EFT Ensures Clients Get Funds on Time

One benefit of an individual annuity contract is that it can provide a regular stream of income. Many clients rely on these payments on specific dates to help cover bills and everyday living expenses.

Clients can still get paper checks if they prefer, but Electronic Funds Transfer, or EFT, is designed to deliver scheduled payments directly to your bank account, helping to ensure timely receipt.

EFT sends your payments straight to your bank account on your scheduled payment date. To set up EFT, send us:

• Our Request for EFT of Annuity Payout Form 11426
• A voided check for checking accounts, or
• A bank letter that shows the routing and account numbers. Ensure the account accepts EFT. They can send their form and documents by mail, fax or email. We accept both originals and copies.

Keep in mind:

• EFT is for scheduled payments only
• We can only use EFT for your regular annuity payments.
• One-time payments must be sent by paper check.

Questions? We’re here to help!

Call us at 800.247.6888 or Send Us a Message