The landscape of the life insurance industry continues to evolve in 2021, as we had expected. The relief bill put out by Congress at the end of 2020 enacted several (somewhat unexpected) changes to the life insurance industry, the primary change being an update to Section 7702 of the Internal Revenue Code. As a reminder of what Section 7702 is and what those changes entailed, below is an excerpt from my last article.
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Product R + D
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Retirement Inside Out sat down with proclaimed “annuity rockstar” and “life insurance nerd” Sheryl Moore to talk regulation, changes, and shifts in the fixed insurance and annuity space. A person of many …
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Confusion can often swirl around the question, “Is cash value part of the death benefit?” We hear this question from time to time from novice and seasoned financial professionals alike. Perhaps the …