American Equity | The Buzz by American Equity

American Equity | The Buzz by American Equity

American Equity | The Buzz by American Equity
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Our 2023 Loyalty Rewards Program Is Even Better

We updated our Loyalty Rewards Program to deliver bigger benefits to more partners, and it all begins on January 1, 2023. 

Next year, qualifying Loyalty Reward Program members will enjoy: 

  • Loyalty Payments starting at just $1 million in a qualifying production 
  • Higher basis points are paid at many production tiers
  • Retroactive payments each time a new production tier is reached

Increase to MGSV-MGIR Rate

We’re pleased to announce that the Minimum Guaranteed Surrender Value-Minimum Guaranteed Interest Rate (MGSV-MGIR) is increasing on American Equity fixed and fixed index annuity products, effective January 1, 2023. 

For all AssetShield series, IncomeShield series, EstateShield 10 (9 in CA), FlexShield 10, GuaranteeShield series and Retirement Gold contracts, the new MGSV-MGIR rate will be 2.95%. 

For all Bonus Gold contracts, the MGSV-MGIR rate will be 2.85%. 

Contracts issued January 1, 2023, and after will receive the new rates. There will not be adjustments made to previously issued contracts. No exceptions.

FOR YOUR PRACTICE

Your 2023 Tax Guide

This helpful quick-reference tax guide keeps 2023 tax rates and contribution limits right at your fingertips. 

FOR OUR COMPLIANCE DESK

Replacements 101 

As regulators continue to take a hard look at replacement transactions, it’s useful to understand what transactions could be considered replacements, and what best practices are for ensuring a successful and compliant sale. This helpful flyer can help you better understand the regulations and red flags around replacements.

FOR THE HOME OFFICE

We Appreciate Your Business

At American Equity, we pride ourselves on having competitive, innovative financial products. But we don’t stop there: all of our products are built on a foundation of world-class service and financial professional engagement. 

Our agents and their clients experience top-tier tailored service, with an emphasis on answering phones and resolving concerns quickly. We understand that your time is valuable, and that your clients’ happiness with us can influence their business with you. Thank you for trusting American Equity to help you grow. 

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

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Contact a Pinnacle Financial Service representative today for assistance.

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Nationwide | In this month’s issue: Timely insights from Nationwide

Nationwide | In this month’s issue: Timely insights from Nationwide

Nationwide | In this month’s issue: Timely insights from Nationwide
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Nationwide Annuity Notes

To learn more about recent enhancements to Nationwide Peak® 10 fixed indexed annuities, and how they can help clients grow and protect their retirement savings, visit our site.

For agents who are contracted to sell in AK, CT, IA, ID, MN, MS, MO, NH, NJ, NV, OH, OK, PA, RI, SC, TX, UT, WA, and WY.

For agents who are contracted to sell in AL, AZ, AR, CO, DC, FL, GA, HI, IL, IN, KS, KY, LA, MA, MD, ME, MI, MT, NC, NE, ND, NM, SD, TN, VA, VT, WV, and WI.

Check out this month’s timely insights and resources

NATIONWIDE THOUGHT LEADERSHIP

Using FIAs as an alternative to bonds

FIAs offer a measure of safety like bonds and can also capture the positive performance of an underlying market index.

DOING BUSINESS WITH NATIONWIDE

New online Licensing Dashboard

It’s easier than ever to track and manage your licensing details.

NATIONWIDE ECONOMICS TEAM

Cycle Watch for November 2022

Read our latest thoughts about the factors driving economic and financial market performance.

THE ADVISOR ADVOCATE ® BLOG

What your clients may not know about annuity taxation

Annuity living benefit riders can provide a consistent income stream in retirement but require different tax treatments.

Access your dedicated resources

Visit our Thought Leadership Library to:

  • Watch and download previous webinar presentations
  • Download related educational materials
  • Register for upcoming webinars
For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

Contact Us

Contact a Pinnacle Financial Service representative today for assistance.

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Global Atlantic | OfferYour Clients Guaranteed Lifetime Income From Day One

Global Atlantic | OfferYour Clients Guaranteed Lifetime Income From Day One

Global Atlantic | OfferYour Clients Guaranteed Lifetime Income From Day One
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Your clients have saved their whole life for retirement. But persistent market instability and record-breaking inflation can be concerning if they’re planning on using their savings for retirement income. Now may be a good time to review their portfolio.

From day one, Income 150+ SE fixed index annuity offers your clients guaranteed income growth that’ll continue for the rest of their lives. Better yet, Income 150+ SE includes the Income Enhancement Benefit1 for additional income growth benefits available for qualifying healthcare needs.

For more information on Income 150+ SE fixed index annuity, contact us at (833) ASK-GA4U or (833) 275-4248 or visit us at www.globalatlantic.com/professionals.

1 The Income Enhancement Benefit is included at no additional cost and provides 2x the Lifetime Annual Payment for up to five years. The rider must be in force for one year before the benefit can be exercised and can be exercised one time only per contract. The Contract Value must exceed the greater of a) the Minimum Contract Value; and b)the doubled LAP at the time of activation and on each Contract Anniversary in order to exercise/continue the benefit or else it will be terminated. You must meet all eligibility requirements outlined in the rider in order to exercise the benefit, including a 90 day elimination period, certification and recertification of inability to perform two or more Activities of Daily Living (ADLs) for at least 90 consecutive days. ADLs include: Bathing, Continence, Dressing, Eating, Toileting, Transferring. Once a benefit period ends, a new benefit period is no longer available.

The Income Enhancement Benefit is not long-term care insurance and is not intended to replace such coverage. It is referred to as the Annual Payment Accelerator Rider in the contract. Maximum issue age is 75. Not available in California.

Rider must be in force for one year before benefit can be exercised. The Contract Value must exceed the greater of a)the Minimum Contract Value; and b)the doubled LAP at the time of activation on each Contract Anniversary in order to exercise/continue the benefit or else it will be terminated. You must meet all eligibility requirements outlined in the rider in order to exercise the benefit, including a 90 day elimination period, certification and recertification of inability to perform two or more ADLs. Receipt of proof as identified in the waiver riders attached to the annuity contract is required in order to qualify for these benefits.

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

Contact Us

Contact a Pinnacle Financial Service representative today for assistance.

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Nationwide | In this month’s issue: Inflation insights from Nationwide(R)

Nationwide | In this month’s issue: Inflation insights from Nationwide(R)

Nationwide | In this month’s issue: Inflation insights from Nationwide(R)
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Nationwide Annuity Notes

Offer clients growth and protection for the future

To learn more about recent enhancements to Nationwide Peak® 10 fixed indexed annuities, and how they can help clients grow and protect their retirement savings, visit our site.

For agents who are contracted to sell in AK, CT, IA, ID, MN, MS, MO, NH, NJ, NV, OH, OK, PA, RI, SC, TX, UT, VA, WA and WY.

For agents who are contracted to sell in AL, AZ, AR, CO, DC, FL, GA, HI, IL, IN, KS, KY, LA, MA, MD, ME, MI, MT, NC, NE, ND, NM, SD, TN, VT, WV and WI.

Check out this month’s timely insights and resources

NATIONWIDE THOUGHT LEADERSHIP

Using an income laddering strategy with an FIA to hedge against inflation

Offer clients an efficient, flexible solution by laddering FIA income.

DOING BUSINESS WITH NATIONWIDE

Real-time tracking for annuity pending business

On-demand annuity client data is now available. Get it when you need it most! Use our guide to get started.

NATIONWIDE ECONOMICS TEAM

Cycle Watch for October 2022

Read our latest thoughts about the factors driving economic and financial market performance.

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THE ADVISOR ADVOCATE® BLOG

A Rising Tax Environment? What to Watch For.

Get an updated look at the tax landscape this year and beyond.

Access your dedicated resources

Visit our Thought Leadership Library to:

  • Watch and download previous webinar presentations
  • Download related educational materials
  • Register for upcoming webinars
For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

Contact Us

Contact a Pinnacle Financial Service representative today for assistance.

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Global Atlantic | OfferYour Clients Guaranteed Lifetime Income From Day One

Global Atlantic | Mandatory Training Requirement

Global Atlantic | Mandatory Training Requirement
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Global Atlantic is undergoing a business transformation, which includes updating our product portfolio. On October 17th, we will be transitioning our annuity products from the Choice series to the Fore series and updating Income 150+ SE. These changes require NAIC product training for all financial professionals.

lease make sure that you have completed the appropriate annuity product-specific training prior to submitting the business.

Click the link below, log in and Enter the Product Code. Once you enter the code for the product you will be selling click submit.

  • INC150 – Income 150+ SE Fixed Index Annuity
  • ALLFIA2 – ForeAccumulation II and ForeIncome II Fixed Index Annuities
For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

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Nationwide | In this month’s issue: Timely insights from Nationwide

Nationwide | Prepare clients for retirement with income they won’t outlive

Nationwide | Prepare clients for retirement with income they won’t outlive
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Help clients build a retirement income that lasts

Nationwide Peak® 10 fixed indexed annuity with guaranteed income options.

As life expectancies increase, having enough income to last a lifetime is critical for those at or near retirement. That’s why Nationwide Peak® 10 fixed indexed annuity has two options for guaranteed retirement income: so you can help clients choose the one that best fits their needs.

The Guaranteed Income Solution

This feature, included on Nationwide Peak 10, was designed for clients who are unsure if they will need additional retirement income. It is available at no additional cost and offers clients guaranteed retirement income with a 4% simple interest roll-up.

Bonus Income+ Rider

This living benefit rider is also available on Peak 10 for an additional cost and offers clients features such as:

  • A 20% bonus credit is included in the Income Benefit Base and calculated on the total premium
  • An 8% simple interest roll-up rate for 10 years or until the first-lifetime withdrawal, whichever is first

Read our guide to find out how Nationwide Peak 10 helps you offer clients tailored options for guaranteed retirement income, or contact your marketer to learn more.

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

Contact Us

Contact a Pinnacle Financial Service representative today for assistance.

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