Offered at zero cost, contracted producers who meet eligibility requirements are automatically enrolled in the deferred compensation program and earn additional basis points on their premium, which will grow tax deferred and be paid by Creative at a later date.
"We are excited for the opportunity to provide long-term benefits for producers who spend their careers improving the financial lives of others," says Mike Tripses, Creative Marketing's president.
State Street Launches Upromise 529 Plan
State Street Global Advisors (SSgA), has partnered with the state of Nevada and Upromise Investments Inc. to launch the SSgA Upromise 529 Plan. Designed to lower costs and simplify investment choices, the plan features investment strategies that will be implemented using State Street's SPDR exchange-traded funds.
New investment choices include portfolios geared to the college entry date, portfolios adjusted for risk or savings portfolios, which will be managed by SSgA's Investment Solutions Group. The plan may be directly sold or purchased through a fee-based registered investment advisor.
For more information, visit www.ssga.upromise529.com.