Individuals planning for retirement often consider Indexed Universal Life (IUL) policies and annuities. IULs provide life insurance with a cash value that increases based on market performance, offering tax advantages and flexible premiums. However, they can have fees and earning limits. Annuities, in contrast, are designed to generate consistent retirement income, ensuring financial ... https://www.federalpensionadvisors.com/post/iul-vs-annuity