IRS Issues Final Regulations on Longevity Annuities in Individual Account Plans
By Lisa A. Scalia, CPC, QPFC, QPA, QKA Joanne Jacobson, JD, LLM Marjorie Martin, EA, MAAA, MSPA From the Knowledge Resource Center of Buck Consultants Effective July 2, 2014, deferred annuities that meet the criteria for a qualifying longevity annuity contract can be excluded from participant account balances when calculating required minimum distributions. This will […]
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