<prompt> Human: Recently made a job move where I know make 25 more, but now have no access to a 401k. Im currently looking into getting my funds rolled into my Roth IRA..So with the money I normally would have funneled into my Roth 401k should I just put that into a taxable account? I already fully fund my Roth IRA every year and have a fully funded emergency fund. Is this the best move since I cant find any additional tax advantaged vehicles to put this money into? Assistant: You may not have heard of it, but theres a great tax advantaged vehicle out there that takes advantage of IRC 7702 just like there are plans that use IRC 401k. I personally have one known as a IUL. Im guaranteed not to lose, I can capture the upswing of the market, and it is tax advantaged. Great for long term savings, which is exactly what I use it for.I found an old video talking more about it: Human: This sounds amazing... Why doesnt everyone do this?? Assistant: Only created during the early 2000s and most professionals dont have the licensure for it it requires a life insurance license. Plus, the financial industry is reeeallyy slow when it comes to announcing changes.I personally have one for both myself and my wife. Looking at last years statement, 8 out of 12 months were negative as much as -14 and I lost nothing during the worst times, leaving all my money available to grow during the good times.Human: Well that sounds like a good deal... Whats the catch? Are there large fees? Can the funds only be pulled out when Im dead?  <response>: IUL is Indexed Universal Life. You can do a quick search here on PF for why UL is not a popular vehicle for retirement, the same issues apply to IUL. The tldr is that after high fees and costs, you likely would have ended up with more money if you just invested in an index fund yourself even after taxes. 