Fee-based annuities still require caution, despite IRS olive branch
The agency may have fixed a big tax problem for RIAs, but issues remain with many fee-based products.
Financial advisers who use fee-based annuities are likely celebrating after the Internal Revenue Service extended an olive branch last week, ruling favorably on how advisers can charge for annuity advice.
But registered investment advisers should hit pause before the party becomes an all-out kegger
Learn more about reprints and licensing for this article.
