LIBRA PARTNER
The Pension Protection Act (PPA) deals with changes and reforms to pension governance, specifically with annuities, long-term care and new tax advantages.What does this mean for annuities?Cash value withdrawals from eligible annuity contracts for qualifying long-term care (LTC) expenses or qualifying long-term care insurance premiums are no longer taxable income.Can regular annuity withdrawals for LTC […]
Nationwide is pleased to announce higher cap and participation rates on all strategies in our currently-sold Nationwide IUL products. Also, for currently-sold Nationwide IUL and VUL products, we’re improving the spread rate on the uncapped S&P 500® where applicable and increasing the fixed account rate.The improved rates apply to the New York IUL products as […]
All formal applications for Lincoln VULone and SVULone , including LincXpress® Tickets, must be received in good order at Lincoln by August 9, 2024.All policies must be placed, and all placement-restrictive requirements, including premium, must be received at Lincoln in good order by 4 p.m. ET December 31, 2024. For any pending Lincoln VULONE or […]
While Underwriters Brokerage never represented the Phoenix Companies, some of your clients may still have policies with this formerly significant life insurance carrier. You should be aware of their current financial position and monitor their policies and situation regularly. An updated ALIRT financial report is now available
Protective ® Classic Choice term prices have been lowered once again.Details and Transition rules here.
You are invited to join an exclusive webinar presented by Underwriters Brokerage Service and Guest Speaker Shawn Britt, CLU®, CLTC, Nationwide Technical Director, Long-Term Care Initiatives, Advanced Consulting Group.What you will learn: The different types of LTC riders, linked benefit policies and their tax deductibilityOpportunities for tax advantages for individualsOpportunities for tax advantages for business ownersHow […]
In-Force Rate Action Announcement: Pennsylvania: Pre-PCSEffective: March 4, 2024 Read More
Legal & General America is offering an exchange program allowing Banner Life customers who purchased OPTerm 10, 15, 20, 25, 30 or 35 within the past 48 months to trade up to a longer duration policy at his or her current attained age with no underwriting. Find out more here.
Next round of in-force rate action notifications to take place in late MarchIn late March, we will begin policyholder notifications on the next round of John Hancock and Fortis (Union LTCI) policies impacted by the in-force rate actions, which will have an effective date beginning with anniversaries on or after July 1, 2024.The 2022 rate action notifications will […]
Join us as we provide crucial insight into the health and wealth of America, with analysis of long-term care and its effect on estate planning for mass-affluent and high-net-worth clients.Data and case studies will provide:Insight as to how long-term care planning should be part of the overall estate planning discussionEducation on strategic initiatives to aid […]
