Demutualizing of Annuity Provider

[Christine Roberts]

Is anyone familiar with the procedures and options when a plan's group annuity provider is reorganized and "demutualized," with a resulting distribution to the plan of shares of stock in the reorganized entity (or cash equivalent)? Standard Insurance Company is currently going through this process.

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[Everett Moreland]

I am dealing with this for some clients and can probably help you. Email me your phone number and I'll call you.