SCS
What is the minimum contribution for SCS PLUS 21
What is $25k
What is 1.5%
What is the minimum issue age for the GMIB?
What is age 50
What is the minimum on Investment Edge 21 B?
What is $10k
If a 71 year old opens a SCS Income policy with single level income for 6.6%, they die, and their spouse (age 73) is named 100% beneficiary, do they get to continue the contract and get the 6.6% for life? True or false
False
What is the fee for SCS Select?
There is no fee
What is the deferral incentive percentage & is it simple or compounded?
What is 7% simple?
What is the deferral incentive for the first 7 years?
7%
What is the m&e fee on Investment Edge 21?
What is 1%
DOUBLE JEOPARDY: is it a hard or soft charge?
If your client opens a Investment Edge account and allocates 100% of their funds in the Structured Investment Options, what are their all in cost?
What is 1%
Weekly on Thursdays
What are the two type of income options available?
Level and accelerated income?
What is the withdrawal rate for the 8yr and on?
5%-10%, tied to the to year treasury + 2
What segment is offered on Investment Edge ONLY?
What is the Growth Multiplier Segment
If a client elects joint income on an SCS Income policy at issue and they get divorced, can they change the income to single to get a higher withdrawal rate?
What is the maximum amount of times that you can break a segment within SCS PLUS 21?
If a 75 year old, wants to open a SCS Income with IRA funds, and elects joint income, spouse is 68, whose age is the guaranteed income based off of?
Who is the 68 year old spouse.
If a 50 year old opens a RC policy jointly with their 60 year old spouse, who is the income based off of?
Income is the same regardless of the clients age. 7% for the first 7 years, then 5%-10% tied to the T+2
What share classes are available?
What is a B, C & ADV share.
What is the maximum issue age for guaranteed income on RC?
What is age 80.
If a client opened a policy August 2023 with $100k.
February 2024 they added $50k.
When is the $50k out of surrender?
What is August 2029
If your client is 73 years old, chooses single level income, they put in $100k, and 1 year later on your contract anniversary, the account value is $115k, what is your new benefit base?
No withdrawals have been taken.
What is $122k!
DOUBLE JEOPARDY: is their income rate?
What is 5%.
When do we sweep segments?
What is the 1st and 3rd Thursday of the month.
What was the #2 highest grossing product (and share class) in PacNW for 2025?
What is Investment Edge 21 B Share!