The indexed universal life (IUL) market is again impacted by new regulation which goes into effect May 1, 2023. Actuarial Guideline 49-B (AG 49-B) is the newest revision by the National Association of Insurance Commissioners (NAIC) in an effort show realistic policy performance returns and curb the aggressive hypothetical returns of bonuses and multipliers on […]
SECURE Act 2.0 was signed into law last week, bringing with it many changes to the retirement planning landscape. Below are the major changes relevant to the insurance & annuity industry:Qualified longevity annuity contracts (QLAC) allowed in retirement plans QLAC limits raised from $135,000 or 25% of the account balance (whichever was less) to $200,000 with […]
Original General Annuity Training Newly State Licensed 12/25/18Currently State Licensed 12/25/18 2020 Update General Annuity Training Newly State Licensed 6/22/22Currently State Licensed 12/22/22
