NAIFA’s Posture on Retained Asset Accounts

Retained Asset Accounts (RAAs) have been in existence since 1982 and are utilized by many insurance companies as the default option for distributing policy benefits at the time of a policyholder’s death. Read more

Small Business Bill Becomes Law

On September 27, President Obama signed H.R. 5297 after months of House and Senate debate.  Read more

Obama Board Offers Options for Tax Simplification

On August 27, the President’s Economic Recovery Advisory Board Subcommittee on Tax Reform (PERAB) sent to the President a 126-page report that contains a series of options to simplify the tax code (without raising taxes on those who earn less than $250,000 (married). Read more

DOL, Treasury Hold Two-Day Hearing on Lifetime Annuitization

On Sept. 14-15, the Departments of Labor (DOL) and the Treasury held a two-day hearing on lifetime annuitization of retirement funds. Read more

Congress Heads Home for Elections, Leaving a Trail of Unfinished Business

The House and Senate have adjourned—heading back to their states and districts for the stretch run to the November 2 Congressional elections. Read more

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