Make It A Baker’s Dozen

Jun 28, 2021 By: Curt Leonard and Sallie Bryant   For the longest time the number 13 has been considered cursed and unlucky. But times are changing. And thanks to recent actions by the Alabama Department of Insurance, Alabama residents could rightly consider 13 as their new lucky number. Alabama recently became the 13th state with a new rule or law that incorporates the enhanced … Read More

Deferred Income Annuities: Latest Research on Benefits, Laws

Meanwhile, Medicare updates its surcharges for 2020, bringing mixed news to retirees. By Melanie Waddell and Bernice Napach | October 29, 2019 at 09:00 AM Retirement News Newsletter      Photo: Shutterstock/William Potter Retirees are weathering retirement under “substantial risk and uncertainty” by not choosing a deferred income annuity, a product “that specifically targets longevity risk” and is much loved by economists, according to retirement experts. … Read More

Medicare for All?

Real-world solutions to expand coverage, lower costs in health care While the Affordable Care Act (ACA) is not perfect, it has helped create a system in which more Americans have access to comprehensive health care coverage than ever before. The next steps from a policy standpoint should be to continue improving upon the ACA in order to expand coverage while … Read More

The National Association of Insurance Commissioners issued an Alert about Medigap policies

AGENT ALERT MEDICARE SUPPLEMENT ENFORCEMENT – IMPLEMENTING MACRA AMENDMENTS The Medicare Access and CHIP Reauthorization Act of 2015 (“MACRA”) was signed into law on April 16, 2015. MACRA prohibits the sale of Medigap policies that cover Part B deductibles to “newly eligible” Medicare beneficiaries defined as those individuals who: (a) have attained age 65 on or after January 1, 2020; … Read More

NAIFA Advocacy pays off

House Votes In Favor Of The SECURE Act One Week After NAIFA Members Urge Its Passage The House of Representatives today passed the SECURE Act (H.R.1994) with a vote of 417 to 3 to help Americans better prepare for retirement. NAIFA’s advocacy efforts have vigorously promoted the bill, which would ease restrictions on companies that band together to offer their employees retirement … Read More

House Committee Approves Retirement Bill

The House Ways and Means Committee has approved a bill that would raise the age for required minimum distributions to 72, would make offering annuities easier for retirement plans and would broaden use of funds in 529 college-savings plans. The legislation has support from industry groups including NAIFA. Article Link

Are you a Top Advisor?

Top Advisor 2018-2019 Recognition Program The Leadership of NAIFA-Alabama would like to recognize and promote active members of NAIFA that have demonstrated a commitment to excellence. The Top Advisors program provides financial professionals at any career stage the opportunity to apply or be nominated for the following: Professionalism through education and earned designations Production measured by performance metrics customized for … Read More

NAIFA Alabama Day at the Capitol is April 2 from 2:00 – 8:00 pm, RSA Plaza, Montgomery

A featured speaker will be Advisor Cheryl Canzanella on the Opioid Crisis and How it Affects the Life Insurance Industry -See the calendar event in this website for reservations. AMERICAN HIGH Can financial advisers save clients from the financial ravages of opioid addiction? By Greg Iacurci and Elizabeth MacBride — August 5, 2017 -Investment News Ted Sarenski knew something was wrong. On … Read More