Disclosures

This is educational, not a sale

The calculator and this site explain how a strategy could work. Nothing here is an offer, a quote or financial, tax or legal advice.

Indexed universal life (IUL) is life insurance

It is not a savings account, a securities investment or a retirement plan. Its primary purpose is the death benefit.

Guarantees

Any guarantee in a policy, including the death benefit, is backed by the claims-paying ability of the issuing insurance company, not by Celestial Wealth Solutions.

Loans and withdrawals

Policy loans and withdrawals reduce the cash value and the death benefit, and can cause a policy to lapse if it is not managed carefully. A lapse with an outstanding loan can create a taxable event.

Dividends are not guaranteed

Where a policy is eligible for dividends, the amount and even whether one is paid at all can change year to year.

Illustrated values are not projections

Any non-guaranteed values shown in a carrier illustration are illustrations of how a policy could perform under a given set of assumptions, not a promise of what it will do.

How indexed crediting works

An indexed policy does not directly participate in the stock market. Interest credited depends on the index chosen, the caps, participation rates and spreads the carrier sets, all of which can change. Past index performance does not predict future crediting. The 0% floor applies to index crediting, not to policy charges, which continue to apply.

Tax treatment

Policy loans and withdrawals up to basis are generally not taxable income while the policy remains in force and is not a modified endowment contract. Tax law can change, and we do not give tax advice.

We are not a registered investment adviser, broker-dealer, law firm or tax firm

We are an independent insurance agency. For investment, legal or tax advice, talk to a licensed professional in that field.

The calculator's method and its limits

Projections use the crediting rate you select, compounded monthly, with contributions made at month end to age 65, and no policy charges. A real carrier illustration will differ and controls over anything shown here.

Licensing

Zeena Yasin Carmona and Geancarlo Carmona, the principals of Celestial Wealth Solutions LLC, are licensed insurance producers (National Producer Number 15874950), currently licensed in California, Arkansas, Hawaii, Delaware, Missouri, Indiana, Virginia and Texas. This website is not an offer or solicitation of insurance in any state where they are not licensed. You can verify a California insurance license at the California Department of Insurance's website, insurance.ca.gov, using the license lookup tool.