Annuity Alert: Preserving FA Tax Deferral and DOL Proposes New Fiduciary Rule

December 12, 2012

The Congressional Budget Office (CBO) has scored annuities as one of many potential go-to products to consider for new tax opportunities. In the case of annuities, the CBO projected the potential for an additional revenue to the government of $30 billion.

Across the Hill, as we had originally suspected, we can now also confirm that the Department of Labor (DOL) are in fact planning to re-propose their Fiduciary rule. NAFA is actively engaged in monitoring and communicating our position on these topics..

View the full Annuity Alert on these issues here.