ALLIANZ TODAY EMAIL NEWSLETTER

FASTeam
800-950-7372

POWER OF PRODUCT webinars – now with NEW content

Join one of our upcoming webinars in our POWER OF PRODUCT series – featuring our most popular sessions plus NEW session content that we developed based on your feedback. Choose a product session to get an overview of one of our best-selling fixed index annuities. Already a product expert? Learn about our innovations in indexing, or join our newest session on finding the right product fit.

PRODUCT SESSIONS – Tuesdays 1:00 - 1:30 p.m. Central time
BONUS SESSIONS – every other Thursday 1:00 - 1:30 p.m. Central time

View event details and registration

IMPORTANT UPDATES FOR ASHLEY

› Roth IRA conversion annual deadline for FIAs now November 19, 2021 Learn more

Rates

New rates are typically effective the first Tuesday of the month, with a preview of declared rates available one week prior.

› View now

New illustration module: Split-dollar arrangements for business owners

Split-dollar arrangements are a form of a key employee compensation plan that can help business-owning clients attract and retain top talent. Our new illustration module shows how different split-dollar arrangements can provide benefits, such as minimal annual tax outlays, tax-deferred accumulation potential and income-tax-free loans,1 and life insurance protection.

Run an illustration for Allianz Life Pro+® Advantage Fixed Index Universal Life Insurance Policy
› Learn more about split-dollar concepts

We’ve enhanced your clients’ annual statements!

As of September 20, 2021, Allianz Benefit Control® Annuity and Allianz 222® Annuity annual statements have been enhanced with:

  • Average Protected Income Value (PIV) return since the previous contract anniversary
  • Average PIV return since the contract effective date

These updates are appearing in your clients’ statements now and are another great topic to discuss at their annual meetings.

Have questions or need assistance? Contact your Allianz representative.

C64237-MVA, R95581-01-MVA, C54370-MVA, R95352-MVA

Temporary rate lock extension ends November 1

Due to recent high volume of fixed index annuity (FIA) business, the rate lock on our FIAs was extended for a limited period of time from 60 days to 90 days for any FIA contracts issued between May 4, 2021 and November 1, 2021. That extension will end on November 1, 2021. Applications received on or after November 2, 2021 will receive the 60-day rate lock. Please read below for important business rules.

Thank you again for your business.

90-day rate lock end business rules:

Pending applications
Any pending applications issued on or before Monday, November 1 at 11:59 p.m. Central time will receive the extended 90-day rate lock period. Any pending applications issued on or after Tuesday, November 2, 2021 will receive the 60-day rate lock period.

Inforce contracts
Reminder: Impacted inforce contracts issued from Tuesday, May 4, 2021 through Monday, November 1, 2021 will automatically receive the 90-day rate lock period.

Please contact your Allianz representative with any questions.

Idaho Annuity Disclosure No Longer Required

Idaho recently released bulletin B21-05 removing the need to sign the Idaho Annuity Disclosure specific form. This bulletin replaces bulletin 20-11. Allianz will discontinue form ANN-DISC-ID starting 10/18/2021.

Get answers

When it comes to developing an overall retirement strategy, knowledge really is power. Some resources we offer can help your clients’ clarify their own needs and goals with:

  • Tools and calculators
  • Planning tools
  • Videos and more

› Get started now

UPDATED Allianz Showcase with more options

You asked and we delivered. Allianz Showcase has been enhanced to include additional scenarios and assumptions, including:

  • 5-year age increments (previously, only 10-year increments were shown)
  • Level death benefit (option A)
  • Deferred loan option (age 60 only)

› Run a Showcase scenario and include it in your client conversations

Allianz Life newsroom

This one-stop resource provides facts and news about Allianz Life Insurance Company of North America (Allianz), our research studies, interview resources, and more.

› Find out more

CONNECT WITH ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA

Twitter LinkedIn YouTube
www.allianzlife.com
www.allianzlife.com/new-york

Allianz Life Insurance Company of North America

Allianz Life Insurance Company of New York

Allianz Life

1 Policy loans and withdrawals will reduce the available cash value and death benefit and may cause the policy to lapse, or affect guarantees against lapse. Withdrawals in excess of premiums paid will be subject to ordinary income tax. Additional premium payments may be required to keep the policy in force. In the event of a lapse, outstanding policy loans in excess of unrecovered cost basis will be subject to ordinary income tax. If a policy is a modified endowment contract (MEC), policy loans and withdrawals will be taxable as ordinary income to the extent there are earnings in the policy. If any of these features are exercised prior to age 59½ on a MEC, a 10% federal additional tax may be imposed. Tax laws are subject to change and you should consult a tax professional.

Fixed index universal life insurance can provide a potential solution to advanced markets strategies. You should encourage your clients to consult their tax advisor and/or attorney to discuss their specific situation.

This newsletter may periodically provide you with links to outside articles and websites. Please note that the information and opinions included are provided by third parties and have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by the issuing company. It is being provided for informational purposes only and is not a solicitation for the purchase of any product, nor should it be construed as advice designed to meet the particular needs of your clients. Always ensure you follow the current policies on the use of any advertising, third-party materials and/or social media as required by your broker/dealer and/or the carriers that you represent.

This content is for general informational purposes only. It is not intended to provide fiduciary, tax, or legal advice and cannot be used to avoid tax penalties; nor is it intended to market, promote, or recommend any tax plan or arrangement. Allianz Life Insurance Company of North America, Allianz Life Insurance Company of New York, their affiliates, and their employees and representatives do not give legal or tax advice or advice related to Medicare or Social Security benefits. You are encouraged to consult with your own legal, tax, and financial professionals for specific advice or product recommendations, or to go to your local Social Security Administration office regarding your particular situation.

Please note that in order to provide a recommendation to a client about the liquidation of a securities product, including those within an IRA, 401(k), or other retirement plan, to purchase a fixed or variable annuity or for other similar purposes, you must hold the proper securities registration and be currently affiliated with a broker/dealer or registered investment advisor. If you are unsure whether or not the information you are providing to a client represents general guidance or a specific recommendation to liquidate a security, please contact the individual state securities department in the states in which you conduct business.

For more complete information about the issuing companies variable annuities and variable investment options, call Allianz Life Financial Services, LLC at 800.542.5427 for a prospectus. The prospectuses contain details on investment objectives, risks, fees, and expenses, as well as other information about the variable annuity and variable investment options, which your clients should carefully consider. Encourage your clients to read the prospectuses thoroughly before sending money.

Guarantees are backed by the financial strength and claims-paying ability of the issuing company. Variable annuity guarantees do not apply to the performance of the variable subaccounts, which will fluctuate with market conditions.

Retirement consultants market and distribute products manufactured by Allianz Life Insurance Company of North America and Allianz Life Insurance Company of New York. Retirement consultants provide education and information related to products they market and do not provide financial or investment advice.

Products are issued by Allianz Life Insurance Company of North America, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297. www.allianzlife.com. In New York, products are issued by Allianz Life Insurance Company of New York, 1633 Broadway, 42nd Floor, New York, NY 10019-7585. www.allianzlife.com/new-york. Variable products are distributed by their affiliate, Allianz Life Financial Services, LLC, member FINRA, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297. Only Allianz Life Insurance Company of New York is authorized to offer annuities and life insurance in the state of New York.

• Not FDIC insured • May lose value • No bank or credit union guarantee • Not a deposit • Not insured by any federal government agency or NCUA/NCUSIF

CONFIDENTIALITY NOTICE: The information in this email may be confidential and may be legally privileged. It is intended only for the use of the individual(s) named above. If you are the intended recipient, be aware that your use of any confidential or personal information may be restricted by state and federal privacy laws. If you, the reader of this message, are not the intended recipient, you are hereby notified that you should not further disseminate, distribute, or forward this email. If you have received this email in error, please notify the sender and delete the message. Thank you.

For financial professional use only – not for use with the public.
Variable annuity material and information is intended for registered representatives only and is not approved for insurance agents.
Product and feature availability may vary by state and broker/dealer.

You may unsubscribe from Allianz or Allianz Life® of NY emails.

EGEN-1348

(R-10/2020)