re: IUL Vs Roth IRA

I do not qualify for a Roth IRA but do own an IUL plan. I agree, It should not be your first and only choice but is worth looking into down the road when you are rolling in the dough and need another investment harbor.

My plan guarantees me 2% if the market goes red given each 12 month cycle with a cap of 14%.

If you max it out, this is a gem of a policy. If you contribute the monthly minimum, don't waste your money.