simple retirement solutions
3 STEPS TO GETTING STARTED WITH SRS
Be sure to bookmark these pages on your computer, as they are resources that you will frequent on your journey to becoming a Top Producer in the SR3 ColumnS space!
Step 1: Register / Login To Your AMS Account
This is Corporate's main training website for Simple Retirement Solutions (previously known as AMS)! This site is where you will submit your scenarios through the Ask A Specialist tool, access to your FREE Insurance Drip Account, find promotion guides, commission grids, marketing materials, and MUCH more!
Step 2: Learn All About IULs and Annuities
This is Corporate's step-by-step guide to getting started with SRS, created and designed by the SRS team. You will learn how to get contracted and certified with the right carriers, get educated on the products, run an illustration, submit and process the application, and MUCH more!
Step 3: Enroll / Start Your Free Retirement Training
This is an excellent training system, designed by Integrity Partner, Zac Twardowski, offered to you for free. Learn the differences, benefits, and options available for retirement planning products, and how to present each one to your client to best cover their needs. The more you know, the better you can serve your clients!
Indexed Universal Life (IUL)
A type of permanent life insurance with a cash value component along with a death benefit.
Learn More With These Training Videos:
IULs 101
Uncovering IUL Opportunities
Running an IUL Illustration
IUL Product Comparison
Fixed Indexed Annuity (FIA)
A tax-deferred, long term savings that provides principal protection in a down market and opportunity for growth.
Learn More With These Training Videos:
Annuities 101
Uncovering Annuity Opportunities
Running an Annuity Illustration
Annuity Product Explanation
SRS SALES PROCESS
THE FIRST STEP TO BEING SUCCESSFUL WITH SIMPLE RETIREMENT SOLUTIONS IS MAKING THE DECISION THAT YOU WILL BE.
1. Gather Client Information
Fill our the Financial Inventory during your appointment. Be sure to really dive into the "Current Life Insurance" section. This is where you find SRS opportunities.
2. Submit To Ask A Specialist
OR
3. Wait For An Illustration
Wait for an illustration to be sent to you from the SRS team, or spend some time really studying the material and trainings on this site to learn how to run them on your own - from start to sale.
IUL PRODUCT COMPARISON
MUTUAL OF OMAHA
Product: IULE
* $25K - $300K (ages 18-50)
* $25K - $250K (ages 51-60)
* $25K - $150K (ages 61-75)
Good first option for anyone in these age brackets with a death benefit less than the listed amounts.
* The only IUL option that issues in amounts below $50k in death benefit
Product: Income Advantage
* Ages 1-80
Fully underwritten option designed for people who want to aggressively grow their cash accumulation.
* Ideal product for client who wants to start an IUL for their minor child.
Product: Life Advantage
Ages 1-80
Fully underwritten option designed for people who want an IUL but want to maximize the death benefit in their policy and have a lower premium cost of insurance.
*Ideal for older clients 65-80 who want more than $150k of coverage.
NORTH AMERICAN
Product: Protection Builder
Ages 15 days - 85 years
Min. $50K (ages 70 and below)
Min. $100K (ages 71-85)
Accelerated issue options up to $2M, depending on age.
*Ideal for maximizing death and living benefits for family protection and/or legacy building.
Product: Builder Plus 3
Ages 15 days - 75 years
Minimum $50K (ages 70 and below)
Minimum $100K (ages 71-75)
Policies with high funding levels and offers a ROP option.
*Ideal for long-term cash growth.
Product: Smart Builder 2
Ages 15 days - 80 years
Early cash-value growth and offers a ROP option.
*Ideal for clients wanting to grow their cash value with great distribution options. Also, covers high cost of critical, chronic, and terminal illness.
NATIONAL LIFE GROUP
Product: Flexlife
$50K - $2M (ages 18-50
)$50K - $1M (ages 51-60)
$50K - $250K (ages 61-65)
Anything above these age or coverage parameters will be fully underwritten.
Great simplified issue option to cover a wide range of client ages and needs, whether it be accumulation for retirement or maximum death and living benefit protection.
*Ideal for a secondary simplified option for clients who are looking for coverage that exceed other simple issue products’ parameters.
F&G
Product: Pathsetter
Ages 15 days - 75 years
Minimum $50K (ages 70 and below)
Minimum $100K (ages 71-75)
Focused on accumulation, income and living benefits.
*A lot of agents like F&Gs IUL illustration because it is "prettier" and easy for clients to understand.
ANNUITY TRAINING VIDEOS
How To Find Annuities
Starting The Annuity Conversation
Mock Annuity Appointment - Part 1
FIAs 2-Step Sales Cycle
Running An Annuity Illustration
Annuity Sales Made Simple
Mock Annuity Appointment - Part 2
ANNUITY PRODUCT EXPLANATION
ATHENE
Product: Agility (7&10)
Protected Growth: Any interest you earn is locked in and can’t be lost to future market downturns.
Guaranteed Retirement Paycheck: Create a stream of income that may continue to grow throughout retirement.
Ability To Access Money: Liquidity and income features help ensure you’re prepared in case you need access to funds.
*Offers income and death benefit rider, automatically, at no additional cost.
Product: Protect (5&7)
Guaranteed Return of Premium:
Additional protection from unpredictable circumstances, which allows for return of premium, within contract parameters. Benefit applies with additional charge.
Guaranteed Minimum Interest Credit: Receive a guaranteed accumulated value at the end of your withdrawal charge period with our minimum interest credit feature.
Guaranteed Protection From Market Risk: Your annuity’s accumulated value will never decrease due to market performance.
Product: Ascent Pro (7&10)
Growth Potential: Pursue growth based in part on the performance of an external market index.
Guaranteed Income: A built-in feature, allows for creating a guaranteed income stream that can last through retirement.
Protection From Market Risk: Your money is not directly exposed to the risks of the stock market or individual stocks.
*Offers a built-in rider that converts a portion of savings into a stream of income you can count on.
Product: Performance Elite (7,10 &15)
Grow Retirement Savings: A variety of interest crediting strategies help grow your money and protect you from market downturns.
Increased Flexibility: Add an optional liquidity rider that provides access to your money if needed.
Earn A Premium Bonus: Premium Bonus is credited at issue and immediately increases your annuity’s accumulated value.
*Allows you to allocate your money among one or more of several interest crediting strategies.