re: Questions regarding IRAs

In today's low interest rate environment you will net an average of 4-5%.
The insurance company contractually guarantees a percentage and every year, not guaranteed (yet a dividend has always paid out for 100+ years) you receive profits from the insurance company called dividends.
By law, mutual insurance companies have to return profits back to their owners. Therefore, if you have a policy you are co-owner of the company.
The 4-5% over long haul is compared to 7-9% every year inside a managed brokerage account, because there is no taxes come about Hillary, and management fees/expenses/mutual fund turnover, etc...