IUL account
Hi Terry I’m 53 have Fidelity 2035 401K no company match only have about 10,000 in it my house is paid off what do you think about IUL accounts
Terry Says
Are you talking about Indexed Universal Life? If so, I can’t think of a worse thing to do with your money!
You will make the insurance salesman rich, not YOU!
Keep contributing to your 40l(k) if you are still eligible. It’s a shame your employer doesn’t match. And you can also open a Roth IRA at Fidelity– completely separate account, if you want to save more money on an after-tax basis.
