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.
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!