Cenco eNews
Helping Agents Succeed Since 1978
April 11, 2023

Managing When And How
You Are Taxed?

Are your client’s buckets balanced? There are many ways your clients can set aside money for retirement.  How they allocate their money may help enhance their retirement distributions by adjusting how and when they are taxed.  

Walk your clients through the Tax Dilemma flyer to help them see if adjustments can help provide greater control of the taxes they will pay.  After all, it’s not necessarily how much money you have that is important…it’s how much you get to keep that really matters.

Take The Guesswork Out Of Retirement Income -- For Life

Add certainty to your clients’ retirement income strategy with the Assured Edge Income Achiever fixed annuity.
  • Secure initial income of up to 8.6% per year for life based on issue age and the number of individuals covered. For example, a single client can take out:
    6.6% at age 60
    7.6% at age 70
    8.1% at age 75
  • Increase income by 8.5% every year until lifetime withdrawals begin.
  • Guarantee income for one or two lives regardless of market performance.
Show clients today how their income can grow tomorrow with Assured Edge Income Achiever.

Are Your Clients Budget Conscious?

Balancing short and long-term protection within your client’s budget is easier than you may think.

One solution is to place both a term and permanent policy in place right from the start.  This lowers your client’s overall cost vs. permanent insurance alone while still meeting their life-time protection goals.  Check out AIG’s sales tools “butterfly” graphics that illustrate this two-policy approach in the simplest terms

Annuity Corner

Save Your Clients Money With Guarantees

CDs are popular for those wanting a safe, low-risk way to save money.  A posted 10/22 Bankrate average for a 3-year CD was .98% and is income taxable.  A 3-year Multi-Year Guaranteed Annuity (MYGA) offers 4.7% and is not currently taxable.  Which one would be better for your client?

Help strengthen your client’s relationship with you. Check the rates below and contact Cenco for the most current rates for any available time periods.  Your clients will be glad you did, and so will you.

Don’t miss the chance to solidify your client relationships with the best MYGA rates including
some recently updated California rates:
  • A Top 2-year rate – 4.40%
  • A Top 3-year rate – 5.00%
  • A Top 4-year rate – 5.05%
  • A Top 5-year rate – 5.40%
  • A Top 6-year rate – 5.25%
For more information and carrier details contact your Cenco support team.

DI Did You Know

May 2023 Is Disability Insurance Awareness Month

Life Happens created and coordinates Disability Insurance Awareness Month (DIAM) every May because disability insurance is arguably the most misunderstood of all major insurances.  But, it doesn’t have to be.

This year’s theme is…Disability Insurance: For Anyone Who Works.  Whether you are a salaried or hourly employee, freelancer or business owner, you rely on your income.  Think of disability insurance as protection for your ability to earn a living.  Read more…

Carrier Incentives

Travel the World With Cenco!

Stay tuned for more carrier incentives.
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Contact the CENCO TEAM:
Cathy MartinBrianna Solano, and Shelli Welch, CA license #0C78343

Cenco Insurance Marketing Corporation, CA license #0561429
1501 El Camino Ave, Suite 1
Sacramento, CA 95815

Phone: (916) 920-5251
Toll Free: (800) 45-CENCO
Fax: (916) 920 8734

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