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How Do DOL Rules Impact Insurance Producers?
InsuranceNewsNet.com Link to more items from this source
Feb. 22, 2021

"This new PTE ... is simply an additional way for persons who are categorized as 'fiduciaries' under Section 4975 of the Tax Code to qualify to be paid a commission for selling products or services to qualified plan participants and individual retirement account owners.... PTE 84-24 has covered insurance agents and brokers and their affiliates to allow the sale of life insurance and annuities to qualified plans. This option remains available[.]"

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