We all want a secure future. The success of our financial health is within our hands but we need to act now.

Investing in an IRA is a good start for any long term retirement strategy.

An Individual Retirement Account (IRA) is a program designed for stimulate savings to complement other retirement income. Deposits to an IRA may be 100% deductible on tax contributions.

Interest or earnings credited in the IRA won't pay taxes until withdrawals. Current maximum contribution to an IRA is $5,000 for individuals and $10,000 for married couples who file joint tax returns. An individual who has a tax bracket of 33% and deposit the maximum allowable contribution to an IRA has tax savings of $1,650.

Universal Life Insurance Company stepped up to offer innovative first of its kind retirement solutions to meet the needs of its customers. Universal Life wants to be there for you and the generations to follow, providing the financial security that allows you to plan your future.

Your financial professional can help you decide which of our retirement solutions best fits your retirement strategy.

For those looking for guaranteed exempt interest

Universal IRA & Roth IRA


  • Exempt Interest1
  • Principal guarantee2
  • No opening or maintenance charges
  • Allows additional contributions3
  • Access up to 15% of contract value, per contract year4
  • Death benefit - protection of 100% of your purchase payments, adjusted for withdrawals
  • Income for life option5
  • Surrender charges for 4 years for withdrawals in excess of the penalty free amount: 

  Term  1234
4 years6%5%4%3%


1Interest rate credited over each premium payment will be calculated on a daily compounded basis. ULIC will calculate compounded interest rate for 365 days each year. 2All guarantees and benefits are based on claims paying ability of Universal Life Insurance Company, not insured by FDIC or any federal agency. May lose value. Not a deposit or guaranteed by any bank. 3Additional contributions will be subject to a new surrender charge schedule. Please read carefully the product brochure or contract and consider your investment objectives, risks, benefits, charges and expenses before investing. Universal Life Insurance Company annuities are only available to residents of Puerto Rico. 4Withdrawals in excess of penalty free amounts may reduce contract value, death benefit or any other benefit and maybe subject to decreasing surrender schedule. For IRA contracts, withdrawals prior to age 60 may be subject to a 10% early withdrawal penalty by Puerto Rico Treasury Department. 5Requires annuitization, please refer to contract for more information. Investing in an IRA using an annuity will have no additional tax benefits. 

For those looking for an initial bonus

Universal IRA Bonus & Roth IRA Bonus


  • Exempt premium bonus of 3% for contributions for the first 6 months after contract issue1
  • Exempt Interest2
  • No opening or maintenance charges
  • Allows additional contributions3
  • Access up to 10% of contract value, per contract year4
  • Death benefit - protection of 100% of your purchase payments, adjusted for withdrawals
  • Income for life option5
  • Surrender charges for 9 years for withdrawals in excess of the penalty free amount:

  Term  123456789
9 years8%8%7%6%5%4%3%2%1%


1Bonus of 3% on premium payments received during the first during six months after contract issue date. The Bonus is subject to a 9 year vesting schedule. 50% of the bonus will become vested at the beginning of the 5th contract year. 100% of the bonus will become vested at the beginning of the 9th year. 2Interest rate credited over each premium payment will be calculated on a daily compounded basis. ULIC will calculate compounded interest rate for 365 days each year. All guarantees and benefits are based on claims paying ability of Universal Life Insurance Company, not insured by FDIC or any federal agency. May lose value. Not a deposit or guaranteed by any bank. 3Additional contributions will be subject to a new surrender charge schedule. Please read carefully the product brochure or contract and consider your investment objectives, risks, benefits, charges and expenses before investing. Universal Life Insurance Company annuities are only available to residents of Puerto Rico. 4Withdrawals in excess of penalty free amounts may reduce contract value, death benefit or any other benefit and maybe subject to decreasing surrender schedule. For IRA contracts, withdrawals prior to age 60 may be subject to a 10% early withdrawal penalty by Puerto Rico Treasury Department. 5Requires annuitization, please refer to contract for more information. Investing in an IRA using an annuity will have no additional tax benefits.

For those looking for variable returns

Universal Variable Investment Annuity (VIA)*


  • Only IRA in Puerto Rico who offers 5 diversified investment strategies managed by Morningstar Associates® and a Money Market Portfolio
  • Allows additional contributions1
  • As a standard feature, you can access up to 15% of purchase payments free of surrender charges adjusted for withdrawals per contract year2
  • Flexibility to transfer amongst investment options without penalties
  • Death Benefit protection of 100% of your purchase payments, adjusted for withdrawals
  • Living Benefits - Optional rider, only one may be elected at time of application and available at an additional annual cost.
    • VIA Principal Protection Rider3
    • VIA Income for Life Rider4

Available options:

New! Universal VIA Select: No surrender charges.


  Term  1 year and up
N/A0%

Universal VIA Liquidity Rider5

Surrender charges for 4 years for withdrawals in excess of the penalty free amount:

  Term  1234
4 years6%5%4%3%

Universal VIA: Surrender charges for 9 years for withdrawals in excess of the penalty free amount:
  Term  123456789
9 years8%8%7%6%5%4%3%2%1%


*All guarantees and benefits are based on claims paying ability of Universal Life Insurance Company, not insured by FDIC or any federal agency. May lose value. Not a deposit or guaranteed by any bank. Consult your financial advisor before investing. Please read carefully the annuity and portfolio prospectus, product brochure or contract and consider your investment objectives, risks, benefits, charges and expenses before investing.1 Additional contributions will be subject to a new surrender charge schedule (apply only to  regular Universal VIA).  Universal Life Insurance Company annuities are only available to residents of Puerto Rico. Variable annuities are long term investment vehicles designed for retirement purposes.

2Withdrawals in excess of penalty free amounts may reduce contract value, death benefit or any other benefit and maybe subject to decreasing surrender schedule. Universal VIA is offered through a separate account of Universal Life Insurance Company. For IRA contracts, withdrawals prior to age 60 may be subject to a 10% early withdrawal penalty by Puerto Rico Treasury Department. Investing in an IRA using an annuity will have no additional tax benefits.

Morningstar® Inc serves as portfolio construction manager to Universal VIA and is not affiliated with Universal Life Insurance Company. Diversification does not guarantee or insures profit or protect against loss. Mortality & Expense Risk and Administrative fee for Universal VIA is 1.40% and 1.95% for Universal VIA Select. Current operational and fund expenses range from 0.83% to 1.90%. Maintenance fee at each Contract Anniversary of $50 (waived if contract value exceeds $100,000). For variable annuities there is an additional Puerto Rico tax equal to 0.10% payable to the Puerto Rico Treasury Department. All Universal VIA expenses are annualized except the VIA Principal Protection Rider3 with an annual charge of 1.35% of the Guaranteed Future Value and the VIA Income for Life Rider4 with an annual charge of 1.10% of the Guaranteed Value.

For prospectus and product brochure contact Universal Life (787) 706-7095 or P.O Box 2145 San Juan, P.R 00922-2145.

Universal VIA and Universal VIA Select are issued by Universal Life Insurance Company. General distributor is Universal Financial Services, member FINRA.