Bulletins

State Life – Asset Care PEC Funding Extension

OneAmerica is extending the deadline from Wednesday, Aug. 31 to Friday, Sept. 30., 2016 to fund Asset-Care applications that qualify for pre-July 1, 2016 base premium rates.
Updated transition rules are as follows:
  • All business submitted/received no later than Thursday, June 30 and fully funded no later than Friday, Sept. 30, 2016 may use the pre-July 1, 2016 rates. 
  • All other new business will receive the new July 1, 2016 rates going forward.
Annuity

American Equity – New Commission Payout on MYGA Renewals

Effective July 14, 2016, American Equity will pay 50% of your stated commission rate on Guarantee Series/MYGA automatic renewals. The new commission payout will be applied to MYGA renewals issued July 14, 2016 and after. No adjustments will be made to past renewals. No exceptions.