The last commission payment processing cycles for 2017 are:
- Fixed life and fixed annuities – Friday, December 22nd, 2017
- Long term care insurance – Friday, December 22nd, 2017
- Variable life and variable annuities – Friday, December 22nd, 2017
Final commission payments will also include earned commissions that have not previously met the $50 minimum check amount. For this final payment only, the minimum amount is $.01.
Genworth is closed for the holidays on Friday, December 22nd, Monday, December 25th, and Monday, January 1st. Commission payments will be distributed as follows:
- Daily EFT and DTCC(NSCC)
- Fixed life/fixed annuities – Tuesday, December 26th, 2017
- Variable life/variable annuities – Tuesday, December 26th, 2017
- Weekly EFT and DTCC(NSCC)
- Fixed life/fixed annuities – Tuesday, December 26th, 2017
- Long term care insurance – Tuesday, December 26th, 2017
- Variable life/variable annuities – Tuesday, December 26th, 2017
- Checks – Tuesday, December 26th, 2016
- Genworth will resume normal commission payments January 2nd, 2018
Please direct questions regarding year-end commissions to LC@genworth.com, 800-991-5684, option 3 or to your Genworth Sales Support Team at your dedicated toll-free number.
Genworth’s 2017 Commission Year-End Pay Schedule
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