Annuity Buzz

By Paul Garofoli, Regional Sales Director, Individual Annuities. Published originally by MarketWatch.

For those retiring after 2033, this article highlights the steps to take now to ensure you have what you need during retirement.

One of the benefits of our annuity is the option to set up automatic RMDs on an annual basis. If your client chooses to take a withdrawal before that payment date, the scheduled RMD payout will be the difference between the original RMD amount and the total funds withdrawn earlier that calendar year.

Please review this recent compliance alert.
Pennsylvania: Senate Bill 772, Suitability of Individual Annuity Sales Recommendations

Keep sharing the news about our newest FIA -- the Enhanced Choice Index. The ECI is a single-premium deferred index annuity that offers your clients safety and guarantees as they’re focusing on accumulation. And you can assure them that their annuity is backed by the financial strength and resiliency of an A-rated carrier.

If you’ve been a fan of our Annuity Answer Booklet, check out our new Guide to Annuities. The clean-and-simple guide is designed to help your clients understand all the features of an annuity. It’s ready for you to share now.

Get up to speed by reading “10 Fast Facts About Interest Rates and Annuities” in ThinkAdvisor.

Our first-quarter economic report describes continued high inflation, but strong jobs growth.

After two years of delays due to the COVID-19 pandemic, the IRS is back on its regular filing schedule. The Standard will mail IRS Form 5498 to policyholders by May 31, 2022.

Please review this recent compliance alert.
Connecticut: Regulation 38A-432A-1+ , Suitability of Individual Annuity Sales Recommendations

Our Enhanced Choice Index is available to sell now. A single-premium deferred annuity, the ECI offers features to optimize growth capabilities. These include four distinct indexed-crediting strategies and an enhanced participation rate feature.