3 Mark Financial, Inc.

2/21/2018

Join Ronnie Russell, from American National as he discusses.

American National's Great Solutions for You and Your Clients.

Webinar Later Today at 3:00 PM Central

Tax Law Changes That Might Affect You and Your Clients

Webinar Tuesday February 27, at 3:00 pm central

We invite you join us for this webinar on February 27 at 3:00 pm central with Ron Lee, JD, CLU, ChFC, Director Advanced Sales Mutual of Omaha.  Ron will discuss the  Tax Law Changes That Might Affect You and Your Clients.  We are already seeing the effects on large businesses buy small firms can benefit too and so can you by quarterbacking the discussion with small business owners.

You’ve Got to be Kiddie-ing Me!

Welcome to a special edition of the Advanced Markets Minute in both print and audio form. Today’s article is called “You’ve got to be Kiddie-ing Me!” In our special series on the new tax bill, we now turn to changes in the tax on unearned income to minors, or as it is better known the kiddie tax. Read more.  

Retirement Planning Concept Illustrations Can Help Sell IUL

Learn what's included on this valuable report, as well as how you can add it when you are running your next Income Advantage IUL illustration.  Read more.  

Protection for Young Superheroes

Help your clients give the lasting gift of security to their child or grandchild with Children's Whole Life.  Read more.

Improved GUL Rates

Lincoln LifeGuarantee® UL is more competitive. Find more competitive rates for clients age 60+, level pay scenarios. Now this lifetime guaranteed solution is available on eTicket. Read more. 

 New Long-Term Guaranteed Death Benefit IUL

If you’ve got clients who would like guaranteed protection, financial flexibility and living benefits with no upfront cost1, consider this uncomplicated IUL solution.  Read more. 

John Hancock Vitality Featured on the Today Show

John Hancock Vitality life insurance created a lot of buzz this morning on the TODAY show with Megyn Kelly when all audience members received a free Fitbit. It’s all part of John Hancock's commitment to helping people live longer, healthier lives. Learn more about how your clients can earn significant savings and rewards for the everyday things they do to stay healthy.  

Reasons to Sell John Hancock’s New Critical Illness Benefit Rider

Make John Hancock's new Critical Illness Benefit rider a key part of your clients' planning. Take a look at the reasons.  

Introducing IDA-JH Vitality Producer Bonus

We are pleased to introduce IDA Producer’s a Vitality Bonus effective February 12, 2018.  Please see the attached announcement.  We hope this creates opportunities for IDA members to share the John Hancock Vitality shared value story. Coming next week we will have a promotional flyer to help IDA members reach Producers with this opportunity to further develop sales amongst our organizations.

Webinar: Tax Reform Split Dollar Opportunities

Now, there's even more to love! Check out our new, enhanced IUL Protect policy, with features - like the Extra Interest Credit - that give your clients more clarity and straightforward performance.  Read more.  

Watch New IUL Protect Video to Win a Starbucks Gift Card

IUL Protect was designed for the long-term. But, this video is anything but long – just 2 minutes – and highlights the features you need to know about our new and enhanced IUL Protect. Watch the video carefully, tell us the names of the two featured characters, and you might be a winner! The first 50 recipients who tell us the correct names of BOTH characters will win a $20 Starbucks gift card. Please submit all responses to Krista.Heafner@axa.us.com.  

Webinar: Informal Care and Home Health Care in America

This presentation will focus on addressing informal caregiving in America. Care from family should be a choice, but may become a necessity. February 22 at 2 PM ET. Learn more.  

Listen: Life Insurance Gets Personal

This episode is a personal story of life insurance, told by an extraordinary person. Melissa Wandall and Randy Zipse discuss the loss of Melissa's husband Mark and the way his life insurance helped their family continue on. Melissa's path to advocacy and outreach has led to amazing outcomes, from her role as President of the National Coalition for Safer Roads, the money she's raised for paralysis research with the Florida Project to the camp she runs for grieving children.  Listen and subscribe. 

Lower Cost, New Bonus Potentially Boost IAUL Performance

PruLife Index Advantage UL® enhancements are coming soon, making it even more attractive and competitive. Learn more.

Help Minimize Taxes on Inherited IRAs

Help your financially successful retirees achieve their legacy objectives. Teach them how to leverage their qualified or tax-advantaged retirement plans. When structured properly, life insurance can be a powerful alternative to help minimize or offset taxes on inherited IRAs.  Watch video. Access "napkin tool"and brochure for more info.

Hybrid or linked-benefit products are a fresh approach to retirement and estate planning. These products, cover opposing risk groups by combining long-term care coverage with life insurance or an annuity.

LTCi Tax Advantages Flyer Updates

It's time to start thinking about taxes. Take a look at the tax advantages of Long-Term Care Insurance.

How to Talk About LTC Planning

Long-term care (LTC) services are evolving, as more clients are choosing to stay at home and receive LTC from informal caregivers.  Informal caregivers are usually a loved one, friend or neighbor — and go unpaid for the daily care and assistance they provide. Now is the time to talk to your clients about their future LTC needs, so you can help them put a plan in place. The first step is to identify your client’s future LTC needs. Nationwide® can help you start the LTC conversation with any client — at any step of the planning process.  Learn more. 

On November 27, 2017, the Department of Labor (DOL) released its final 18-month delay of certain Fiduciary Rule compliance provisions.

What does this mean for you?

In summary...

• You are still a "fiduciary" for qualified sales
• You still need to provide your clients a PTE 84-24 acknowledgment and keep a copy in your records for at least 6 years
• It is important you comply with the DOL’s impartial conduct standards during this “transition period,” including (1) acting in your client’s best interest, (2) making no materially misleading statements, and (3) receiving no more than reasonable compensation.

Please Review these important resources:

• DOL Fiduciary Rule Delay FAQ
• Understanding Your Fiduciary Obligations

Annuity Fact Finder 

Click here for a great Annuity Fact Finder

ASSET TRANSFER TIPS 

For all annuity carriers

Transferring assets, or exchanging money via section 1035 of the tax code, may have tax consequences. Any questions regarding taxation should be referred to a qualified tax professional.

1. Call the Financial Institution/Insurance Company to see what they require to transfer the money e. g. some financial institutions, like Fidelity, require a call from the client to release money, others like Northwestern Mutual require their own surrender form to accompany the 1035/transfer form from the company receiving the money.
2. Attach a copy of a current policy/ account statement for the funds being transferred to the 1035/transfer document.
3. Complete the 1035/transfer form carefully and completely. Be sure all necessary signatures are obtained.
4. Send original transfer forms with the application to 3 Mark for processing.

Principal Announces Improvements for submitting life business.  Learn More

Term Essential Transition Rules

New rates for the repriced product are in effect.  Read more in the Transition Rules Publication.

Introducing Protective eTools

Follow this link to learn more

Save Your Clients Money with Fit Credits

Our Fit underwriting credit program is designed to help you reduce insurance costs for your clients.  Learn how.