There’s no doubt that saving for retirement is important. But what many people don’t realize is that the 401k may not be the best way to do it. Here’s why an IUL can be a much better choice. 401k plans have several disadvantages when compared to an IUL. One reason is that you are limited in how much you can contribute each year. With an IUL, there are no such contribution limits. This means you can save as much as you want, and take advantage of the tax breaks that come with it. Additionally, your money grows tax-deferred with an IUL, while it is taxed at ordinary income rates in a 401k. And