Year-end reminders and important dates to remember
The year 2021 is coming to an end in the next couple of weeks. As we get closer, it's important to remind your clients of important reminders.
Important year-end dates to note:
December 15:
Last day to submit distribution requests to ensure processing in 2021.
December 20:
Pending FIA applications must be funded and in good order to be processed and issued in 2021.
Reminder: This includes qualification for all Power Producer Programs
December 24, 27, & 31:
F&G offices closed for the holidays.
December 30:
Pending MYGA applications must be funded and in good order to be processed and issued in 2021.
Here are a few business rules to be aware of:
We will process contributions received on or before December 31, 2021, as 2021 contributions.
We will process contributions received on or after January 1, 2022 (including amounts postmarked in 2021), as 2022 contributions without either of the following:
Intended contribution year specified in the memo section on the check
Intended contribution year included in the letter of intent
If we receive a contribution in 2022 that is properly designated as a 2021 contribution, that designation is final.
Please note that we may require policyholders to submit excess contribution forms should they notice later that contributions are for the incorrect tax year.
Questions? Please contact us at 800.445.6758, or click below to visit SalesLink®.
For financial professional use only. Not for use with the general public.
“F&G” is the marketing name for Fidelity & Guaranty Life Insurance Company issuing insurance in the United States outside of New York. Life insurance and annuities issued by Fidelity & Guaranty Life Insurance Company, Des Moines, IA.
21-1389
Fidelity & Guaranty Life Insurance Company, 801 Grand Ave, Suite 2600, Des Moines, IA 50309