Tax-free retirement income is not a new idea
The concept of tax-free income in retirement has come a long way since the 90’s when Senator William Roth of Delaware first introduced the “Personal Retirement Accounts act of 1999.
Roth IUL was created by a team of financial professionals who had enrolled thousands of clients in Roth IRA’s to help them avoid taxes in retirement.
But the Roth IRA has so many restrictions that many of their clients couldn’t utilize the benefits of tax-free income.
Modeling the structure of a pension, which is “lifetime income”, plus the advantage of being tax-free, this accumulation vehicle has become the most sought after retirement vehicle in the industry!