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- Dont lose money you previously made. In this educational episode, Im going to address what is lock-in and reset with IUL. (upbeat music) You know, when you use a ratchet wrench Whats that? Heres one right here, okay? When youre using a ratchet wrench, youre able to tighten the nut or the bolt by leveraging this way. But the beauty of this is that you can keep it seated on the nut or the bolt and reset. You go click, click, click, click, click. You do not undo the progress you made in tightening that nut or bolt, or if youre loosening it, you reset and then you progress again. You may not progress while youre resetting, but you just continue to progress. So I compare lock-in and reset with IUL to a ratchet wrench. Youre able to progress, but when youre resetting at the end of each given year or linking period, it could be two years, youre resetting so that you do not lose the progress or the money you made the previous period, the previous year. So Im gonna give you so