Annuity Buzz
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The Standard will stop offering the Advantage Growth Annuity on Jan. 1, 2020. All AGA business must have an effective date that’s no later than Dec. 31, 2019.
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The holiday season and end of 2019 are quickly approaching. To meet your clients’ service expectations during this busy time, put some important dates in your calendar.
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If you contacting us for annuity illustration requests, try running your own! Why? It eliminates lag time because you don’t have to wait for help from the home office.
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Nobody likes to add time or paperwork to the application process. But that’s what happens when we receive incomplete applications. To avoid delays, pay close attention to three boxes on the form and fill them out correctly in the first place.
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We’re heading toward the end of the year — and the deadline for annual required minimum distributions from qualified policies for annuitants who are 70½ and older. Here are some facts about RMDs and why an autumn distribution is a great idea.
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We’ve made big changes to standard.com/annuities. We’ve developed new features and functionality to create a more customized experience. The result is easier access to rates and product training tailored to you.
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Online illustration software is now available for our FGA, ISA, Certain Period SPIA and Restricted SPIA. From our annuities website, choose Run an Illustration. Then enter your information on the ImagiSOFT illustration software portal.
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When you’re ready to deliver an annuity to a client, the last thing you want to hear is that you’re holding up the process. That could happen if you haven’t completed the required product training.
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When you’re helping a client apply for an IRA, understanding the difference between a rollover and a transfer is important. Checking the wrong box about the source of the funds can result in a letter from the IRS. Let’s look at how to help clients avoid IRS questions about income reporting.
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Focused Growth Annuity and Index Select Annuity illustration software has launched! You can now run your own illustrations from our Annuities home page.