Tuesday Tips – September 6th, 2016
American Equity Suitability Form
American Equity’s suitability form has been updated and must be used effective immediately on all new applications. Call today to request an updated form.
Legacy Marketing Rates
Legacy Marketing Group has announced that they are raising rates effective 9/8 on their LibertyMark FIA series. Annual point to point caps on the S&P have increased to 5.6%. The product also offers a variety of index options. Call today for additional details.
Many consumers will not spend down their entire IRA during retirement. Unfortunately what this means is that they can have a higher account balance at life expectancy creating a tax time bomb for their beneficiaries. Fortunately, there are multiple strategies that can be implemented to reduce or eliminate this tax time bomb. Available for download is an IRA wealth transfer guide that discusses different planning opportunities.
Hedge Fund Outflows
eVestment recently reported that outflows from hedge funds totaled $25.2 billion in July making the total year to date $55.9 billion
John Hancock Protection UL
John Hancock’s Protection UL is a competitively priced current assumption UL designed for wealth transfer. John Hancock has incredibly competitive underwriting for a number of impairments and also offers a health styles program that can provide better rates for rated individuals. They also offer their vitality program which reduces the cost of life insurance by living a healthy lifestyle. The product also offers an LTC rider. Call today for details.