Why MYGAs are enjoying a renaissance
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On October 12th, the NAIC Life Insurance and Annuity (A) Committee’s Indexed Universal Life (IUL) Illustration (A) Subgroup (IUL Subgroup) exposed for comment four options to amend...
Fairfax, VA (PRWEB) December 01, 2021 -- NAILBA, the Voice of Independent Distribution (ID), has announced the 2021 recipients of the ID Twenty Awards. Now in
A Small Tax Change Is a Boon for Permanent Life Insurance Insurers worried that a government rule from 1984 threatened certain products—and sought Washington’s help A change by Congress will generally increase the amount of money that policyholders can contribute to their so-called cash-value accounts. Photo: Samuel Corum/Bloomberg News By Jan. 10, 2021 8:00 am ET Federal lawmakers’ big year-end spending package includes a little-noticed revision of the tax code that is likely to boost sales of life insurance, particularly for wealthy American...