IUL vs Roth IRA: Which Tax-Free Retirement Vehicle Is Right for You in 2025?

Both IUL and Roth IRA offer tax-free income in retirement, but they work differently. Roth IRAs have contribution limits and income restrictions but offer simple market investing. IUL policies have no contribution caps, include a death benefit and living benefits, and grow tax-deferred with downside protection. The best choice depends on your income level, contribution capacity, and need for protection.