Tuesday Tips – 06/02/2014
American Equity Commission Bonus
American Equity is running a new commission incentive on submitted business through July 30. Advisors can earn up to an additional 1% on their business. Call today for details.
Athene Dropping Rates
Athene has announced a rate decrease on several products that will go into effect in June. Call today to get details.
Many consumers save for retirement. Most of them have no idea how much they need to save or what are the chances that they will be affected by life’s what if’s. I’ve attached a great infographic that can be shared with consumers that discusses the chances of various life events occurring that can impact their retirement savings.
IRS Loses Billions
Billions of tax dollars are wasted every year because the IRS fails to comply with federal laws intended to prevent the agency from making improper payments through its low-income tax credit program. The Earned Income Tax Credit – which caters to low-income working Americans – has been plagued with problems for years due to the agency’s noncompliance for years – resulting in between $13 and $15 billion in improper payments last year.
F&G’s Life-Elite IUL is a competitive FIUL that is designed for cash accumulation. The product offers several crediting options including a 140% participation rate strategy with a 15.25% cap. In addition to this it has competitive target premiums and critical and terminal illness riders as well. Currently F&G is running a commission incentive offering an additional 10% bump on commission. Call today for details.
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