| Description |
| RMD Tax Rule |
| Type : OLI_LU_TAXRULE | ||||||||||||||||||||||||
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| Definition |
| The required minimum distribution tax rule. For example, in 2001 there were significant changes made to tax laws affecting annuity payouts. As a result, there is the need to know which rule is in effect for the policy. It is not as simple as looking at the policy issue date, since there may be rules based on a variety of factors such as source of funds, etc. |
| Parents |
| Arrangement Payout |