Hersch: Returning to the DOL proposal, will you be eliciting support from sister organizations like the AALU
for NAIFA's position?
Morton: There was a concurrent trade-off: The committee said, "We protected inside build-up -- what the AALU
wanted -- but then other tax increases affecting the industry came into play.
Members of AALU
, Reston, Va., are preparing to meet with their congressional representatives Tuesday afternoon, during House and Senate town hall meetings.
Corry: I would advise him or her to study advanced materials, read business journals, obtain both the Chartered Life Underwriter (CLU) and Chartered Financial Consultant (ChFC) designations, if qualified join the AALU
, find a mentor, and find a way to develop relationships in which he or she can jointly work cases.
* Women and minorities, who now comprise 5 percent of AALU
's membership, will increase to 30 percent.
Nat Perlmutter, AALU
president, noted that the estate tax component of the agreement "has considerable momentum, but must still be evaluated and approved by congressional Democrats and likely will need a 60 vote supermajority in the Senate,"
Hersch: Is there a nexus between the innovation theme and AALU
's public policy objectives?
"We also believe the tax will not be retroactive, but taxpayers could be provided with the option to elect, for 2010, to pay their estate taxes under 2009 law with a stepped-up basis, or under 2010 law, with no estate tax liability, but a carryover in basis," AALU
"If we can persuasively argue, as I believe we can, that the inside build-up of life insurance is not a tax expenditure, then we set ourselves apart from other exposed industries," said Kenneth Kies, managing director of the Federal Policy Group LLC and an outside counsel to the AALU
. "Because present law relating to the tax treatment of insurance policies' inside build-up is consistent with generally applicable tax law, it's not a tax expenditure."
2 August 2019 - Washington, DC, US-based Association for Advanced Life Underwriting (AALU
) has combined with Virginia, US-based professional development nonprofit GAMA International to form a new organisation representing the financial security profession, the company said.
He said strong historic relations exist between both countries and Pulao, Kofta, korma, Aalu
Ghosht, broken rice and shashlik are favourite diets of the people of Kyrgyzstan and Trout fish is also available abundantly there.
The Rangers official also played a recorded Whatsapp call in which the suspects purportedly discussed the crimes including terrorist activities involving code words like 'boxes' for improvised explosive devices (IEDs), 'aalu
' for hand grenade and 'cassette' for pistol.