Annuity Buzz

We’re dedicated to processing your new business applications and checks promptly. Check this chart to make sure you have our correct mailing addresses. Sending your information to the correct address will help us ensure timely delivery of your new cases.

Please review this recent compliance alert.
Texas: House Bill 1777, Suitability of Individual Annuity Sales Recommendations

Please review this recent compliance alert.
Virginia: Regulation 14VAC5-45-10+, Suitability of Individual Annuity Sales Recommendations

Good news! We’ve extended our Annuity Services call center hours. Now you can reach us from 5 a.m. to 5 p.m. Pacific time, Monday through Friday.

Please review this recent compliance alert.
Delaware: Regulation 1214, Suitability of Individual Annuity Sales Recommendations

For IRAs with reportable contributions for the previous tax year, the Internal Revenue Service requires us to file Form 5498. The deadline for 2021 was once again delayed due to the COVID-19 pandemic. The Standard mailed these forms to policyholders on or before June 30, 2021.

Please review this recent compliance alert.
Idaho: House Bill 79, Suitability of Individual Annuity Sales Recommendations

Please review this recent compliance alert.
Nebraska: Legislative Bill 22, Suitability of Individual Annuity Sales Recommendations

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.

Please review this recent compliance alert.
Ohio: Rule 3901-6-03, Suitability of Individual Annuity Sales Recommendations