When Your Variable Accounts Take A Hit
Back when I worked for a social services agency, I had opened up a 403B in hopes of saving SOMETHING for retirement. A short time later, I lost my job. My total contribution to the 403B had been $660 up to that point. Not a huge amount, but I was sure if I ignored it for a while, it would grow exponentially. Fast forward a year or so and I finally opened one of my quarterly reports. I was a bit shocked to see it had barely increased. I knew it was time to look into other options. Ironically, this was right around the time that I learned about PHP Agency. I needed to do something with my money, and I needed a new life insurance policy. PHP fulfilled both. When I heard they were also hiring agents to work from home, I was all in! After going through training for my life insurance license and learning my different options, I decided to put my money into an IUL. Indexed Life insurance, or IUL for short, is a type of life insurance with a cash value. You will most likely pay a higher pre