The LASER Fund, tested with numbers

What the book actually proposes

LASER stands for Liquid Assets Safely Earning Returns. BetterWealth, an agency that reviewed the book on September 24, 2026, reports the author describing it in his own words as a properly structured, max-funded indexed universal life policy.¹ It is a branded name for a design, not a special contract. Any agent can build the same policy with any IUL insurer.

The design has three parts. Index crediting with a cap and a 0% floor. The smallest death benefit the tax rules allow for the premium, so more of each dollar lands in cash value. And access through policy loans instead of withdrawals. The book's own site offers it free for $9.99 shipping, calls it a 311 page book, and carries a disclaimer that life insurance policies are not investments.²

BetterWealth sells life insurance, including IUL, and says so in its review, so read its view with that in mind. We are an agency too, paid as described on our how we are paid page.

The pitch next to the contract

An illustration is not a guarantee. Since 2015 the AG 49 rules, replaced by AG 49-A for policies sold from December 14, 2020 and tightened again in 2023 and 2026, limit the rate an IUL illustration can assume.⁶ For policies sold from April 1, 2026, illustrations can no longer show historical index returns beyond the ones the rules require.⁴ Our AG 49-A timeline has the dates.

The headline projection, rerun

BetterWealth compares the design using $10,000 a year for 30 years at 6% credited, about $790,000, and notes that figure is gross crediting before the cost of insurance comes out.¹ We reproduced it, then layered in costs one at a time. For charges we used the only full set an insurer prints for consumers in our files, the Allianz Life Accumulator brochure, which lists a 9% premium charge in year 1, 5% after that, and $7.50 a month.³ That brochure says nothing about the LASER Fund. It is simply a real, published charge list.

InsureIUL arithmetic, November 10, 2026. $10,000 paid at the end of each year for 30 years, $300,000 in total. Runs B to E deduct a 9% premium charge in year 1, 5% in years 2 to 30 and $90 a year of policy charge. No cost of insurance, no per $1,000 expense charge, no surrender charge, no loans. Teaching values only.

Try your own premium, charges and rate path in the loan and lapse stress test.

Loans are the engine, and the risk

The LASER design pays its owner through policy loans. A loan is not taxed when taken as long as the policy is not a modified endowment contract and stays in force. Loans reduce the cash value and the death benefit, and loan interest keeps adding to the balance. If the balance overtakes the cash value, the policy lapses, and loans above your cost basis can then be taxed as ordinary income in that year.³ This is general information, not tax advice.

A projection that shows loan income rising for decades usually assumes the loaned money earns more than the loan costs. AG 49-A caps that assumed spread at 0.50% in an illustration.⁴ In a 0% year the real spread is the whole loan rate, working against you.

The public record around the sellers

BetterWealth lays out the record, with dates, and we report only what it reports, labeled the way it labels it.¹

• Idaho allegations. On January 12, 2022 the Idaho Department of Finance filed an administrative complaint naming eight respondents, among them the author and his firm Live Abundant. It alleges violations of state securities law in the sale of two outside investments, Future Income Payments and Woodbridge, which the complaint calls fraudulent schemes. These are allegations, not findings. BetterWealth found no public order resolving the matter as to the author.
• A decided judgment. On January 21, 2021 a federal court entered final judgments in an SEC case over Woodbridge sales, ordering Live Abundant to pay $850,664.31. BetterWealth stresses the judgments are against the company and a co-defendant, not against the author personally.
• Trade press. InvestmentNews reported on January 28, 2020 that the SEC had barred a Live Abundant salesman over Woodbridge sales, after suing him in December 2018.⁵

None of this says the IUL policies themselves were illegal. The lesson BetterWealth draws is narrower and useful. The complaint alleges clients were steered into an outside product whose payouts were meant to fund their policies. When that product failed, the policies lost their funding too. A plan that needs a second asset to keep the policy alive can fail two ways. For more on separating a legal product from a bad sale, see is IUL a scam.

Who the design can fit, and who it does not

• Can fit. Someone who needs permanent life insurance, has stable income to fund at the maximum for many years, a long horizon, and accepts that the insurer controls the cap and the cost of insurance.
• Does not fit. Someone who needs coverage for a set period, where term life costs far less. Someone who may stop funding in a lean stretch, since the design punishes underfunding. Anyone whose premiums depend on another investment paying out.

Five checks before buying any LASER-style policy

1. Ask how the seller is paid. One commission is normal. Commissions on two products that depend on each other are the pattern in the Idaho complaint.
2. Read the guaranteed column. It shows what happens at minimum crediting and maximum charges.
3. Ask for a run at a rate 1 or 2 points lower. Compare the year the policy would lapse with loans.
4. Name the insurer and the product. Then compare its published rates on our cap rate tracker.
5. Ask what happens if you skip two years of premium. Get the answer from the insurer in writing.

Questions people ask