Topic
Annuities
203 published works
Wills, Trusts & Estates Prof Blog
The Tax Implications Of An Inherited Non-Qualified Annuity
When a person inherits assets there are often tax implications that they need to consider. There are a whole host of complicated tax aspects that come with non-qualified annuities and…
Wills, Trusts & Estates Prof Blog
Making An Annuity A Part Of Estate Planning
Annuities can be a very valuable retirement planning tool if they are not misused. The two kinds of annuities are variable and immediate with the first kind being oversold to…
Wills, Trusts & Estates Prof Blog
Growing Call For Restrictions On Annuity Sales Agent Perks
Incentives are often offered to salespeople when they hit certain goals and usually include such rewards as big bonuses, trips, and other expensive gifts. However, a growing chorus of voices…
Wills, Trusts & Estates Prof Blog
What To Know About Qualified Longevity Annuity Contracts
As the average life expectancy continues to increase there are many Americans that are concerned about outliving their retirement savings. There is a new type of retirement savings vehicle being…
International Financial Law Prof Blog
Court Clears Path for Medicaid-Compliant Short-Term Annuities
Medicaid compliant annuities can play a powerful role in a client’s long-term care plan if used carefully so that the client does not run afoul of the strict Medicaid resource…
Elder Law Prof Blog
Do Tontines Have a Valid Role in Modern Retirement Planning?
Jeff Guo, writing for the Washington Post, recently offered a provocative look at "tontines" as a theoretical retirement planning alternative to "annuities." Apparently these are advocated by some modern legal and financial experts:Economists…
Elder Law Prof Blog
Third Circuit Rules Medicaid Applicants’ Short-Term Annuities Are Not “Resources” Preventing Eligibility
In a long awaited decision on two consolidated cases analyzing coverage for nursing home care, the Third Circuit ruled that "short-term annuities" purchased by the applicants cannot be treated by the state…
Employee Benefits Blog
DOL Clarifies Fiduciary Duties for Defined Contribution Plan Sponsors Offering Annuity Contracts
By Brian Tiemann, Joseph K. Urwitz
The availability of annuity options under defined contribution plans has increased in recent years due to the shift from defined benefit to defined contribution plans. The U.S. Department of Labor…
Benefits Law Advisor
IRS Prohibits Future Annuity-to-Lump Sum Conversions for Defined Benefit Plan Retirees Currently Receiving Benefits
By Allan S. Friedland, Kenneth C. Weafer
On July 9, 2015, the IRS released Notice 2015-49 (the “Notice”) informing taxpayers that the Service and the Treasury intend to amend the required minimum distribution regulations to eliminate the…
Structured Settlements 4Real® Blog
Life Company Terminates Broker for Pushing Recycled Structures
By John Darer
by Structured Settlement Watchdog® Is it kosher for an appointed agent of a structured annuity issuer to compete against that company and its other appointed agents with structured settlement payment…