12 Life and Annuity Changes in $1.7T Spending Bill
December 27, 2022 by Allison Bell
Life insurance and annuity provisions in the Consolidated Appropriations Act, 2023 — the 4,155-page, $1.7 trillion spending bill now flying through Congress — could shape clients’ saving and investment decisions for decades to come.
Groups like the American Council of Life Insurers, the National Association of Insurance and Financial Advisors and Finseca are going through the text carefully to see exactly what’s in there, how the current version of the language compares with earlier drafts, and which bits are the result of their work.
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