Insurance Video for Selling Equity Indexed UL

Here's the problem: the money we save for retirement in a tax-deductible account like a 401(k), 403(b), or IRA, and the money we earn on those accounts is only tax-deferred. Every dollar we deduct now will be taxable later, and we will pay those taxes out of our monthly retirement income. 20 or 30 years of tax-free interest on the money we save. And withdraw tax-free income when we retire. With Internal Revenue Code Sections 101 and 7702, these two provisions of the tax code allow us to earn interest on our money without taxation and withdraw income during retirement also without taxation. What's more, these special tax code provisions also come with a contractual guarantee to credit our money with an interest rate based only on the growth of an equity market index, like the S&P 500, but without any risk of equity market losses. That's because our money is not actually invested or at risk in the market.