TEACHER RETIREMENT FINANCIAL SERVICES

  Introducing the IUL:       

 Option for Educators' Retirement

Many educators face limited retirement options or complicated formulas to figure out how much they'll have saved. In most cases, schools offer 403(b) plans or Roth IRAs for extra retirement savings. However, educators often don’t realize these plans have limits, and many don’t stay in the profession long enough to fully benefit from them. Let me introduce you to a better option: the Indexed Universal Life (IUL) policy.

An IUL is a retirement product that you fully own—no strings attached to your employer—and it comes with a range of benefits that can give you more flexibility and security. Here’s why:

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Why Choose an IUL?

1. You Own It: Unlike a 403(b) or pension, you fully own your IUL. If you leave teaching or change careers, your IUL comes with you, and you don’t have to start over with your retirement savings.

2. Tax-Free: The money you grow in your IUL is 100% tax-free. Plus, when you access your money in the future, you won’t have to pay taxes on it like you would with other retirement accounts.

3. Death Benefit: If something happens to you, your family will receive a tax-free death benefit. This gives you peace of mind knowing your loved ones are protected.

4. Use It for Life’s Major Expenses: Your IUL isn’t just for retirement. You can borrow from it at any time—tax-free—to pay for your child’s college, pay off your mortgage early, or cover any other big expenses. There are no penalties for accessing your money.

5. No Market Losses: Your IUL’s cash value grows based on the stock market index (like the S&P 500), but you won’t lose money if the market goes down. It’s a safer way to grow your savings without the risk of losing it in bad years.

How It Works:

• You Pay Into It: Like any life insurance policy, you make payments into the IUL. Part of that payment goes toward your death benefit, and the other part goes into your cash value, which grows over time.

• Access Your Money Anytime: Whether it’s for retirement or another big expense, you can borrow from your IUL’s cash value tax-free and without penalties.

Why This Is Great for Educators:

• Portability: If you leave education, your IUL stays with you, unlike some retirement plans that are tied to your job.

• Flexibility: You can use it for more than just retirement—pay off loans, help with college costs, or handle emergencies, all while avoiding taxes and penalties.

• Security: Your IUL grows without the risk of losing money in a market downturn, and it protects your family with a tax-free death benefit.

In summary, an IUL is a flexible, tax-free tool that offers more than traditional retirement plans. It's designed to give you control over your financial future, no matter where your career takes you.