Office Fun Facts
Who's been an advisor at the Portage office the longest?
Charles
What does ARDI stand for?
Annually Renewable Disability Insurance
What does Waiver of Premium mean?
NM pays premium if you become disabled
What's the earliest age a client can withdraw from an IRA without a penalty?
59 1/2
What's our Managing Partner's name?
Joe Dierks
Who moved from New Jersey to Kalamazoo in the last year?
Emily
What is the most common group LTD coverage offered?
60%
What are the 4 term policies NM offers?
T80, L20, L10, T10
What's the maximum contribution for 2020 for a Roth IRA?
$6,000
Who has a stronger financial rating than us in the financial services industry?
No one
Who was in WMU's marching band
Zach
What is Indexed Income Benefit (IIB)?
Increases coverage by 3% or 6% when you go on claim
What are additional premiums (AP's)?
Additional dollars that go straight into cash that give the client a better rate of return on their cash.
What's the difference between a 401k and a Roth IRA?
401k is tax-deferred, Roth is tax-free
Where is our headquarters?
Milwaukee, WI
Who was an actor in a Batman movie
Eric
If I have $1,500 in APB benefit on my disability policy, can I get $1,500 numerous times or just once?
Just once, it's a pool amount.
What is Additional Care Benefit (ACB)?
Allows the client to use their death benefit as a long-term care benefit.
What's the difference between a 401k and 403b?
401k is with a for profit company and 403b is for a non-profit company
Since what year have we been paying dividends?
1872
Who's competed in an Olympic Length Duathlon?
Meg
What's the latest beginning date for coverage to start?
821st day
When you take policy loans are they taxable or tax-free?
Tax-free
What's an example of a passively managed account and an actively managed account
Passive - indexed fund (S&P 500)
Actively - mutual fund portfolio (i.e. American Funds)
What is our CEO's name?
John Schlifske