Here’s how the Power Producer Program works:
Each year we set a Power Producer qualification level. Producers earn credits throughout the calendar year and can combine both their annuity and life sales. The 2018 qualification level to earn one credit is 1.5 million points. $1 of FIA premium is equal to 1 point and $1 of life premium, up to target, is equal to 15 points. The Power Producer credit is determined each year, but each credit is typically worth between $3-5,000. The deposit amounts are cumulative and below is an example. By qualifying for just one credit a year, from 2011- 2016, FGL would have contributed over $73,000 on your behalf to a non-qualified deferred compensation plan.
The current qualification period is January 1 – December 31, 2018. Call 800.992.2642 for more information and details on excluded products.
