October 10, 2024
R M D = M Y G A
In Q4 Drive don’t let your customers RMDs disappear into low yield savings.
MYGA rates are still as strong as ever and locked in for 3 or 5 years; savings accounts can change anytime. You can directly roll RMDs into a new National Life MYGA as easy as 1,2,3.
1 – Complete new non-qualified MYGA application via eApp.
2 – Complete Withdrawal Request, form 2748, to set up a one-time RMD to the new MYGA.
3 – Deliver the policy after the RMD is processed.
Want an automated solution? National Life has you covered. Set the customer up with a non-qualified Secure Growth and complete the Automated Withdrawal Program, form 20179, to have this and future RMDs directly sent to the Secure Growth.
Questions? Contact the NLG Sales Desk at 800-906-3310.
