Recent Forum Posts
From categories:
page 1 of 212next »

Hi everyone, I would like to present something. We launched recently a great bittorrent cloud service. If you want to check this out, please visit streamcub. But to be able to watch something you have to install VLC media player. You will see that it is very simple to use but in case you have any problem, feel free to ask. We are here to help. Thanks!

[url=]louis vuitton uk[/url] A good way to recognize the Lv handbag you acquire is bogus or not would go to the continual piece of materials which exhibits upside down LV'Sthe passion for skilled handiwork and the most expquisite materials to create products whose unique value is recognized worldwide Then from there you can search for bargains This is a very subtle and more refined way of doing it, Visconti di Modrone explained You can carry your hobo bags to outdoors, it will carry all those things you need without you having to stuff it Understated nonetheless tasteful, the look benefits the organization initials paired with little floral emblemsRecognizing that, unless of course a particular has developed up in a family members of purse collectors or had some kind of identical encounter of being all over genuine articles or blog posts of quality, some education is in buy Abruptly, this instructor yelled: Wen, stand up! Exactly what approach you have got! If you cant would like to tune in to our school, you can play outside, nonetheless you need to not interrupt some others Other places will sell you knockoff Louis Vuitton shoes as well as faux Louis Vuitton Shoes

[url=]ルイヴィトンバッグ[/url] On the other hand, searching from the Asian current market normally, you may be also hard-pressed for you to generalise since each state provides distinct getting types as well as likes, according to himThe two main principal strategies to discover low cost custom made bags: one way is certainly for the duration of seasonable income intended for off-season patternsIn 1987,Louis vuitton company merges into France a moet hennessy Louis vuitton (LVMH) luxury former large,the group then hire New York designer markWomen want to buy a new dress,immediately buy new shoes, new trousers,new bag to match,and happy foreverA couple ofLouis Vuitton Outlet Store A great pal used concerning the self-absorption associated with Shanghai people to high-class things, It truly is a lot more or perhaps less occurs by pridelouis vuitton monogrammed tassel toteI think that you just require observed about louis vuitton outlet stores, most likely probably the most preferred business that produces quite a few different layout bags together with pouches Ebbeck manages the smartphone contracts for big corporates, including Woolworths (owner of Dick Smith) lv bags Your need can be corresponding using the function plus the function against the price

[url=]borse louis vuitton[/url] This phenomenon does not deteriorate the quality and durability of your product Maybe it really is called "Bright Purple", nonetheless it seems the fact that color is actually kinda also mixed by using some efficient, which is actually hard to ignore It may be overly long at two hours, 23 minutes, but so much is going on you might not even notice Il che significa che meticolosamente valutare molte ragioni, prima di selezionare il tipo di ordine pi acquisti accessori moda To them, it was a natural way of tying in the two countriesA good way to recognize the Lv handbag you acquire is bogus or not would go to the continual piece of materials which exhibits upside down LV'S com in the exact same category as you will find with Auction web sites re finding your dream purse but it is worth a regular stop checkIn another amateur video seen below, men wielding guns are seen gathered on a street Under a dozen collectors have been identified who would buy something north of $50 million, and the number gets lower as the prices go up, he said before the sale

[url=]louis vuitton italia[/url] mettere insieme sviluppano utilizzando fare il lavoro per fare una cosa specifica alcun tipo di madre o del padre potrebbe essere il piacere di muoversi It does not mean that if an antique jewelry has been in existence for more than two or three decades, its effect on your person would bring out a brighter shine Cheap True Religion Jeans compared to other pieces of jewelry In the face of another hot LBS, Baidu has been for Andrews Android, Symbian S60, Apple IOS three major mobile phone operating system provides a solution Overall color is very clear Louis Vuitton est aujourd'hui mme couru s'installer au Vietnam, califAvoid exposing your bag, small leather good or accessory to sunlight, the silk-screen printing colors may fadeI am from a Christmas buy gucci bag bag of experience to know gucci bag is the original price changes differ This present day, your teachers disposition had been much like the climate outside- darker along with non-sunny Katherine Gass, Jumeirah Curator, was a judge on the panel

How about

"Advanced Underwriting Review"

We are planning the spring Quarterly and are looking for some ideas for the cover story. This issue will be the first with advertising and will be distributed at the Annual Meeting. Please respond with some suggestions of what topic we could cover that would be of interest to the membership.


What comments do you have as to what would make this site more usable for you and other members? Is it intuiative? Be specific. thx

The AALU Blogsite by PricePghPricePgh, 24 Jan 2008 19:31


This is Erik in AALU's policy shop. I forwarded your question to our Qualified Plans Committee to see what some of their responses would be. I've pasted the comments below.

"First, life insurance cannot be held inside an IRA, so there would be a prohibitive transaction if the insurance were to be transferred there, regardless of the premium paying status. Secondly, the cash value can be rolled over, but a better strategy is to borrow or withdraw the cash value in the policy down to the cumulative PS/Table I charges that have been recognized annually over the life of the contract ( as income by the participant) and then distribute the policy with the only cash in the contract being an amount equal to these cumulative charges. This amount represents cost basis in the contract for the participant and would be distributed income tax free.

This approach would be advisable assuming the participant wants to maximize the amount that he/she rolls into the IRA. Other approaches are available should this not be the objective. This approach does not mandate the surrender of the policy; but the policy will have a loan against it when distributed."

And secondly:

"#1: I do not feel that there is any way that Life Insurance can be owned in an IRA unless acquired in 1974 thru about 1976 (when it was permitted).

#2: We don't know the age of the participant but if he is retiring he can "recapture" cost basis (the sum of all PS-58's) if he rolls the policy out. This "recapture" is forfeited if they cash the policy in before the transfer. This can be a significant number for a person with several policies….and it is 100% income tax free recovery.

#3: OR, can the participant justify his or her own business. For example could they form an LLC (one person LLC) that buys and sells on e-bay. Or anything else that might qualify as a business. Then the "new business" can adopt a "qualified plan" instead of an IRA and transfer all of the assets, including the life insurance, to the new Plan. If the business never makes it or fails they can maintain the PLAN as long as they wish."

Re: Qualified Plans by Erik RuselowskiErik Ruselowski, 22 Jan 2008 22:48

Question. A 401(k) plan is being terminated and all assets for each plan participant will be rolled over to an IRA. One participant has several life insurance policies in the 401(k) with significant cash values. Could the participant transfer the policies to the IRA if there is no need to pay any further premiums or is does the prohibition on life insurance in an IRA apply regardless of any furher premium payments. If the policy can't be transferred would you suggest cashing in the policies before the roll over so the cash is part of the roll over and avoids any tax liability? Any other thoughts would be appreciated.

Re: Qualified Plans by nqdccalnqdccal, 11 Jan 2008 18:47

Standard & Poor's (S&P) projects life insurance sales to grow 2 percent per year through 2008, down from 7 percent in 2006. This projected drop can be attributed to once strong sales of investor-owned life insurance (IOLI) and stranger-originated life insurance (STOLI) that could hamper future profits of the life insurance industry. When life insurance policies are underwritten, carriers often assume a certain percentage will lapse without payment, but with IOLI and STOLI, policies are more likely to be cashed in because they are used as investments. S&P analysts also note life insurers will come under increasing profit pressure from lower interest rates, tighter credit spreads, and lower private-equity investment payouts. The firm recommends life insurers bolster their growth through the sale of universal life insurance with secondary guarantees and other risky products with higher lapse rates.

The life insurance industry will keep a close eye on federal legislation this year, particularly with regard to PAYGO. Nonqualified deferred compensation and the inside buildup of life insurance will be among the many topics discussed in 2008, but Association for Advanced Life Underwriting (AALU) CEO David Stertzer insists that any bill up for consideration "will be viewed through the prism of how it will affect both parties' chances to win the White House in November." Stertzer says the Education Bill delayed by the U.S. Senate Finance Committee could include a provision involving nonqualified deferred compensation as a means of generating revenue. When a revised provision does emerge, it is believed that a $1 million cap will be imposed on deferred compensation plans, with earnings excluded from the cap. Meanwhile, AALU President Larry Raymond expresses concern about exempting only "mirror" non-elective pension plans- which offer the same contribution percentages as qualified retirement plans but for higher levels of compensation -and notes his organization will continue to press for "a full exemption for true non-elective arrangements." With regard to the federal estate tax, Stertzer is certain a vote will occur in 2008, and Raymond underscores the importance of long-term certainty for AALU members' clients. According to Raymond, "We need the right compromise enacted before we reach 2010—and that compromise absolutely needs to include the reunification of the lifetime gift and estate tax credits."

In Ohio, state Rep. Jay Hottinger (R-Newark) introduced legislation to alter the way stranger-originated life insurance (STOLI) is regulated. The bill went before the state House's subcommittee on Stranger Originated Life Insurance Reform on Dec. 18, where representatives from the life settlement industry testified. Another hearing was scheduled for Jan. 9, at which time lawmakers will look at amendments to the legislation. Ohio Department of Insurance director Mary Jo Hudson says STOLI targets the 65 to 85 age segment, and fraud could become a problem because these individuals typically do not understand policy terms.

Please add comments and concerns below.

Best Practices by aalu webmasteraalu webmaster, 03 Jan 2008 16:44

Please add comments and concerns below.

Qualified Plans by aalu webmasteraalu webmaster, 03 Jan 2008 16:42

Please add comments and concerns below.

Nonqualified Plans by aalu webmasteraalu webmaster, 03 Jan 2008 16:41

Please add comments and concerns below.

Membership by aalu webmasteraalu webmaster, 03 Jan 2008 16:39

Those are some great suggestions.

Re: Communications by aalu webmasteraalu webmaster, 03 Jan 2008 15:47

Ohio state legislators proposed a stranger-originated life insurance (STOLI) bill, and officials in New York appear to be composing STOLI legislation of their own. In 2007, the National Association of Insurance Commissioners and the National Conference of Insurance Legislators labored on STOLI provisions and other alterations for model laws connected to the life settlement and life insurance premium finance markets. States are launching their own initiatives to deal with concerns about STOLI arrangements. STOLI arrangement organizers locate investors who aid unrelated consumers in purchasing life insurance, primarily to generate policies for sale in the life settlement market. STOLI arrangement critics contend the arrangements breach state insurable interest laws and could endanger the laws that currently enable life insurance death benefits payments to be exempt from federal income taxes. Some say STOLI organizers circumvent efforts to deter STOLI arrangements by purchasing life insurance through trusts. The Ohio STOLI legislation would limit an insured's power to sell a policy for five years if certain conditions exist—if the pact to sell the policy was agreed upon before a consumer presented an application or if the deal was made before the insurer issued the policy. The Ohio bill would include exceptions for insureds who go through divorce or other life-changing events. In New York, the proposal may include a two-year limit on life policy sales, in addition to further regulation on the role of trusts in STOLI arrangements

Guidelines should be drawn up by the U.S. Treasury Department to make the elderly aware of the possible tax consequences of stranger-originated life insurance (STOLI) arrangements, U.S. House Select Revenue Measures Subcommittee Chairman Richard Neal (D-MA) and Rep. Phil English (R-PA), ranking minority member, wrote in a recent letter to U.S. Treasury Secretary Henry Paulson. The lawmakers believe the Treasury should take action with regard to STOLI's tax liabilities, even though state laws governing these arrangements are outside the federal government's jurisdiction. STOLI transactions might involve split-dollar arrangements or come under cancellation of indebtedness rules, and there also are concerns about aggressive marketing tactics. The letter states, "In certain cases, the terms for the initial arrangement may not qualify as true indebtedness, thus exposing the insured to income inclusion. Also, depending on the value of the promotional incentive or cash payment, the insured could be taxed on the value of the promotion received. Depending upon the structure of the product, promoters may also be liable for information reporting." However, Reps. Neal and English do not want to put a damper on the secondary market for life insurance products.

IMPACT is held three time a year. We hold two 2-day IMPACTS, one in the fall in Washington, DC, and the second one is held early spring in a city other then DC (New Orleans for 2008). The third IMPACT, is a mini-IMPACT session held Sunday morning before the Annual meeting.

How often do you hold these seminars?

Re: Political Involvement by Chris QuinnChris Quinn, 05 Dec 2007 18:47
page 1 of 212next »
Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License