IRI questions proposed rules for longevity-annuity contracts

The Insured Retirement Institute has raised concerns about rules proposed by the Internal Revenue Service that would govern longevity-annuity contracts. The IRI is asking what effect that rules on minimum distributions may have on companies' ability to sell deferred annuities, which can pay out at higher ages.

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Longevity in annuity contracts cause concern for IRI - BenefitsPro.com

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