July 20, 2020
The e$Bee Awards: Second Quarter 2020 Leaders!
Payroll Slot Bonus Award for 403(b), 457(b) & 3121 plans
The National Life Group payroll slot bonus program encourages new slot openings, prolonged, consistent application submissions over time, and matches the pre-established production requirements for slot protection. When you open a new slot2 or activate a dormant slot, you can be eligible to participate.
Participation equals payout and the highest bonus wins the e$Bee Award!
The Top 10 Slot Bonus award payouts in Q2 2020 went to…
| 1 | REUBEN F. | VALUTEACHERS |
| 2 | ORVAL S. | VALUTEACHERS |
| 3 | JOSEPH R. | JOSEPH RUFFENACH |
| 4 | TIMOTHY M. | VALUTEACHERS |
| 5 | MICKIE M. | VALUTEACHERS |
| 6 | CHARLIE . | MIKE DUNCAN |
| KELLEY H. | THE ALLIANCE | |
| 7 | CHARLES H. | VALUTEACHERS |
| TERRY K. | VALUTEACHERS | |
| 8 | ALLEN E. | VALUTEACHERS |
| KATHI G. | VALUTEACHERS | |
| 9 | JONATHAN P. | VALUTEACHERS |
| 10 | JEFFREY T. | APPRECIATION LLC |
Along with the additional compensation earned last quarter, our #1 payout recipient, Reuben F., is this quarter’s e$Bee Award Winner and 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
= $15,000 TOTAL slot bonus potential from this one plan!
What will YOUR payout be?
Program Details:
To participate, the Slot Bonus Request Form must be completed and submitted prior to submitting the first application.
- Slot Bonus Program Rules
- Slot Bonus Request Form
- Employer Information Form
- Please consult the Employer Rules of Engagement for a framework of how you may engage with payroll slots.
Retirement Services Relationship Manager.
Slot bonus payments go to representatives in the usual manner depending on Agency preference. The e$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.
