Learn about the IRS five-year rule for inherited nonqualified annuities, beneficiary options, tax implications, and compliance strategies for U.S. insurance professionals and financial advisors.

Explore how annuity payments impact Social Security benefits and retirement taxes. Learn tax implications, IRS provisional income rules, and strategic withdrawal tips to optimize retirement income.

Recent IRS regulations on 831(b) micro-captive insurance companies have raised compliance and enforcement concerns, prompting calls for regulatory reform to better align IRS actions with congressional intent and protect small businesses.