Chained CPI Could Short-Change Retirees
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The person designated under an annuity contract to receive payments if the contract holder or annuitant dies.
While it might be an unusual time to provide an explanation of Swiss annuities given what has been taking place of late with the Swiss franc and related decisions made by the Swiss National Bank, it still makes sense for any financial services consumer to understand potential benefits of these products.
A...
Jerry Golden--often referred to as the father of variable life insurance and variable annuities--has had a distinguished career as an innovator...
Great question.
We are not tax / financial advisors, but will try to provide some information that points you in the right direction and enables you to present good questions to your advisors.
The relevant section of the IRS code appears to be: Treas. Reg. section 1.401(a)(9)-6, Q&A12
Note that there appear to have been some relevant modifications to the IRS code in 2006.