When preparing for retirement, individuals may consider Indexed Universal Life (IUL) policies and annuities. IULs offer life insurance coverage with a cash value component tied to market performance, providing growth potential and tax benefits. However, they may have restrictions on returns. Annuities, designed to provide guaranteed income, help retirees maintain financial stability b... https://www.federalpensionadvisors.com/post/iul-vs-annuity