Author Archives: Jeffrey Berson

About Jeffrey Berson

40 years in and around the industry has made Insurance a part of my DNA. I have had the pleasure of working with and for some of the greatest minds in our industry. My "Bersonal" View is an attempt to capture some of the best ideas, the best concepts and the best practices in a way that can lead to success for others. It will certainly be my point of view, so please...don't take it "Bersonal".

New Group Lobbies DOL on Fixed Indexed Annuities’ Treatment Under Fiduciary Rule

Annuity Consumer Choice Campaign wants fixed indexed annuities out of BICE Annuity supporters are fighting to ensure that fixed indexed annuities get treated the same as other fixed annuities and not lumped in with securities products under the Department of … Continue reading

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Top 10 reasons to sell fixed annuities

Here are 10 reasons to consider a fixed annuity: Competitive interest rates. Annuities offer the flexibility of several interest rate guarantee options. Your clients can lock in the initial interest rate guarantee that works best for them. Tax-deferred growth. While … Continue reading

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DOL Requests 18 Month Extension

Extension requested for BICE, two other PTEs to July 1, 2019 The Labor Department is proposing to extend the January applicability date of its fiduciary rule by 18 months. In a filing with the court in the case being brought against Labor by Thrivent Financial … Continue reading

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Prudential Restructures

  Published 07/24/2017 – by Brian Anderson In the latest restructuring move involving major life and annuity carriers, Prudential Financial unveiled a new organizational structure on July 20 intended to extend its customer reach and facilitate pathways to new markets. … Continue reading

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A Case Study in Long Term Care

Long-term care and the cost of care can be overwhelming for most. In the past, traditional stand-alone LTC policies were the only way to insure long-term care expenses. These days, there are more ways to obtain this valuable coverage – including … Continue reading

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Newlyweds Need to Think About Taxes

Spring showers bring summer flowers and weddings typically aren’t far behind. Newlyweds have a lot to think about and taxes might not be on the list. However, there is good reason for a new couple to consider how the nuptials … Continue reading

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Stretch it Out

One of the primary benefits of an Individual Retirement Account (IRA) is the ability to defer taxes. The longer the deferral the faster the IRA will grow. The idea of “stretching” your IRA is c concept that has been talked … Continue reading

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