Albert E. Gibbons
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AALU Washington Reports



June 2004

General Estate and Gift Tax Developments: March 2004 – 6/28/04

NASD Proposed Rule Respecting Sales of Variable Insurance Products – 6/21/04

House Approves New Deferred Compensation Rules – 6/18/04

Final Minimum Required Distribution Rules Allow Distributions of Variable Annuity Contracts – 6/18/04

House Ways and Means Committee Approves the American Jobs Creation Act Including New Deferred Compensation Rules – 6/15/04

Supreme Court Addresses Pension and IRA Issues – 6/11/04

Long-Term Disability Benefits Paid Under Employer Plan Are Not Includible In Employee’s Gross Income When Premiums Are Paid With After-Tax Income – 6/11/04

Additional Analysis on The New Deferred Compensation Rules Introduced in The House Earlier In June – 6/11/04

Joint SEC/NASD Staff Report Issued On Sales of Variable Insurance Products – 6/10/04

As The June 22 Senate Finance Committee Hearing on Charitable Matters Approaches, Senators Gordon Smith (R-OR) and Kent Conrad (D-ND) Express Concern Over State Legislation Allowing Investors to Use Charity’s Rights Under Insurable Interest Law – 6/10/04

Larry Raymond Testifies on Behalf of AALU/NAIFA at IRS Hearing on Insurance Contract Valuation – 6/9/04

AALU, NAIFA, ACLI, Action Opposing State Legislation to Allow Private Investors to Use a Charity’s Right Under Insurable Interest Law – 6/7/04

An Updated Version of the Deferred Compensation Legislation Introduced In the White House With An Immediate Effective Date – 6/4/04

Status of Legislative Attack in Illinois on Corporate Owned Life Insurance – 6/3/04

Louisiana Guidance and Proposed Legislation on Corporate Owned Life Insurance – 6/3/04

Cash Surrender Value of Life Insurance Contract is Includible in Gross Income – 6/2/04

Assets Held in a “Fund of Funds” Segregated Variable Account Will be Treated As Owned By Life Insurance Company – 6/1/04

  
 
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