[WEBINAR] Updates to the Marquis SP! From Lafayette Life
Monday 02/13/2023 at 1:00 pm - 2:00 pm CST
Effective 02/13/23, Marquis SP FIA’s optional Guaranteed Lifetime Withdrawal Benefit (GLWB) offers clients increased roll-up percentages and higher age-based withdrawal rates, with no fee increases.
These enhancements apply for applications signed 02/13/23 or later:
Roll-up percentages increase to 9% (ages 45-60), 10% (61-74) and 11% (75-90)
Withdrawal percentages increase 0.50% for each age. Covered person’s age/10% – 1.5% (ages 60-89), 7.5% (90+)
GLWB fee unchanged at 0.95% (max 1.50%) for individual and individual + spouse.*
Your clients enjoy all of the upside potential and downside protection of Marquis SP plus the improved income outcomes with its enhanced optional GLWB.
Join Brandon Hamilton, Director of the LLIC Sales Desk, as he discusses changes to the Marquis SP GLWB rider effective 02/13/23.
Effective 02/13/23, Marquis SP FIA’s optional Guaranteed Lifetime Withdrawal Benefit (GLWB) offers clients increased roll-up percentages and higher age-based withdrawal rates, with no fee increases.
These enhancements apply for applications signed 02/13/23 or later:
Your clients enjoy all of the upside potential and downside protection of Marquis SP plus the improved income outcomes with its enhanced optional GLWB.
Join Brandon Hamilton, Director of the LLIC Sales Desk, as he discusses changes to the Marquis SP GLWB rider effective 02/13/23.
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