Monday, June 05, 2006

 

Former Tax Dodge Could Boost Fixed Annuity Sales

As a result of recent tax law changes, insurers can expect to see an increase in annuity sales by late-start retirees who own business or professional corporations.

The changes, which present a major opportunity for issuers of fixed annuities, including fixed index annuities (FIAs, also known as equity index annuities or EIAs), involve 412(i) defined benefit plans.

Former Tax Dodge Could Boost Fixed Annuity Sales
Source: Insurance News Net

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