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.

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.

Learn how the IRS five-year rule affects inherited annuities, its tax implications, and strategies for beneficiaries and owners to optimize estate plans and minimize tax liabilities.