Dietrich & Associates, a terminal funding annuity services firm, has developed the (k) Annuity, what it bills as “the first true annuity option” for 401(k) and profit-sharing plans where income for life annuity benefits are purchased throughout the career life of the employee.
Three national insurance agents’ groups are voicing their opposition to proposed agent commission soft caps and profit-sharing proposals as part of the Federal Crop Insurance Program (FCIP).
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.