Annuity Fee Change Benefits Account Holders, Security Benefit Says

March 15, 2021

Security Benefit was featured in a recent article by Financial Advisor Magazine.

Security Benefit has received permission from the IRS to treat fee payments in a way that benefits annuityThe permission, which was included in what is known as a private letter ruling from the IRS, allows advisors using Security Benefit annuities to deduct their fees from annuities without the account holder having to pay taxes on the fees. 

Read the complete article from Financial Advisor Magazine.

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