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First Heartland Blog

IRS Announces New Per Diem Limit

In 2016, the Internal Revenue Service (IRS) has adjusted the per diem limit, which applies to qualified long term care insurance and chronic illness riders on life insurance policies that pay on an indmenity basis.

What Changes Were Made to Social Security?

On November 2nd, Obama signed the Bipartisan Budget Act of 2015 and made significant changes to Social Security as we know it today. Many clients might not be aware that changes occurred. The following is an overview of some of the changes you should know about and understand as we approach an extremely critical deadline at the end of April.

Is Time Running Out On Your Client's FIA's?

With the new year, comes some big news that could have an effect on your FIA business. At the start of 2016, mortality table adjustments will be made to guaranteed living benefits on FIA’s. Companies such as American Equity, Great American, and North American will all be adjusting their benefits based upon these new tables at the start of next year.