Time of Transition: Journeys Worth Celebrating
In the coming weeks, we will celebrate the very successful and distinguished 50 year career of our President and CEO, J.J. miller, and welcome his successor, John H. Bultem III.
Illustration Insight: Varying Interest Rate Software Enhancement
An enhancement was enabled in our illustration software to allow for producers to illustrate an assumed non-guaranteed interest rate for a specified period of time. The feature is available for both our new and in-force IUL and SIUL products.
2020 RMD ReminderAs part of the CARES Act, IRA owners, have the opportunity to have required minimum distributions (RMD) for 2020 waived. As a commitment to our clients, we will continue to send them any scheduled distributions for 2020, unless they inform us otherwise. If the client has an established distribution and wishes to suspend their 2020 payment, they must contact our Client Services center at 1-800-677-9595, before the date of their scheduled payment.
Letters were sent to the IRA owners in April and May, informing them of this, and we have received numerous request to waive the RMD for 2020. However, for those who still wish to have their RMD waived for 2020, we need to hear from them at their earliest convenience.
Q4 Webinar Schedule
IUL and SIUL: A Comparison
Date Thursday, September 17
Time 11:30 a.m. ET