 1 17 17Z\"/>",{"left":727,"top":727,"width":733,"height":733,"rotate":727,"vFlip":543,"hFlip":543,"body":736},"\u003Cpath fill=\"currentColor\" d=\"m229.66 218.34l-50.07-50.06a88.11 88.11 0 1 0-11.31 11.31l50.06 50.07a8 8 0 0 0 11.32-11.32M40 112a72 72 0 1 1 72 72a72.08 72.08 0 0 1-72-72\"/>",{"left":727,"top":727,"width":733,"height":733,"rotate":727,"vFlip":543,"hFlip":543,"body":738},"\u003Cpath fill=\"currentColor\" d=\"M224 128a8 8 0 0 1-8 8H40a8 8 0 0 1 0-16h176a8 8 0 0 1 8 8M40 72h176a8 8 0 0 0 0-16H40a8 8 0 0 0 0 16m176 112H40a8 8 0 0 0 0 16h176a8 8 0 0 0 0-16\"/>",{"left":727,"top":727,"width":733,"height":733,"rotate":727,"vFlip":543,"hFlip":543,"body":740},"\u003Cpath fill=\"currentColor\" d=\"M128 80a48 48 0 1 0 48 48a48.05 48.05 0 0 0-48-48m0 80a32 32 0 1 1 32-32a32 32 0 0 1-32 32m48-136H80a56.06 56.06 0 0 0-56 56v96a56.06 56.06 0 0 0 56 56h96a56.06 56.06 0 0 0 56-56V80a56.06 56.06 0 0 0-56-56m40 152a40 40 0 0 1-40 40H80a40 40 0 0 1-40-40V80a40 40 0 0 1 40-40h96a40 40 0 0 1 40 40ZM192 76a12 12 0 1 1-12-12a12 12 0 0 1 12 12\"/>",{"left":727,"top":727,"width":733,"height":733,"rotate":727,"vFlip":543,"hFlip":543,"body":742},"\u003Cpath fill=\"currentColor\" d=\"m164.44 121.34l-48-32A8 8 0 0 0 104 96v64a8 8 0 0 0 12.44 6.66l48-32a8 8 0 0 0 0-13.32M120 145.05V111l25.58 17Zm114.33-75.53a24 24 0 0 0-14.49-16.4C185.56 39.88 131 40 128 40s-57.56-.12-91.84 13.12a24 24 0 0 0-14.49 16.4C19.08 79.5 16 97.74 16 128s3.08 48.5 5.67 58.48a24 24 0 0 0 14.49 16.41C69 215.56 120.4 216 127.34 216h1.32c6.94 0 58.37-.44 91.18-13.11a24 24 0 0 0 14.49-16.41c2.59-10 5.67-28.22 5.67-58.48s-3.08-48.5-5.67-58.48m-15.49 113a8 8 0 0 1-4.77 5.49c-31.65 12.22-85.48 12-86 12H128c-.54 0-54.33.2-86-12a8 8 0 0 1-4.77-5.49C34.8 173.39 32 156.57 32 128s2.8-45.39 5.16-54.47A8 8 0 0 1 41.93 68c30.52-11.79 81.66-12 85.85-12h.27c.54 0 54.38-.18 86 12a8 8 0 0 1 4.77 5.49C221.2 82.61 224 99.43 224 128s-2.8 45.39-5.16 54.47Z\"/>",{"left":727,"top":727,"width":733,"height":733,"rotate":727,"vFlip":543,"hFlip":543,"body":744},"\u003Cpath fill=\"currentColor\" d=\"m214.75 211.71l-62.6-98.38l61.77-67.95a8 8 0 0 0-11.84-10.76l-58.84 64.72l-40.49-63.63A8 8 0 0 0 96 32H48a8 8 0 0 0-6.75 12.3l62.6 98.37l-61.77 68a8 8 0 1 0 11.84 10.76l58.84-64.72l40.49 63.63A8 8 0 0 0 160 224h48a8 8 0 0 0 6.75-12.29M164.39 208L62.57 48h29l101.86 160Z\"/>",{"left":727,"top":727,"width":733,"height":733,"rotate":727,"vFlip":543,"hFlip":543,"body":746},"\u003Cpath fill=\"currentColor\" d=\"M128 24a104 104 0 1 0 104 104A104.11 104.11 0 0 0 128 24m8 191.63V152h24a8 8 0 0 0 0-16h-24v-24a16 16 0 0 1 16-16h16a8 8 0 0 0 0-16h-16a32 32 0 0 0-32 32v24H96a8 8 0 0 0 0 16h24v63.63a88 88 0 1 1 16 0\"/>",{"left":727,"top":727,"width":733,"height":733,"rotate":727,"vFlip":543,"hFlip":543,"body":748},"\u003Cpath fill=\"currentColor\" d=\"M216 24H40a16 16 0 0 0-16 16v176a16 16 0 0 0 16 16h176a16 16 0 0 0 16-16V40a16 16 0 0 0-16-16m0 192H40V40h176zM96 112v64a8 8 0 0 1-16 0v-64a8 8 0 0 1 16 0m88 28v36a8 8 0 0 1-16 0v-36a20 20 0 0 0-40 0v36a8 8 0 0 1-16 0v-64a8 8 0 0 1 15.79-1.78A36 36 0 0 1 184 140m-84-56a12 12 0 1 1-12-12a12 12 0 0 1 12 12\"/>",{"name":750,"created_at":751,"published_at":752,"updated_at":753,"id":754,"uuid":755,"content":756,"slug":1486,"full_slug":1568,"sort_by_date":34,"position":1569,"tag_list":1570,"is_startpage":543,"parent_id":1571,"meta_data":34,"group_id":1572,"first_published_at":1573,"release_id":34,"lang":730,"path":34,"alternates":1574,"default_full_slug":34,"translated_slugs":34},"What is indexed universal life insurance (IUL), and how does it work? ","2024-01-11T09:23:12.364Z","2024-11-27T10:58:56.787Z","2024-11-27T10:58:56.826Z",426036308,"1820142c-b202-4acf-91fc-fb605a6efdb2",{"_uid":757,"body":758,"hero":1481,"author":1506,"sidebar":1530,"hide_cta":543,"metatags":1559,"component":1563,"bottom_banner":1564,"subcategories":1565,"hide_pro_banner":543,"intro_paragraph":1566,"intro_subheading":12,"table_of_contents":558,"outgrow_calculator":1567,"hide_email_signup_widget":543,"show_footer_sticky_banner":543},"f34c4e38-f419-46a6-bd84-32ec92c3bb3f",[759,1077,1080,1445,1449],{"_uid":760,"data":761,"component":1076},"6b3fe0a8-be36-4bb9-ad29-3d87bc9d56ab",{"type":15,"content":762},[763,774,827,836,843,863,870,947,954,976,985,991,998,1011,1024,1037,1063],{"type":764,"attrs":765,"content":767},"heading",{"level":766},2,[768],{"text":769,"type":22,"marks":770},"Summary",[771,772],{"type":38},{"type":129,"attrs":773},{"color":12},{"type":775,"content":776},"bullet_list",[777,787,796,805],{"type":778,"content":779},"list_item",[780],{"type":18,"content":781},[782],{"text":783,"type":22,"marks":784},"IUL is a permanent life insurance policy offering a death benefit and a cash value component. ",[785],{"type":129,"attrs":786},{"color":12},{"type":778,"content":788},[789],{"type":18,"content":790},[791],{"text":792,"type":22,"marks":793},"There are multiple key features of an IUL, including death benefits, flexible premiums, and guaranteed minimum interest.",[794],{"type":129,"attrs":795},{"color":12},{"type":778,"content":797},[798],{"type":18,"content":799},[800],{"text":801,"type":22,"marks":802},"IUL works by combining elements of traditional life insurance with investment components tied to the performance of a stock market index.  ",[803],{"type":129,"attrs":804},{"color":12},{"type":778,"content":806},[807],{"type":18,"content":808},[809,814,822],{"text":810,"type":22,"marks":811},"A ",[812],{"type":129,"attrs":813},{"color":12},{"text":815,"type":22,"marks":816},"financial advisor",[817,820],{"type":31,"attrs":818},{"href":819,"uuid":34,"anchor":34,"target":34,"linktype":36},"https://v2.unbiased.com/inquiry/financial-advisor/advice-areas/",{"type":129,"attrs":821},{"color":12},{"text":823,"type":22,"marks":824}," is the best place to start if you want to determine if IUL is the right fit for your financial goals and needs. ",[825],{"type":129,"attrs":826},{"color":12},{"type":764,"attrs":828,"content":829},{"level":766},[830],{"text":831,"type":22,"marks":832},"What is indexed universal life insurance (IUL)?  ",[833,834],{"type":38},{"type":129,"attrs":835},{"color":12},{"type":18,"content":837},[838],{"text":839,"type":22,"marks":840},"Indexed universal life insurance (IUL) is a permanent life insurance policy offering a death benefit and a cash value component.  ",[841],{"type":129,"attrs":842},{"color":12},{"type":18,"content":844},[845,850,858],{"text":846,"type":22,"marks":847},"It is a hybrid insurance product that combines traditional universal life insurance features with the potential for cash value growth linked to the performance of a stock market index, such as the S&P 500 or ",[848],{"type":129,"attrs":849},{"color":12},{"text":851,"type":22,"marks":852},"Nasdaq 100",[853,856],{"type":31,"attrs":854},{"href":855,"uuid":34,"anchor":34,"target":35,"linktype":36},"https://www.nasdaq.com/",{"type":129,"attrs":857},{"color":12},{"text":859,"type":22,"marks":860},". ",[861],{"type":129,"attrs":862},{"color":12},{"type":18,"content":864},[865],{"text":866,"type":22,"marks":867},"Key features of indexed universal life insurance are: ",[868],{"type":129,"attrs":869},{"color":12},{"type":775,"content":871},[872,887,902,917,932],{"type":778,"content":873},[874],{"type":18,"content":875},[876,882],{"text":877,"type":22,"marks":878},"Death benefit:",[879,880],{"type":38},{"type":129,"attrs":881},{"color":12},{"text":883,"type":22,"marks":884}," Like other types of life insurance, IUL provides a death benefit that pays out to your beneficiaries when you pass away. This benefit is generally income-tax-free. ",[885],{"type":129,"attrs":886},{"color":12},{"type":778,"content":888},[889],{"type":18,"content":890},[891,897],{"text":892,"type":22,"marks":893},"Premium flexibility:",[894,895],{"type":38},{"type":129,"attrs":896},{"color":12},{"text":898,"type":22,"marks":899}," IUL policies typically allow policyholders to adjust the amount and frequency of premium payments within certain limits. This flexibility can be useful for individuals who want to adapt their policy to changing financial circumstances. ",[900],{"type":129,"attrs":901},{"color":12},{"type":778,"content":903},[904],{"type":18,"content":905},[906,912],{"text":907,"type":22,"marks":908},"Cash value component:",[909,910],{"type":38},{"type":129,"attrs":911},{"color":12},{"text":913,"type":22,"marks":914}," IUL policies build cash value over time, which can be accessed or borrowed against while you're alive. The cash value grows based on the performance of an underlying stock market index, but it is usually protected from market downturns through a minimum guaranteed interest rate. ",[915],{"type":129,"attrs":916},{"color":12},{"type":778,"content":918},[919],{"type":18,"content":920},[921,927],{"text":922,"type":22,"marks":923},"Indexing and floor protection:",[924,925],{"type":38},{"type":129,"attrs":926},{"color":12},{"text":928,"type":22,"marks":929}," The cash value growth is tied to the performance of an index, such as the S&P 500. When the index performs well, the cash value can increase, subject to participation rates, caps and other limitations the insurance company sets. However, IUL policies typically include a floor or minimum guaranteed interest rate, ensuring that the cash value won't go negative even if the indexed market performs poorly. On the other hand, your policy may be capped at, for example, 10%, meaning your cash value will not increase by more than 10% even if the index goes up by more. ",[930],{"type":129,"attrs":931},{"color":12},{"type":778,"content":933},[934],{"type":18,"content":935},[936,942],{"text":937,"type":22,"marks":938},"Tax Benefits:",[939,940],{"type":38},{"type":129,"attrs":941},{"color":12},{"text":943,"type":22,"marks":944}," IUL policies offer potential tax advantages. The cash value grows tax-deferred, meaning you won't pay income tax on the gains as long as the money remains inside the policy. Additionally, withdrawals and loans from the policy can be structured to be tax-free under certain conditions. ",[945],{"type":129,"attrs":946},{"color":12},{"type":18,"content":948},[949],{"text":950,"type":22,"marks":951},"If you’re considering making a big financial commitment and taking out IUL, it’s wise to speak to a financial advisor. They can help you make confident financial decisions and choose the right plan for you.",[952],{"type":129,"attrs":953},{"color":12},{"type":18,"content":955},[956,962,970],{"text":957,"type":22,"marks":958},"Unbiased can match you with a financial advisor perfectly suited to meet your needs. ",[959,960],{"type":38},{"type":129,"attrs":961},{"color":12},{"text":963,"type":22,"marks":964},"Find your financial advisor now. ",[965,967,968],{"type":31,"attrs":966},{"href":819,"uuid":34,"anchor":34,"target":34,"linktype":36},{"type":38},{"type":129,"attrs":969},{"color":12},{"text":971,"type":22,"marks":972}," ",[973,974],{"type":38},{"type":129,"attrs":975},{"color":12},{"type":764,"attrs":977,"content":978},{"level":766},[979],{"text":980,"type":22,"marks":981},"How does IUL work?  ",[982,983],{"type":38},{"type":129,"attrs":984},{"color":12},{"type":18,"content":986},[987],{"text":801,"type":22,"marks":988},[989],{"type":129,"attrs":990},{"color":12},{"type":18,"content":992},[993],{"text":994,"type":22,"marks":995},"So, how does IUL work? ",[996],{"type":129,"attrs":997},{"color":12},{"type":18,"content":999},[1000,1006],{"text":1001,"type":22,"marks":1002},"1. Purchase of the policy",[1003,1004],{"type":38},{"type":129,"attrs":1005},{"color":12},{"text":1007,"type":22,"marks":1008},": As the policyholder, you purchase an IUL policy from an insurance company. When you buy the policy, you'll typically decide on the death benefit amount (the amount paid to your beneficiaries upon your death) and the premium payments. ",[1009],{"type":129,"attrs":1010},{"color":12},{"type":18,"content":1012},[1013,1019],{"text":1014,"type":22,"marks":1015},"2. Premium payments",[1016,1017],{"type":38},{"type":129,"attrs":1018},{"color":12},{"text":1020,"type":22,"marks":1021},": You make regular premium payments into the policy, which are typically flexible within certain limits. These payments can be monthly, quarterly or annually, and you can adjust the amount of the premium payments as your financial circumstances change. ",[1022],{"type":129,"attrs":1023},{"color":12},{"type":18,"content":1025},[1026,1032],{"text":1027,"type":22,"marks":1028},"3. Cash value accumulation",[1029,1030],{"type":38},{"type":129,"attrs":1031},{"color":12},{"text":1033,"type":22,"marks":1034},": A portion of your premium payments goes toward the insurance cost, and the remainder is allocated to a cash value account within the policy. This cash value account grows over time based on the performance of an underlying stock market index. ",[1035],{"type":129,"attrs":1036},{"color":12},{"type":18,"content":1038},[1039,1045,1050,1058],{"text":1040,"type":22,"marks":1041},"4. Growth potential",[1042,1043],{"type":38},{"type":129,"attrs":1044},{"color":12},{"text":1046,"type":22,"marks":1047},": If your selected ",[1048],{"type":129,"attrs":1049},{"color":12},{"text":1051,"type":22,"marks":1052},"index",[1053,1056],{"type":31,"attrs":1054},{"href":1055,"uuid":34,"anchor":34,"target":35,"linktype":36},"https://www.investopedia.com/investing-in-index-funds-4771002",{"type":129,"attrs":1057},{"color":12},{"text":1059,"type":22,"marks":1060}," performs well, your cash value can increase, subject to the policy's limitations (participation rate, caps, etc.). This allows your cash value to benefit from potential market gains. ",[1061],{"type":129,"attrs":1062},{"color":12},{"type":18,"content":1064},[1065,1071],{"text":1066,"type":22,"marks":1067},"5. Policy flexibility",[1068,1069],{"type":38},{"type":129,"attrs":1070},{"color":12},{"text":1072,"type":22,"marks":1073},": IUL policies often provide flexibility regarding premium payments and death benefit adjustments. You can tailor the policy to your changing financial needs and goals. ",[1074],{"type":129,"attrs":1075},{"color":12},"article-rich-text",{"_uid":1078,"component":1079,"apply_margin_top":543,"apply_margin_bottom":543},"f08da336-d672-4379-953d-70da66509e4e","app-match-flow",{"_uid":1081,"data":1082,"component":1076},"47335ac6-e8f5-4284-91f1-7fae8dd8e264",{"type":15,"content":1083},[1084,1091,1095,1099,1137,1141,1148,1152,1160,1168,1176,1184,1192,1199,1203,1207,1211,1215,1222,1226,1234,1305,1312,1384,1391,1403,1407,1414,1418,1422,1426,1432],{"type":764,"attrs":1085,"content":1086},{"level":766},[1087],{"text":1088,"type":22,"marks":1089},"What companies offer IULs?",[1090],{"type":38},{"type":18,"content":1092},[1093],{"text":1094,"type":22},"There are multiple IUL companies available when it comes to making your decision.",{"type":18,"content":1096},[1097],{"text":1098,"type":22},"Here are some of the most well-regarded insurance companies offering IULs:",{"type":775,"content":1100},[1101,1107,1113,1119,1125,1131],{"type":778,"content":1102},[1103],{"type":18,"content":1104},[1105],{"text":1106,"type":22},"Pacific Life ",{"type":778,"content":1108},[1109],{"type":18,"content":1110},[1111],{"text":1112,"type":22},"Nationwide",{"type":778,"content":1114},[1115],{"type":18,"content":1116},[1117],{"text":1118,"type":22},"North American",{"type":778,"content":1120},[1121],{"type":18,"content":1122},[1123],{"text":1124,"type":22},"Mutual of Omaha",{"type":778,"content":1126},[1127],{"type":18,"content":1128},[1129],{"text":1130,"type":22},"Lincoln Financial Group",{"type":778,"content":1132},[1133],{"type":18,"content":1134},[1135],{"text":1136,"type":22},"John Hancock",{"type":18,"content":1138},[1139],{"text":1140,"type":22},"These companies often offer different rates, fees, premiums, and caps, so it’s important you ask your insurance companies about how these could affect your policy’s performance before making a decision.",{"type":764,"attrs":1142,"content":1143},{"level":766},[1144],{"text":1145,"type":22,"marks":1146},"How much does IUL cost? ",[1147],{"type":38},{"type":18,"content":1149},[1150],{"text":1151,"type":22},"The cost of an IUL policy can vary significantly based on several factors. We’ve mapped out the key cost considerations below: ",{"type":18,"content":1153},[1154,1158],{"text":1155,"type":22,"marks":1156},"Age and health",[1157],{"type":38},{"text":1159,"type":22},": Younger, healthier individuals typically pay lower premiums for IUL coverage. Insurance companies often use medical underwriting to assess your health and risk level. If you have pre-existing health conditions, your premiums may be higher. ",{"type":18,"content":1161},[1162,1166],{"text":1163,"type":22,"marks":1164},"Death benefit amount",[1165],{"type":38},{"text":1167,"type":22},": The higher the death benefit you choose, the higher your premiums will generally be. If you want a larger payout to your beneficiaries, you will need to pay more in premiums. ",{"type":18,"content":1169},[1170,1174],{"text":1171,"type":22,"marks":1172},"Riders and features",[1173],{"type":38},{"text":1175,"type":22},": If you add optional riders or features to your IUL policy, such as a long-term care rider or a disability income rider, your premiums will increase. ",{"type":18,"content":1177},[1178,1182],{"text":1179,"type":22,"marks":1180},"Premium payment frequency",[1181],{"type":38},{"text":1183,"type":22},": The frequency of premium payments (e.g., monthly, quarterly, annually) can affect the total cost of the policy. Some insurance companies offer discounts for annual premium payments. ",{"type":18,"content":1185},[1186,1190],{"text":1187,"type":22,"marks":1188},"Policy duration",[1189],{"type":38},{"text":1191,"type":22},": The length of time you plan to keep the policy in force can impact the cost. Generally, longer-term policies have higher total premiums compared to shorter-term policies. ",{"type":764,"attrs":1193,"content":1194},{"level":766},[1195],{"text":1196,"type":22,"marks":1197},"Can the cap on an IUL policy change?",[1198],{"type":38},{"type":18,"content":1200},[1201],{"text":1202,"type":22},"The cap is the highest interest rate your account can earn.",{"type":18,"content":1204},[1205],{"text":1206,"type":22},"Interest rates have a significant impact on cap rates. When interest rates are high, cap rates also tend to increase. Conversely, if interest rates are low, cap rates will also be down.",{"type":18,"content":1208},[1209],{"text":1210,"type":22},"However, it’s worth noting your cap will impact your cash value gains. Your cash value gains will not go above a certain threshold (your cap) even if the index performs above that threshold.",{"type":18,"content":1212},[1213],{"text":1214,"type":22},"The cap on your policy at purchase is not guaranteed. Your insurance provider can change the cap of your policy after you have purchased the policy.",{"type":764,"attrs":1216,"content":1217},{"level":766},[1218],{"text":1219,"type":22,"marks":1220},"What are the pros and cons of IUL? ",[1221],{"type":38},{"type":18,"content":1223},[1224],{"text":1225,"type":22},"It's essential to carefully consider the advantages and disadvantages of IULs before deciding if an IUL policy is the right financial product for your needs and goals: ",{"type":18,"content":1227},[1228,1232],{"text":1229,"type":22,"marks":1230},"Pros",[1231],{"type":38},{"text":1233,"type":22}," ",{"type":775,"content":1235},[1236,1246,1256,1266,1276,1285,1295],{"type":778,"content":1237},[1238],{"type":18,"content":1239},[1240,1244],{"text":1241,"type":22,"marks":1242},"Income-tax-free payout:",[1243],{"type":38},{"text":1245,"type":22}," The death benefit is typically paid out to beneficiaries tax-free, providing financial protection for your loved ones. ",{"type":778,"content":1247},[1248],{"type":18,"content":1249},[1250,1254],{"text":1251,"type":22,"marks":1252},"Tax-deferred growth:",[1253],{"type":38},{"text":1255,"type":22}," The cash value of an IUL policy grows on a tax-deferred basis, allowing you to accumulate savings without immediate tax consequences. ",{"type":778,"content":1257},[1258],{"type":18,"content":1259},[1260,1264],{"text":1261,"type":22,"marks":1262},"Potential for market-linked returns:",[1263],{"type":38},{"text":1265,"type":22}," IUL policies offer the potential for cash value growth based on the performance of a stock market index, offering the opportunity for higher returns than traditional fixed-interest policies. ",{"type":778,"content":1267},[1268],{"type":18,"content":1269},[1270,1274],{"text":1271,"type":22,"marks":1272},"Downside protection:",[1273],{"type":38},{"text":1275,"type":22}," Your cash value is protected from market losses, meaning it won't decrease in value due to poor market performance, as it has a minimum guaranteed interest rate. ",{"type":778,"content":1277},[1278],{"type":18,"content":1279},[1280,1283],{"text":892,"type":22,"marks":1281},[1282],{"type":38},{"text":1284,"type":22}," IUL policies generally allow you to adjust your premium payments within certain limits, providing flexibility to adapt to changing financial circumstances. ",{"type":778,"content":1286},[1287],{"type":18,"content":1288},[1289,1293],{"text":1290,"type":22,"marks":1291},"Death benefit and premium adjustments:",[1292],{"type":38},{"text":1294,"type":22}," You can often increase or decrease the death benefit and premium payments to align with your evolving financial goals. ",{"type":778,"content":1296},[1297],{"type":18,"content":1298},[1299,1303],{"text":1300,"type":22,"marks":1301},"Tax-free withdrawals and loans:",[1302],{"type":38},{"text":1304,"type":22}," You can access the cash value through tax-free withdrawals and loans under certain conditions, providing a source of funds for emergencies or other financial needs. ",{"type":18,"content":1306},[1307,1311],{"text":1308,"type":22,"marks":1309},"Cons:",[1310],{"type":38},{"text":1233,"type":22},{"type":775,"content":1313},[1314,1324,1334,1344,1354,1364,1374],{"type":778,"content":1315},[1316],{"type":18,"content":1317},[1318,1322],{"text":1319,"type":22,"marks":1320},"Higher premiums:",[1321],{"type":38},{"text":1323,"type":22}," IUL policies can have higher premiums than term life insurance due to their investment component and cash value growth potential. ",{"type":778,"content":1325},[1326],{"type":18,"content":1327},[1328,1332],{"text":1329,"type":22,"marks":1330},"Policy charges:",[1331],{"type":38},{"text":1333,"type":22}," Various fees and charges, such as the cost of insurance charges, administrative fees and surrender charges, can reduce the overall returns of the policy. ",{"type":778,"content":1335},[1336],{"type":18,"content":1337},[1338,1342],{"text":1339,"type":22,"marks":1340},"Complexity:",[1341],{"type":38},{"text":1343,"type":22}," IUL policies can be complex, and understanding their terms, including indexing methods, participation rates and caps, may require financial expertise. ",{"type":778,"content":1345},[1346],{"type":18,"content":1347},[1348,1352],{"text":1349,"type":22,"marks":1350},"Market dependency:",[1351],{"type":38},{"text":1353,"type":22}," The growth of cash value is linked to the performance of a stock market index. While it offers the potential for higher returns, it also carries the risk of lower or even negative returns in down markets. ",{"type":778,"content":1355},[1356],{"type":18,"content":1357},[1358,1362],{"text":1359,"type":22,"marks":1360},"Caps and participation rates:",[1361],{"type":38},{"text":1363,"type":22}," Many IUL policies have caps on the maximum interest credited to the cash value and participation rates that may limit the full participation in market gains. ",{"type":778,"content":1365},[1366],{"type":18,"content":1367},[1368,1372],{"text":1369,"type":22,"marks":1370},"Early withdrawal penalties:",[1371],{"type":38},{"text":1373,"type":22}," If you surrender the policy or withdraw cash value in the early years, you may face significant surrender charges, reducing the amount you receive. ",{"type":778,"content":1375},[1376],{"type":18,"content":1377},[1378,1382],{"text":1379,"type":22,"marks":1380},"The inflexibility of premium payments:",[1381],{"type":38},{"text":1383,"type":22}," While IUL policies offer some premium flexibility, they may require consistent premium payments over the policy's life to maintain coverage. ",{"type":764,"attrs":1385,"content":1386},{"level":766},[1387],{"text":1388,"type":22,"marks":1389},"Is IUL right for you?  ",[1390],{"type":38},{"type":18,"content":1392},[1393,1395,1401],{"text":1394,"type":22},"With higher associated costs than other life insurance products, an IUL is ideal if you have maximized other tax benefits and want an investment product linked to market conditions. An IUL can complement existing ",{"text":1396,"type":22,"marks":1397},"401(k) plans",[1398],{"type":31,"attrs":1399},{"href":1400,"uuid":34,"anchor":34,"target":35,"linktype":36},"https://www.unbiased.com/discover/retirement-investing/what-is-a-401k-and-how-does-it-work",{"text":1402,"type":22},", allowing you to benefit from market growth while limiting losses and capping gains. ",{"type":18,"content":1404},[1405],{"text":1406,"type":22},"The death benefit is generally income-tax-free, making it a valuable estate planning tool. However, it potentially provides the greatest benefit to high-net-worth individuals looking to minimize taxable income. ",{"type":764,"attrs":1408,"content":1409},{"level":766},[1410],{"text":1411,"type":22,"marks":1412},"Get expert financial advice",[1413],{"type":38},{"type":18,"content":1415},[1416],{"text":1417,"type":22},"An IUL policy can be a suitable option if you’re looking for life insurance coverage combined with the potential for cash value growth, tax advantages and flexibility in premium payments.  ",{"type":18,"content":1419},[1420],{"text":1421,"type":22},"However, it's essential to carefully review the policy's terms and conditions, fees, and the specific indexing method used, as these factors can vary significantly between insurance companies and policies.",{"type":18,"content":1423},[1424],{"text":1425,"type":22},"For this reason, consulting with a financial advisor is recommended to determine if IUL is the right fit for your financial goals and needs. ",{"type":18,"content":1427},[1428],{"text":1429,"type":22,"marks":1430},"Unbiased can help you find a financial advisor perfectly suited to meet your goals. Tell us more about what you’re looking for by completing our two-minute survey, and we’ll take care of the rest.",[1431],{"type":38},{"type":18,"content":1433},[1434,1441],{"text":1435,"type":22,"marks":1436},"Find your perfect financial advisor with Unbiased",[1437,1440],{"type":31,"attrs":1438},{"href":55,"uuid":34,"anchor":34,"target":1439,"linktype":36},"_blank",{"type":38},{"text":1442,"type":22,"marks":1443},".  ",[1444],{"type":38},{"_uid":1446,"text":1447,"component":1448},"1f1b271b-2eda-42dd-9f05-50da56586359","Frequently asked questions","article-subheading",{"_uid":1450,"component":1451,"accordions":1452},"82db4f3f-86fc-4083-bddf-ee7d6d4476bc","app-accordion-group",[1453,1463,1472],{"_uid":1454,"text":1455,"title":1461,"component":1462},"4871bfbf-d307-4045-9c96-d2a39ab6d5c7",{"type":15,"content":1456},[1457],{"type":18,"content":1458},[1459],{"text":1460,"type":22},"The 7 Pay rule advises spreading the initial premium of an Indexed Universal Life (IUL) policy over seven years instead of paying it all at once. This accelerates cash value growth and optimizes policy returns.","What is the 7 pay rule for IUL?","app-accordion",{"_uid":1464,"text":1465,"title":1471,"component":1462},"0efa2d8f-28d5-4f71-8852-9c3f0a10e175",{"type":15,"content":1466},[1467],{"type":18,"content":1468},[1469],{"text":1470,"type":22},"You can withdraw or take loans against your IUL policy's cash value, but this decreases the cash value and potentially the death benefit, with possible tax consequences if not handled properly.","Can I withdraw money from IUL?",{"_uid":1473,"text":1474,"title":1480,"component":1462},"7b425bb1-9746-470f-ac96-49853f64946e",{"type":15,"content":1475},[1476],{"type":18,"content":1477},[1478],{"text":1479,"type":22},"Unlike IRAs or 401(k)s, there's no contribution limit on an IUL policy, so you can invest without restrictions. Overfunding your IUL allows for the accumulation of cash value tied to market performance but shielded from direct market forces. This flexibility offers potential for substantial growth over time.","How much money can I put in a IUL?",[1482],{"_uid":1483,"image":1484,"title":1491,"component":1505,"breadcrumbs":558},"e277f7cb-568b-433d-9e04-046d6c1046ed",{"alt":1485,"name":12,"title":1486,"filename":1487,"copyright":12,"fieldtype":1488,"meta_data":1489,"content_type":1490},"Calculator, pen and paper on the grass","iuls","https://a.storyblok.com/f/185166/658x450/1598c267c6/iuls.webp","asset",{},"webp",{"type":15,"content":1492},[1493],{"type":18,"content":1494},[1495,1497,1503],{"text":1496,"type":22},"What is ",{"text":1498,"type":22,"marks":1499},"indexed universal life insurance (IUL)",[1500],{"type":25,"attrs":1501},{"class":1502},"primary-gradient",{"text":1504,"type":22},", and how does it work?","app-hero",{"name":1507,"created_at":1508,"published_at":1509,"updated_at":1510,"id":1511,"uuid":1512,"content":1513,"slug":1522,"full_slug":1523,"sort_by_date":34,"position":1524,"tag_list":1525,"is_startpage":543,"parent_id":1526,"meta_data":34,"group_id":1527,"first_published_at":1528,"release_id":34,"lang":730,"path":34,"alternates":1529,"default_full_slug":34,"translated_slugs":34,"_stopResolving":558},"Unbiased team","2024-01-18T11:49:29.332Z","2024-01-24T16:17:31.264Z","2024-01-24T16:17:31.285Z",429182198,"a38620a4-ad81-47d5-b2fe-9fe933abd010",{"job":1514,"_uid":1515,"name":1507,"image":1516,"component":1520,"description":1521},"Writers","a6e3129c-eeee-4438-8204-797883981521",{"id":1517,"alt":12,"name":12,"focus":12,"title":12,"source":12,"filename":1518,"copyright":12,"fieldtype":1488,"meta_data":1519,"is_private":12,"is_external_url":543},13850198,"https://a.storyblok.com/f/185166/400x400/232c6cb764/unbiased-team.jpg",{},"article-author","Our team of writers, who have decades of experience writing about personal finance, including investing and retirement, are here to help you find out what you must know about life’s biggest financial decisions.","unbiased-team","authors/unbiased-team",-10,[],224651374,"170282a1-0fe6-4cf3-ab19-04639ed3474c","2023-04-03T07:50:42.397Z",[],[1531,1548],{"_uid":1532,"body":1533,"title":1546,"component":1547},"1350fb31-a634-4f45-aea8-b4c05a2662ad",[1534,1538,1542],{"_uid":1535,"href":1536,"text":1537,"component":542,"openInNewWindow":558},"0b422cca-0d9e-4351-aed6-068143b42d8a","https://www.unbiased.com/discover/insurance/what-is-life-insurance-and-how-does-it-work","Life insurance",{"_uid":1539,"href":1540,"text":1541,"component":542,"openInNewWindow":558},"0ff43d55-b858-46e0-b4f3-9dc1f35efcb4","https://www.unbiased.com/discover/insurance/what-are-the-best-long-term-care-insurance-alternatives","LTC insurance alternatives",{"_uid":1543,"href":1544,"text":1545,"component":542,"openInNewWindow":558},"e977e9b0-56e2-4bb7-93fd-ed618d194a9e","https://www.unbiased.com/discover/insurance/What-is-whole-life-insurance","Whole life insurance","Related to this article","app-links-list",{"_uid":1549,"list":1550,"cta_link":819,"cta_text":1551,"component":1552,"window_label":12,"window_title":1553},"88600d2a-39ee-4761-9299-8b4a1a3a5c78","A financial advisor can help you find the best policy that suits your situation best.","Find a financial advisor","app-banner",{"type":15,"content":1554},[1555],{"type":18,"content":1556},[1557],{"text":1558,"type":22},"Looking for the right insurance policy?",{"title":1560,"plugin":1561,"og_image":12,"og_title":12,"description":1562,"twitter_image":12,"twitter_title":12,"og_description":12,"twitter_description":12},"Iuls","seo_metatags","What is index-linked life insurance (IUL)? With IUL benefits, including index-linked growth with floor and cap protection, there are also some disadvantages to look out for. This guide takes you through the pros and cons.","app-article",[],[],"This article will walk you through the key components, pros and cons and other considerations that come with this complex but potentially rewarding insurance product.",[],"discover/insurance/iuls",10,[],227918834,"b69dd99c-38e1-423c-9708-d108cfbb1485","2023-09-29T14:06:34.668Z",[],{"left":727,"top":727,"width":1576,"height":1576,"rotate":727,"vFlip":543,"hFlip":543,"body":1577},24,"\u003Cpath fill=\"currentColor\" d=\"M3.71 16.29a1 1 0 0 0-.33-.21a1 1 0 0 0-.76 0a1 1 0 0 0-.33.21a1 1 0 0 0-.21.33a1 1 0 0 0 .21 1.09a1.2 1.2 0 0 0 .33.21a.94.94 0 0 0 .76 0a1.2 1.2 0 0 0 .33-.21a1 1 0 0 0 .21-1.09a1 1 0 0 0-.21-.33M7 8h14a1 1 0 0 0 0-2H7a1 1 0 0 0 0 2m-3.29 3.29a1 1 0 0 0-1.09-.21a1.2 1.2 0 0 0-.33.21a1 1 0 0 0-.21.33a.94.94 0 0 0 0 .76a1.2 1.2 0 0 0 .21.33a1.2 1.2 0 0 0 .33.21a.94.94 0 0 0 .76 0a1.2 1.2 0 0 0 .33-.21a1.2 1.2 0 0 0 .21-.33a.94.94 0 0 0 0-.76a1 1 0 0 0-.21-.33M21 11H7a1 1 0 0 0 0 2h14a1 1 0 0 0 0-2M3.71 6.29a1 1 0 0 0-.33-.21a1 1 0 0 0-1.09.21a1.2 1.2 0 0 0-.21.33a.94.94 0 0 0 0 .76a1.2 1.2 0 0 0 .21.33a1.2 1.2 0 0 0 .33.21a1 1 0 0 0 1.09-.21a1.2 1.2 0 0 0 .21-.33a.94.94 0 0 0 0-.76a1.2 1.2 0 0 0-.21-.33M21 16H7a1 1 0 0 0 0 2h14a1 1 0 0 0 0-2\"/>",[1579,1582,1583],{"title":1580,"exact":558,"href":1581},"Home","https://www.unbiased.com",{"title":553,"exact":558,"to":552,"disabled":543},{"title":750,"exact":558,"to":1584,"disabled":558},"/discover/insurance/iuls",{"left":727,"top":727,"width":733,"height":733,"rotate":727,"vFlip":543,"hFlip":543,"body":1586},"\u003Cpath fill=\"currentColor\" d=\"m181.66 133.66l-80 80a8 8 0 0 1-11.32-11.32L164.69 128L90.34 53.66a8 8 0 0 1 11.32-11.32l80 80a8 8 0 0 1 0 11.32\"/>",1777712152466]