The fixed (equity) indexed annuity (FIA) was introduced 20 years ago. The timing for this product was perfect for where the economy was in the early 90s. 1994 had been a rocky year; bond fund returns were poor, the S&P 500 ended the year on a down note, and many stock funds and variable annuities…Details
Do you know how IRAs are changing in 2015? Whole New IRA Option: The name of the new option is “myRA” and it’s a Roth IRA account that isn’t connected to your employer. Fully guaranteed by the federal government, this account will be available to those with an individual income of less than $129,000 annually…Details
Insurance Agency Marketing Services, Inc. was founded in 1986 with service to producers as the centerpiece. As Charles Heuring, co-founder and president puts it, “We felt there was a real opportunity to build an organization around the idea of making the producer feel at home.” Over the past twenty-eight years the success of IAMS has…Details
The NAIC has adopted the 2010 Suitability in Annuity Transactions Model Regulation and several states have taken action to adopt the same or similar requirements. Producers are now required to take two different training requirements prior to soliciting business.