Using a VUL Policy in Lieu of a Roth IRA or 529 Plan

How does a variable universal life (VUL) insurance policy stack up as an alternative to a Roth IRA (for retirement planning) or a Section 529 plan (for college tuition planning)? Using a VUL policy in lieu of a Roth IRA or a Section 529 plan will probably not make sense if funding for retirement or college is the only objective. However, a VUL policy may make great sense where funding for retirement, college, or both, is desirable and there is also a need for life insurance. This article will explore the advantages and disadvantages of a VUL policy compared to Roth IRAs and Section 529 plans.

Using a VUL Policy in Lieu of a Roth IRA or 529 Plan
Source: Producers Web