Announcement: SOA congratulates the new ASAs and CERAs for July 2024.

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  • New IRS Letter Ruling Provides Guidance on Substantially Equal Periodic Payments from Immediate Variable Annuities
    provides guidance on the treatment of variable annuity payments as “substantially equal periodic payments” ... purposes of the definition of “immediate annuity” under section 72(u)(4).1 The ruling is significant for ...

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    • Authors: Application Administrator, Bryan W Keene, Alison L Reynolds
    • Date: Sep 2008
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Taxing Times
    • Topics: Annuities>Payout annuities