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The 2025 Required
Minimum Distribution deadline is this Friday,
and Atlantic Coast Life Insurance Company (Atlantic Coast Life) would
like to remind you that all paperwork must be complete and in good
order, and received no later than Friday, December 12, 2025.
Please also take the time to advise your policyholders of this
deadline to help ensure a smooth process.
Important requirements and details for 2025
RMDs:
·
This year’s deadline is
December 12, 2025
·
Atlantic Coast Life
will attempt to process paperwork received after December 12th but
cannot guarantee it will be completed before the end of the
year
·
All RMD payments will
be reported in the year they are processed
·
Agents can access
distribution paperwork on the Agent Portal. Note: policies with
riders have specific distribution forms
·
Distribution paperwork
needs to be received in good order
To ensure proper submission, avoid these common
omissions:
·
Incomplete signatures
(if the policy is joint owned, missing non-natural owner titles such
as “Trustee”, “POA” or a business title)
·
Not including a copy of
a voided check for systematic withdrawals
·
Not providing a start
date
·
Requesting a penalty
free RMD without the RMD rider on the policy
·
Missing a tax election
If you have any
questions regarding RMDs, please contact the Policy Service
Department at AnnuityPolicyService@illumifin.com or
the Home Office at 1-844-442-3847.
The 2025 RMD Flyer can be found, HERE.
Thank you,
Atlantic Coast Life
Insurance Company
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