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May 5, 2021

The e$Bee Awards: Q1 2021 Winners

Payroll Slot Bonus Award for 403(b), 457(b) & 3121 plans.

The National Life Group payroll slot bonus program encourages new slot openings, prolonged, consistent application submissions over time, and meets the pre-established production requirements for slot protection. When you open a new slot2 or activate a dormant slot, you can be eligible to participate.

Participation equals payout and the highest bonus wins the e$Bee Award!


The Top Slot Bonus award payouts in Q1 2021 went to…

This quarter, our 1st place payout resulted in a three-way tie! Along with the additional compensation earned last quarter, Jennifer, Teresa and Timothy are this quarter’s e$Bee Award Winners and all three will receive a Framed Award Certificate as well as the coveted Busy Bee T-shirt!

Photo: https://www.awakecoffeevt.com/new-products/mugs

In addition to your regular comp, this payment schedule is an example of how your participation could pay off.

For a plan with 2,000 employees, maximum payouts are:
$2,000    initial bonus
+ $3,000    year 1 bonus from meeting production
+ $4,000    year 2 bonus from meeting production
+ $6,000    year 3 bonus from meeting production
= $15,000  TOTAL slot bonus potential from this one plan!

What will YOUR payout be?

Program Details:

To participate, the Slot Bonus Request Form must be completed and submitted prior to submitting the first application.

For more information contact your
Retirement Services Relationship Manager.

 

Slot bonus payments go to representatives in the usual manner depending on Agency preference.  The e$Bee Award acknowledges the person who received the highest dollar amount in Q2 2020 and consists of a Framed Award Certificate and a Busy Bee T-shirt. Winners are announced at the end of each quarter.

1. 3121 plans will be considered for payout once the assets have transferred to NLG and number of participants have been confirmed.

2. The company name on the slot must be National Life Group. All other slot names do not qualify for the slot bonus program.