Taxable Account vs. IUL Analyzer
BROKERAGE & EQUITY ACCOUNTS IUL COMPARISON DISTRIBUTIONS & LEGACY
TRIQUEST AGENT TOOL
Build the case. Compare the strategy.
Document the result.
Document the result.
1
Build the Case
Client, tax profile, taxable account, cost basis, distribution design and market assumptions.
2
Load IUL Illustrations
Load the carrier illustrations needed for the selected comparison objective.
3
Review the Strategy
Compare the taxable account with the selected IUL design using the same client objective.
Case Management
Save the current case in this browser or export it as a portable case file.
CASE FILE TOOLS
No case saved yet.
1. Build the Case
Enter the client facts, define the taxable account, and choose how the account will be compared with the IUL.
CLIENT & TAX PROFILE
Used to calculate current age.
Calculated automatically from date of birth when entered.
Spouse Information — Optional
ACCOUNT & TAX BASIS
Define the taxable investment account before designing any sale or repositioning strategy.
HOUSEHOLD INCOME & TAX BASE
Calculated automatically from filing status and current taxable income using the 2026 federal marginal-rate schedule.
Calculated automatically from filing status and current taxable income using the 2026 federal 0% / 15% / 20% long-term capital-gains thresholds.
Used with realized long-term gains. For states that tax capital gains as ordinary income, enter the same state rate.
IUL PREMIUM DESIGN
PREMIUM DEPOSIT ACCOUNT ASSUMPTIONS
TAXABLE ACCOUNT ASSUMPTIONS
TAXABLE ACCOUNT GROWTH ASSUMPTIONS
STANDALONE TAXABLE ACCOUNT INCOME TEST
Purpose: Tests how long the Taxable Account could independently support a specified withdrawal. By default it uses the Taxable Account Growth Assumptions above. These income inputs apply only to the Standalone Taxable Account Income Test — Projection Ledger and do not control the IUL Max Distribution or Same-Spendable comparison.
Keep this set to No for a consistent comparison. Choose Yes only when you intentionally want to stress-test this standalone income projection with a different return or management fee.
Premium Deposit Account — Funding Ledger
Uses the Premium Deposit Account fixed return and management fee. Distributions are modeled as gross account withdrawals for this balance-engine test; taxable gain and distribution taxes are not yet applied.
| Year | Age Period | Beginning Balance | Gross Return | Management Fee | Investment Income Tax | Gross IUL Funding Withdrawal | Tax on Funding Withdrawal | Net IUL Premium | Actual Premiums | Ending Balance |
|---|---|---|---|---|---|---|---|---|---|---|
| Total | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Standalone Taxable Account Income Test — Projection Ledger
Purpose: Projects the Taxable Account using the growth assumptions and standalone income-test inputs above. It answers: How much income can this taxable account support, and for how long? This ledger is separate from the Same-Spendable comparison to the imported IUL illustration.
Requested Income$0
Income Start Age—
COLA0%
Requested Through Age—
Full Income Supported Through—
Account ExhaustsNot within horizon
Total Net Spendable Income$0
| Year | Age Period | Market Year | Market Return % | Beginning Balance | Gross Return | Management Fee | Investment Income Tax | Distribution | Tax on Withdrawal | Net Spendable | Ending Balance |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Same-Spendable Income Detail — Index UL Income vs. Taxable Account Withdrawal Required
Load the Max Distribution IUL illustration to compare Index UL income with the gross taxable-account withdrawal required to produce the same net spendable dollars.
Index UL Spendable Income$0
Taxable Net Spendable$0
Taxable Gross Required$0
Tax on Withdrawals$0
Ending Taxable Balance$0
Income Match0 Full / 0
| INDEX UL | TAXABLE ACCOUNT | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Age Period |
Index UL Income | IUL CSV | IUL Death Benefit |
Market Year | Market Return % | Beginning Balance | Taxable Gross Required | Tax on Withdrawal |
Taxable Net Spendable | Ending Taxable Balance |
| Total | $0 | $0 | $0 | $0 | $0 | ||||||
Total Economic Value
Client-facing summary of what each strategy delivers through Strategy View Through Age. Total Economic Value equals cumulative net spendable dollars plus ending liquid account value. Death benefit is shown separately as legacy value and is not added to cash value a second time.
INCOME STRATEGY — SAME SPENDABLE COMPARISON
INDEX UL
Total Net Spendable$0
IUL CSV at Strategy Age$0
Total Economic Value$0
IUL Death Benefit$0
TAXABLE ACCOUNT — SAME-SPENDABLE INCOME PATH
Total Net Spendable$0
Ending Taxable Balance$0
Total Economic Value$0
Legacy Account Value$0
LEGACY STRATEGY
IUL — LEGACY STRATEGY
IUL CSV at Strategy Age$0
IUL Death Benefit$0
Total Economic Value$0
Legacy Value — Death Benefit$0
TAXABLE ACCOUNT — LEGACY STRATEGY
Ending Taxable Balance$0
Legacy Account Value$0
Total Economic Value$0
Ending Cost Basis$0
Strategy Cost Comparison
Comparison through client age 95
All ending balances, policy values, death benefits, and cumulative costs below use this comparison age.
Funding path: Premium Deposit Account costs apply while the taxable account is systematically liquidated to fund the IUL. Income strategy: compares actual IUL policy charges with the Taxable Account costs required to produce the same spendable income. Legacy strategy: compares actual IUL policy charges with the costs of keeping the Taxable Account invested with no distributions.
PREMIUM DEPOSIT ACCOUNT — IUL FUNDING PATH
Starting Balance$0
Ending Balance$0
Management Fees$0
Investment Income Taxes$0
Withdrawal Taxes$0
Total Economic Drag$0
INCOME STRATEGY — COST COMPARISON
IUL — MAX DISTRIBUTION
Total IUL Premium—
Cash Surrender Value (Age 95)—
Death Benefit (Age 95)—
Premium Expense / Tax—
Cost of Insurance—
Total Policy Charges—
TAXABLE ACCOUNT — SAME-SPENDABLE INCOME PATH
Starting Balance$0
Ending Balance (Age 95)$0
Management Fees$0
Investment Income Taxes$0
Withdrawal Taxes$0
Total Economic Drag$0
LEGACY STRATEGY — COST COMPARISON
IUL — LEGACY STRATEGY
Total IUL Premium—
Cash Surrender Value (Age 95)—
Death Benefit (Age 95)—
Premium Expense / Tax—
Cost of Insurance—
Total Policy Charges—
TAXABLE ACCOUNT — LEGACY STRATEGY
Starting Balance$0
Ending Balance (Age 95)$0
Management Fees$0
Investment Income Taxes$0
Withdrawal Taxes$0
Total Economic Drag$0
Comparison rule: Income Strategy compares Max Distribution only with the Same-Spendable taxable path. Legacy Strategy compares the IUL legacy path only with the legacy taxable path. Values from one path are never substituted into the other. For legacy, cash surrender value and taxable ending balance are the liquid-value comparison; death benefit is shown separately as legacy value.
Load the IUL carrier illustrations to read actual policy charges from their Annualized Expense Charges & Deductions pages.
Validation Reports
Taxable Account Basis & Realized Gain Detail
Audit-only detail supporting the client-facing account ledger. Beginning Cost Basis now carries directly from the prior row’s Ending Cost Basis. After-tax dividends and ordinary investment income that remain invested are shown separately as basis added before each modeled sale, so every change in basis can be reconciled year by year.
| Age Period | Beginning Cost Basis | After-Tax Income Added to Basis | Adjusted Basis Before Withdrawal | Gross IUL Funding Withdrawal | Basis Returned | Realized Gain | Capital Loss Used | Taxable Gain | Federal CG Tax | State Tax | Total Tax | Ending Cost Basis |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Federal Tax Bracket Position & Headroom — 2026
Shows the exact 2026 federal ordinary-income brackets and long-term capital-gains thresholds used by this analyzer. The highlighted row is the client’s current modeled bracket based on Federal Filing Status and Current Taxable Income. Headroom shows how much additional taxable income can fit before moving into the next bracket or threshold. This is a validation view of the analyzer’s tax assumptions, not a complete federal tax-return calculation.
Federal Filing Status—
Current Taxable Income$0
Current Ordinary Bracket 0%
Ordinary-Bracket Headroom $0
Current LTCG Rate 0%
LTCG Threshold Headroom $0
ORDINARY INCOME BRACKETS
| Rate | Taxable Income Range | Bracket Capacity | Client Income in Bracket | Remaining Headroom | Position |
|---|
LONG-TERM CAPITAL GAINS THRESHOLDS
| Rate | Taxable Income Range | Band Capacity | Remaining Headroom | Position |
|---|
IUL Policy Cost Detail
Carrier-only validation detail. Premiums, policy withdrawals / loans, surrender value, cash value, death benefit and policy charges come from the loaded IUL carrier illustration. Policy-charge totals are not estimated by the taxable-account engine.
| Illustration | Policy Year | Age | Premium | Withdrawals / Loans | Surrender Value | Cash Value | Death Benefit | Premium Expense / Tax | COI | Rider + Policy Expense | Total Policy Charges |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Load an IUL carrier illustration with cost pages to populate this report. | |||||||||||
Taxable Account Economic Drag Detail
Audit-only detail supporting the client-facing cost summary. Qualified dividends are taxed using the entered long-term capital-gains rate plus state capital-gains tax. Interest / ordinary investment income is taxed using the modeled federal ordinary-income rate plus state ordinary-income tax. These income yields are components of the account's total return, not additional return layered on top. Net reinvested investment income increases cost basis; its tax is deducted from account value.
| Path | Age Period | Beginning Balance | Management Fee | Qualified Dividends | Qualified Dividend Tax | Ordinary Investment Income | Ordinary Income Tax | Distribution Tax | Total Economic Drag |
|---|---|---|---|---|---|---|---|---|---|
| Total | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
2. Load IUL Illustrations
Load only the IUL carrier illustrations needed for the client comparison. The Max Distribution illustration drives the same-spendable income comparison. The Legacy Strategy illustration drives accumulation and legacy comparisons.
Max Distribution Illustration
Required for the income comparison.
No Max Distribution illustration loaded.
Annual Premium—
Total Premium—
Annual IUL Income—
Income Ages—
CSV at Strategy Age—
Death Benefit at Strategy Age—
Legacy Strategy Illustration
Optional unless accumulation / legacy is being compared.
No Legacy Strategy illustration loaded.
Annual Premium—
Total Premium—
Policy Income$0
Policy Years Through Strategy Age—
CSV at Strategy Age—
Death Benefit at Strategy Age—
Source-of-truth rule: The loaded carrier illustration supplies the illustrated premium schedule, policy income / loans, cash surrender value and death benefit. The taxable-account engine supplies taxable-account growth, fees, basis, realized gains and taxes. The two sources are compared; carrier values are not recreated by the taxable-account engine.
3. Review the Strategy
Client-facing comparison of income, remaining value, legacy and costs using the assumptions and IUL carrier illustrations loaded above.
Income Strategy — Same Spendable Comparison
For this comparison, the Taxable Account annual distribution setting above is not used. The application calculates the gross taxable withdrawal required each year to match the Index UL spendable income.
INDEX UL
Total Spendable Income$0
IUL CSV at Strategy Age$0
Total Economic Value$0
IUL Death Benefit$0
TAXABLE ACCOUNT
Total Spendable Income$0
Ending Taxable Balance$0
Total Economic Value$0
Income Match0 / 0
Load the Max Distribution illustration to populate the income comparison.
Legacy Strategy
IUL — LEGACY STRATEGY
IUL CSV at Strategy Age$0
IUL Death Benefit$0
Policy Charges Through Client Age$0
TAXABLE ACCOUNT — LEGACY STRATEGY
Ending Taxable Balance$0
Total Economic Drag$0
Load the Legacy Strategy illustration to populate the legacy comparison.
Strategy Graphs
Income Strategy — Remaining Values
IUL cash surrender value compared with the Taxable Account ending balance during the same-spendable income period.
Cumulative Spendable Income
IUL illustrated income compared with cumulative net spendable dollars from the Taxable Account.
Legacy Strategy — Value Over Time
IUL cash surrender value and death benefit compared with the Taxable Account under the Legacy Strategy.
Cost Summary
Premium Deposit Account — Funding Drag$0
IUL — Max Distribution Charges$0
Taxable Account — Same-Spendable Drag$0
IUL — Legacy Strategy Charges$0
Detailed taxable-account and Index UL cost schedules remain available in Strategy Cost Comparison and Validation Reports.
Bottom Line
Income Strategy Advantage
—
Load the Max Distribution illustration to compare spendable income.
Legacy Strategy Advantage
—
Load the Legacy Strategy illustration to compare ending values.
Load the required IUL illustrations to populate the bottom-line comparison.