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Committee of Annuity Insurers Comment Letter to IRS on Proposed Qualifying Longevity Annuity Contract Regs (PDF)
Committee of Annuity Insurers
[Opinion] May 9, 2012
"First, [the Committee suggests] certain modifications to the regulations that would increase flexibility in QLAC designs.... Second, [the Committee offers] suggestions for modifying the limits that the proposed regulations place on QLAC premiums.... Third, [the Committee asks] for several technical clarifications to the regulations in anticipation of questions that may arise in the future as taxpayers and the government implement the final rules. Finally, [the Committee asks] that the [IRS] coordinate with [DOL] on certain reporting and recordkeeping issues."
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