Build a Tax Free Emergency Fund Using a Tax-Free IUL.
The Tax-Free IUL works as a tax free emergency fund. You can make tax free penalty free withdrawals anytime for any reason at any age.
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You can pay the money back when you have it during your lifetime or with death benefits upon your death.
Flexibility makes a living benefit life insurance valuable. It is more than a supplemental retirement plan. The Wealthy use it as a liquid tax-sheltered way to preserve capital and earn a reasonable Rate of Return. It’s their safe money emergency fund!
