Partial
1035 Exchanges and using the free withdrawal
Annuity Agent Journal News - Archive
Fixed Annuity agent articles of FSD FINANCIAL SERVICES
Annuity Marketing Agency For The Independent Insurance Agent.
|
The
FSD Fixed Annuity Journal And Interest Rate Review |
|
February 2004 |
|
Annuity Review
(PDF Format) A variety of sales ideas, product discussions/comparisons and miscellaneous thoughts. Partial 1035 Exchanges Are Now OK! Prior to the recent issue of Revenue Ruling 2003-76, partial exchanges of nonqualified annuities were permitted only on the strength of a 1998 court case (Conway v. Commission), and the reluctant acquiescence of the IRS in a letter that promised to "revisit" the issue at a latter date. RR 2003-76 does revisit the issue - with a positive effect! It is now perfectly clear that the partial exchange (e.g., a portion of the nonqualified annuity value) of "an existing annuity contract to an unrelated insurance company for a new annuity contract " will not cause taxes or penalty taxes to be triggered. (Interim Guidance 2003-51 against tax avoidance rules apply) - call for details! Equity Indexed Annuities
ING USA FIXED ANNUITIES 2004 VIP CLUB Irish Dreams / DUBLIN, IRELAND
We Are The Annuity General Agent For The Independent Broker |
|
Monthly Journal February 2004 |
|
FSD LIFE CORNER FSD is first and foremost an annuity marketing organization. From time to time our agents need some life product. As an added program, we now offer SPWL from Liberty Life – a great life product for annuity sales people. Call Darren or Jeff or visit our website for details of this product. Commission is 6%. Presidential Life has recently raised its guaranteed issue life program to a $50,000 maximum. Call for details. Ask about the TNP Life bonus contract and receive the highest possible Life Commissions with no $ requirements. |
|
Page 2 |
| UNDERSTANDING THE PRODUCTS
YOU SELL - COMFORT = SALES FSD is a full service general agent for many top annuity companies. Full service means intensive product training, full sales support including client presentations and new business submission and follow up. Confidence shows through. Be the expert at the sales table, let us show you how! |
| Back to annuity journal page / HOME |
| Join FSD and receive the FSD Annuity Journal For Free. |
|
FSD FINANCIAL
SERVICES |