Indexed Universal Life (IUL) policies and annuities are two common financial strategies for long-term planning. IUL policies offer life insurance with cash value accumulation linked to market indexes. They provide tax benefits but may have return caps and fees. Annuities, on the other hand, focus on delivering steady income throughout retirement. While they offer security, some types ... https://www.federalpensionadvisors.com/post/iul-vs-annuity