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IRS Approves "Longevity" Annuity by Sutherland Asbill & Brennan LLP - Washington Office
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September 30, 2009
Previously published on September 28, 2009
In Private Letter Ruling 200939018 (June 18, 2009), the Internal Revenue Service (IRS) ruled favorably on an annuity product providing benefits only in the event the annuitant lives to a specified date.
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