The Ideal Retirement Plan: IUL vs. 401(k) Working Together Rather than choosing between IUL vs. 401(k), many financial experts recommend using both for a well-rounded retirement strategy. A 401(k) provides employer-matching contributions and long-term market growth, while an IUL offers tax-free income, financial flexibility, and a death benefit. Together, they create a diversified re... https://www.federalpensionadvisors.com/post/iul-vs-401k