2024 Benefits for 2023 Elite Qualifiers
| 2024 Sales Total | 1-2M Credits | 2-5M Credits | 5M+ Credits |
| Additional Commission | 25bps FIA, 8bps MYGA | 75bps FIA, 25bps MYGA | 100bps FIA, 30bps MYGA* |
| Exclusive Events | |||
| Concierge Service | |||
| Accelerated Bonus Payouts |
*Top-Tier Loyalty Rewards in 2025: To earn +100bps for FIA and +30bps for non-NY MYGA placed premium in 2025, you need to achieve 5M+ credits in both 2024 and 2025.
Even Stronger Compensation
2023 Elites have more compensation potential. 2023 Elites who earn 2M+ credits in 2024 will receive accelerated Elite bonus payouts, administered quarterly after 2M+ credits are achieved.
Elite Service
Get direct access to a dedicated team, including a new business case manager, wholesaler, and post-issue service representative, as well as express new business processing.
Leadership Access
Receive exclusive invitations to conferences and events. Connect with Nassau’s senior management and product development teams to share feedback and ideas.
5 contract/policy minimum required for compensation enhancements at all levels. Excludes MYAnnuity 5X placed premium in New York. Compensation based on placed premium, not credits. 2023 Elites are ineligible for the Year-End Blitz program.
2024 Benefits for All Others
| 2024 Sales Total | 1-2M Credits | 2-5M Credits or Year-End Blitz | 5M+ Credits |
| Additional Commission | 25bps FIA, 8bps MYGA | 50bps FIA, 15bps MYGA | 75bps FIA, 25bps MYGA |
| Exclusive Events | |||
| Concierge Service | |||
| Accelerated Bonus Payouts |
Strong Compensation
Earn more commission the more you sell annuities with us. Receive the compensation in a single, lump-sum payment after the close of the year.
Year-End Blitz Program
Earn tier-two benefits for Nassau Elite faster. Place 750K credits and 4 contracts/policies between 9/1 and 12/31/2024.
Elite Service
Get direct access to a dedicated team, including a new business case manager, wholesaler, and post-issue service representative, as well as express new business processing.
Leadership Access
Receive exclusive invitations to conferences and events. Connect with Nassau’s senior management and product development teams to share feedback and ideas.
5 contract/policy minimum required for compensation enhancements at all levels (except for Year-End Blitz program). Excludes MYAnnuity 5X placed premium in New York. Compensation based on placed premium, not credits. 2023 Elites are ineligible for the Year-End Blitz program.
Reach the Elite Summit
How to Earn Credits
$1 of FIA placed premium equals 1 qualification credit
$3 of non-NY MYGA placed premium equals 1 qualification credit
$1 of Medicare Supplement annualized, placed premium equals 14 qualification credits
Eligible Products
Nassau Bonus Annuity PlusSM
Nassau Income Accelerator
Nassau Bonus AnnuitySM
Nassau Growth Annuity®
Nassau Personal Income Annuity®
Nassau Personal Protection Choice®
Nassau MYAnnuity® 5X, 7X (non-NY)
Nassau Simple Annuity
Nassau Medicare Supplement Insurance
Important Details
Eligible products are subject to state approval and may not be available in all states. To learn more, call our sales desk at 1-888-794-4447.
Qualification period runs from Jan. 1, 2024 to Dec. 31, 2024 (except for Year-End Blitz program). Placed premium excludes free looks and cancellations. Qualification credits only apply to placed premium of eligible products submitted with eligible firms. Participants must have an active contract and be in good standing to receive incentives. Final qualification remains at the sole discretion of Nassau. All compensation payouts remain based on actual fixed indexed annuity and MYGA placed premium, not qualification credits. Compensation increases are proportionally equivalent between Nassau’s FIA and MYGA products. 5 contract/policy minimum for compensation enhancements at all levels. (except for Year-End Blitz program) Qualification credits or Elite qualification may not be transferred to another appointed individual/producer. All Elite Program payments will be subject to product charge back rules. Some event expenses related to you (and your potential guests) that are associated with the Nassau Elite Producer Program may be taxable to you and reported on a 1099-NEC. You should consult your tax advisor if you have questions about the tax treatment related to any event-related expenses or your individual situation. Nassau is unable to substitute cash equivalent or awards in lieu of attendance. 2024 and 2025 program details are subject to change at Nassau’s discretion.
Disclosures
For producer use only. Not for use with the general public. Product sales must be appropriate, based on a comprehensive evaluation of the customer’s financial situation needs and objectives. Product features, riders and availability may vary by state. Nassau Bonus Annuity Plus (23FIA4, ICC23FIA4), Nassau Income Accelerator (ICC19EIAN,19FIA), Nassau Bonus Annuity (19FIA3, ICC19FIA3), Nassau Growth Annuity (19FIA3, ICC19FIA3N), Nassau Personal Income Annuity (ICC19EIAN,19FIA), Nassau Personal Protection Choice (ICC19EIAN, 19FIA), Nassau Simple Annuity (18FADTCP and ICC18FADTCP), and Nassau MYAnnuity 5X/7X (18IFDAP and ICC18IFDAP/ICC18IFDANP) are issued by Nassau Life and Annuity Company (Hartford, CT). In California, Nassau Life and Annuity Company does business as “Nassau Life and Annuity Insurance Company.” Nassau Life and Annuity Company is not authorized to conduct business in ME and NY, but that is subject to change. Medicare Supplement insurance is issued by Nassau Life Insurance Company of Kansas. Nassau Life and Annuity Company and Nassau Life Insurance Company of Kansas are subsidiaries of Nassau Financial Group. The insurers are separate entities and each is responsible only for its own financial condition and contractual obligations. BPD41925