What If Your Retirement Income Could Last as Long as You Do?
Discover how a properly structured Indexed Universal Life insurance policy with an eligible lifetime income benefit could help provide supplemental retirement income for life while protecting the people you love.
Explore My Lifetime Retirement Income Options →Personalized strategy review • No obligation • Licensed insurance professional
Plan for More Than Retirement Savings
Features and availability depend on the selected policy and applicable rider requirements.
You've Worked Hard for Retirement. Now Make Your Money Work for You.
Retirement isn't just about how much money you've accumulated. It's about having income you can rely on throughout your retirement years.
Traditional retirement accounts and savings can play an important role in your financial future. Adding another source of income may provide more flexibility and confidence.
Certain Indexed Universal Life (IUL) policies offer an optional Lifetime Income Benefit Rider, designed to provide income for life when the policy meets the rider's contractual requirements.
Imagine creating an additional retirement income stream while maintaining valuable life insurance protection for your family.
How Does Lifetime Income Through IUL Work?
Explore how life insurance protection and long-term retirement income planning can work together.
Build Your Policy
Fund your IUL according to a strategy designed around your budget, protection needs, and retirement goals.
Accumulate Potential Cash Value
Your policy may accumulate cash value through indexed interest crediting, subject to expenses, caps, participation rates, and other provisions.
Activate Eligible Income Benefits
When you reach your planned income age and satisfy the rider's conditions, you may be able to activate a contractual lifetime income benefit.
Receive Supplemental Retirement Income
An eligible rider may provide income for your lifetime under its terms, complementing Social Security, pensions, and other retirement resources.
What Could Lifetime Income Look Like for You?
A personalized retirement income illustration can help you explore what your strategy may look like based on:
- Your current age and insurance eligibility.
- How much you can comfortably contribute.
- When you would like retirement income to begin.
- Your life insurance protection needs.
- Available lifetime income rider options.
Your Retirement. Your Income Goal.
See how different contribution amounts and retirement ages may affect your projected income.
PlanRight can help you explore a personalized illustration based on your financial goals, funding preferences, and desired retirement timeline.
Request My Personalized Lifetime Income Illustration →Complete our quick questionnaire to get started.
Why Consider IUL as Part of Your Retirement Strategy?
Lifetime Income Potential
Explore a contractual income benefit designed to continue for life when rider requirements are met.
Life Insurance Protection
Maintain a death benefit for your loved ones while planning for your own retirement, subject to policy and rider provisions.
Potential Tax Advantages
Properly structured non-MEC policies may offer favorable tax treatment on qualifying distributions.
Additional Income Source
Complement other retirement resources with an additional income strategy designed around your financial goals.
Who Should Explore Lifetime Income Through IUL?
This strategy may be worth reviewing if you:
- Are planning for retirement and want to explore additional income sources.
- Have discretionary income available for long-term life insurance premiums.
- Want to understand contractual lifetime income options.
- Value both retirement planning and life insurance protection.
- Have sufficient savings and financial flexibility for a long-term strategy.
It's especially relevant for people who have several years to prepare before needing retirement income, although individual eligibility and suitability vary.
What Could Your Retirement Income Look Like?
Discover how an eligible lifetime income strategy could complement your retirement plan. Start with a personalized review of your goals, funding ability, and timeline.
Explore My Lifetime Income Potential →Quick questionnaire • No obligation to purchase
Questions About IUL Lifetime Income?
Is lifetime income actually guaranteed?
Certain lifetime income riders provide contractual guarantees once all eligibility, funding, activation, and ongoing requirements are satisfied. The amount shown in an initial illustration is not guaranteed unless specified by the contract.
Can I receive income even if my policy's cash value decreases?
An eligible lifetime income rider may continue benefits under its contractual provisions even when cash value is depleted. This depends on the specific rider, its activation, and compliance with its requirements.
Will my family still receive a death benefit?
A policy may continue providing a death benefit, but distributions and rider activity can reduce the amount available to beneficiaries. Your personalized illustration can show how these benefits interact.
Is lifetime income from IUL tax-free?
Qualifying distributions from a properly structured non-MEC policy may receive favorable federal income tax treatment. The result depends on the distribution method, policy status, and applicable tax law.
How much would I need to contribute?
That depends on your age, health, coverage amount, retirement timeline, and desired income. A personalized illustration helps you compare funding strategies.
Your Retirement Income Should Be Designed Around Your Life.
Discover how an IUL lifetime income strategy could complement your retirement plan. Start with a personalized review of your goals, funding preferences, and retirement timeline.
Explore My Lifetime Income Strategy →Take the first step toward your personalized retirement income review.