MONTHLY OVERVIEW 

January 2025

10% BONUS INDEXED ANNUITY FOR INHERITED IRA CASES!

Did you hear? In January, we expanded eligibility for our Inherited IRA conversion program to include MarketPower Bonus Index^®, our popular bonus fixed index annuity (FIA). Now, you can offer ineligible beneficiaries of an Inherited IRA:

• An instant 10% bonus on the Inherited IRA value — helps offset taxes!

• Simplicity and flexibility — they choose when and how much to convert, and we make it easy, reducing paperwork by creating a single mirrored contract.

• The ability to turn the IRA into guaranteed income for life through the product’s Income Benefit Rider. 

Plus, clients can choose to have EquiTrust handle the tax withholding for them!

COMMISSION

SPECIAL

All FIAs including Bridge^®,
plus WealthMax Bonus Life^®

Sales idea recap

Sales ideas sent to you in January issues of Sales Week:

• Unlock the potential of short-term fixed index annuities
• No interview, no problem! Everyone’s approved for Bridge^® LTC coverage
• New! Expanded eligibility — 10% bonus FIA for Inherited IRA cases!
• Minimum guaranteed rates remain steady — making our annuities stand out! 

Administrative news briefs

IRA contribution deadline

The deadline to make IRA contributions for the 2024 tax year is April 15, 2025.

Use updated financial distribution forms

The IRS created new tax reporting forms in 2022 regarding federal tax withholding, which we must now use for both periodic payments and non-periodic payments from annuities or life insurance policies. Form W4-P is required for tax withholding on periodic payments from annuities, which we define as installment payments made at regular intervals and includes systematic withdrawals. Form W4-R is required for tax withholding on non-periodic payments, including one-time withdrawals from annuities or life insurance policies. To comply with the IRS W-4 requirements, we have updated our inforce financial distribution forms. Use the updated forms to avoid delays in processing client requests. Go to Agents.EquiTrust.com, then click the Forms & Supplies tab.

New this year — tax forms available online

All tax forms have now been mailed. 2024 1099-R tax forms are now also available on the client website, and 2024 1099-NEC forms are available at Agents.EquiTrust.com in the drop-down menu under the username in the top-right corner. Multi-factor authentication login is required to obtain tax forms.

Annuity claimant guide helps avoid delays

Our newly created annuity claimant instruction guide can be used to assist beneficiaries in completing the claims process while avoiding delays. Get it now on Agents.EquiTrust.com under the Forms & Supplies tab.

866-598-3694  |   Sales.Support@EquiTrust.com   |  Agents.EquiTrust.com

Active Member

Contract issued on Contract Form Series ICC18-ET-MP10-2000(05-18) or ET-MPP-2000(02-05). Income Benefit Rider issued on Form Series ICC16-ET-IBR-FIXED(07-16) or ET-IBR(06-08).

EquiTrust does not offer investment advice to any individual or agent/producer and this material should not be construed as investment advice. Products underwritten, issued and distributed by EquiTrust Life Insurance Company, West Des Moines, Iowa.

 1995-GEN-EM-MO (01-25)

FOR FINANCIAL PROFESSIONAL USE ONLY