7702: Know What's Coming
Join us Wed., Sept. 22 @ 2:00 PM, for Your Clients and Potential Tax Law Changes: Don’t Ignore What’s Coming. The Consolidated Appropriations Act, 2021 changed the minimum interest rates used in the calculations under 7702 that apply for contracts issued after December 31, 2020.
What does this mean for your clients?
In general, the change to lower interest rates in the various calculations under sections 7702 and 7702A will result in increased funding limits for life insurance contracts. Attend the webinar to learn more.