IRS Makes Annuities RIA-Friendlier

By Thu, Aug 15, 2019

'The fees [the annuity issuer] deducts from the contract’s cash value and remits to the advisor will not be treated as an "amount received" by the owner of the contract,' the IRS told several life insurers in separate Private Letter Rulings.

Already a subscriber? Log in here

This article is FREE for you...

Create a free account to access this article and get more Retirement Income Journal information sent to you by newsletter.

Or, subscribe now for unlimited access and a free book sent to you!

By submitting your email address you agree for Retirement Income Journal to send you communication by email