September 15th, 2021
As most of you may already know, June is Annuity Awareness Month!!! And we at ProducersXL are offering numerous webinars with our top carrier representatives to discuss the various products and proven successful sales techniques. To sign up to receive updates to the webinars, Register HERE.
In other Industry News, there are changes being made at the government level regarding DOL Rules and the new BI (Best Interest) Rules. These changes will apply to many U.S. states as well as the RMD changes recently announced; Secure Act adjusting the RMD age for people coming of age to draw at 72 Vs. 70 1/2.
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Government officials are in further discussion to provide people additional years to build retirement accounts and draw funds until age 75. As the government works out the details
to these changes, this could be very good for a lot of people. It will give people more time to build up their retirement account. These changes will be most beneficial to the average American looking to add additional funds for more years.
Fixed and Fixed Index annuities are popular especially with bank cd rates so low and the volatility in the markets. Below is the LINK to 10 Things That You Must Know About Annuities.
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