It’s pitched as having the ability to compound your wealth at a higher-than-average rate, while also protecting your principal, eventually providing long-term tax-free retirement income, and then passing on the wealth tax-free to your heirs.
MPI stands for Maximum Premium Indexing, which is a financial strategy that “could generate lots of money for you”. But more specifically, it’s a combination approach that provides life insurance and acts as a retirement planning vehicle at the same time.
MPI accounts can (theoretically): provide you with a relatively safe way to achieve consistent returns protected from market downturns, deliver ample tax-free retirement income, and then finally pass on a nice tax-free inheritance to your heirs…(theoretically).
An MPI secure compound interest account grows in line with the S&P500 index. However, the MPI account (via the terms of the IUL) has a floor of 0%, which means that even if the S&P500 crashes -30% in one year, you won’t lose anything!