Life Insurance
What are the age and death benefit limits for our simplified issue basic whole life policy?
$5,000 for ages 17–49 minimum
$2,500 for ages 50–85 minimum
Up to $50,000 max
What is the standard Part B premium for 2026?
$206.50
What is the traditional IRA limit for 2026?
$7,500
These annuity types give you upside potential of market gains with no downside risk.
Fixed Indexed Annuities
At what age can you start drawing Social Security benefits?
62
What is the oldest age you can write a 10 AND 20 year reliaterm?
70 and 60
What is the 2026 Part B Deductible?
$288
What is the IRA catch-up contribution limit for 2026?
$8,600
This advantage with the IRS makes annuities great retirement accounts.
Tax Deferral/Probate-free
Term use for transferring non-qualified funds
1035 exchange
What is the maximum amount you can add as a term rider to our 19f?
5X the base
Which U.S. government entity is tied to Medicare?
Social Security
What is the 401(k) contribution limit for 2026?
$24,500
Our FPBIA uses these 3 types of crediting methods for our Index option.
2A:Monthly Averaging with Participation Rate
2B:Point to Point with cap rate
2C:Point-to-point with participation rate
The name of this salsa means "beak of the rooster."
What is Pico de Gallo
What are the issue age limits and minimum single premium for our 14Y?
0-85
$2,500
When is the earliest you can write a guaranteed issue MedSupp?
9 months before 65th birthday
What is the SEP IRA contribution limit for 2026?
25% of total income up to $72,000
In a non-qualified annuity, what portion is not taxable?
Cost Basis
At what age can you avoid a 10% tax penalty on tax-deferred accounts?
59.5
After what policy year are you eligible for a preferred policy loan on a 19f?
10th year
For each month period without credible coverage or part D after 65, you pay what penalty?
1% for every month missed
What is the "Super catch-up" Contribution limit for 2026?
Ages 60-63 can contribute up to $35,750 ($11,250 extra)
What is the difference between Qualified and Non-Qualified Money?
Special tax advantages
Name the 6 activities of daily living.
Bathing, Dressing, Eating, Transferring, Toileting, and Continence