Straight talk on IUL, tax-free retirement, annuities, and becoming your own bank. No hype, no jargon, just the truth most advisors will not tell you.
The "buy term and invest the difference" crowd leaves out three assumptions that have to be true simultaneously. Here's the math — and what it actually costs you.
The One Big Beautiful Bill changed some things for TSP holders, but it did not fix the tax trap. Carl Bullard, retired FAA ATC, breaks down what changed and what did not.
Most retirement plans are tax time bombs. Here is the step-by-step strategy for building a tax-free income stream using an IUL, the same approach I used after 30 years with the FAA.
After 30 years with the FAA, I discovered my TSP was a tax trap. Here is exactly why I moved everything into an IUL, and what it means for your retirement.
This is an advertisement. LIFT WEALTH STRATEGIES℠ is a service mark of Carl Bullard; no claim is made to the exclusive right to use WEALTH STRATEGIES apart from the mark as shown.
Carl G. Bullard is a licensed life insurance agent (FL #W838079), licensed in multiple states, and an independent agent with Global Financial Impact (GFI). He is not an attorney, a CPA, or a registered investment adviser. All content is educational, is not individualized financial, legal, tax, or investment advice, and is not a recommendation to transfer any security or retirement account, including a TSP or 401(k).
Life insurance and annuity products are not FDIC insured, not bank guaranteed, and may lose value. Guarantees rest solely on the issuing carrier's claims-paying ability. Coverage is subject to underwriting and is available only where the agent is licensed. Death benefits apply only while the policy is in force and are reduced by any outstanding loan. Tax-free distribution treatment requires that the contract not be a modified endowment contract, that the policy stay in force, and that loans be managed; tax law may change, so consult your own CPA. Caps, participation rates, and spreads are declared by the carrier and may change, and surrender charges apply in the early policy years. Replacing an existing policy or annuity may not be in your best interest and is subject to state replacement regulations. Individual results vary.