Bulletins

American National – Agent Alert

ANICO Strategy Indexed Annuity PLUS – New Strategy Available Effective January 1, 2017, the One-Year Point to Point with 50% Participation strategy will be available. California: Century 1, 3, 5, and 7 Temporarily Withdrawn Due to California regulations, Palladium Century 1, 3, 5, and 7 will be withdrawn December 31, 2016. No Century 1, 3, 5, or 7 contracts will be issued in California after December 31, 2016. To ensure applications are issued before year-end, all applications and requirements must be received in the Springfield Processing Center no later than December 27th at 5:00 p.m. EST to allow time for processing. Transfers or Exchanges that do not submit money with the application cannot be guaranteed to issue. Palladium Century will still be available in California.
Bulletins

North American – Product, Rider and Rate Changes

Fixed Index Annuity Changes NAC IncomeChoice Lifetime Payment Percentages (LPPs) will be age banded every 5 years NAC BenefitSolutions and NAC BenefitSolutions II Guaranteed Lifetime Payment Amounts (LPAs) are decreasing Guaranteed Lifetime Withdrawal Benefit (GLWB) Rider Changes Income Pay will no longer be available on Performance Choice 8 Plus and 12 Plus and the Bonus Credit Option percentage will reduce from 6.00% to 5.75% Guaranteed Lifetime Withdrawal Benefit (GLWB) Rider Changes Income Pay Plus will no longer be available on Performance Choice 8 Plus and 12 Plus, roll-up rate will reduce from 6.25% to 6.00% and LPPs will be age banded every 5 years Rate Change Threshold Participation Strategy (TPS) rates are changing. (New rate sheet available) Get up to speed now!
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New materials will be available on our website on 12-13-16.