Belgarath Posted February 3, 2004 Posted February 3, 2004 The Treasury department will issue a proposed regulation,two revenue rulings and a revenue Procedure on 412i plans within the next three weeks. This is according to Jim Holland from the IRS. According to Mr. Holland who was in attendance at the Los Angeles Benefits Conference, the issue of supressed cash value products will be addressed. Nick Paleveda MBA J.D LL.M CEO of the 412i Company and Charles Gramp Chief actuary of ARIS talked to Mr. Holland about the upcoming changes. "The insurance Industry isn't going to like it" said Mr. Holland.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now