A participating whole life policy differs from a non-participating policy as it pays dividends to the policy holder.  So the policy holder gains compounded interest yearly on the policies value and premiums paid, and at the end of each year the company will pay a dividend on the insurance company’s yearly profits which adds to the policies cash value.  Then this process continues compounding and paying dividends yearly and building wealth within the policy.  This strategy can be used for a tax-free, risk-free retirement fund to provide supplemental income for retirement or you can use the buildup of funds to grow your death benefit to leave your loved ones with generational wealth. Kill two birds with one stone!  Get a whole life insurance policy with a death benefit and build a retirement savings account on the side.   To find out more and to see a live illustration on how this strategy would help you save a tax-free retirement, reach out to The Black Jacket Agency today.For its part, the insurance company guarantees that the funds you deposit will be safe; they are obligated to credit at least a minimum amount of interest to the funds and to assume the risk that once you elect to start receiving income, the payments will last as long as you live. Your part of the agreement is to put up the funds and leave them to accumulate in the annuity until such time as you elect to receive a guaranteed income.  If the Annuity Strategy will help you feel safe for retirement, reach out to the Black Jacket Agency today and we will connect you to one of our specialists.