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Old 05-03-2018, 04:22 PM
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Default Tax Reserves on Life Insurance - 2018

Has the calculation of Tax reserves been greatly simplified now?

https://taxnews.ey.com/news/2018-002...rance-industry

Tax Reserve = max(CSV, .9281*Stat Reserve CRVM)

...and this includes even previous issues?
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Old 05-03-2018, 07:32 PM
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Carol Marler
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Yes. There was a thread on this elsewhere on the AO. Maybe somebody can provide a link??
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Old 05-03-2018, 11:03 PM
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looks like this is it: http://www.actuarialoutpost.com/actu...d.php?t=327984

Thanks, Carol.

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Old 05-04-2018, 08:53 AM
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Carol Marler
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yw
__________________
Carol Marler, "Just My Opinion"

Pluto is no longer a planet and I am no longer an actuary. Please take my opinions as non-actuarial.


My latest favorite quotes, updated Apr 5, 2018.

Spoiler:
I should keep these four permanently.
Quote:
Originally Posted by rekrap View Post
JMO is right
Quote:
Originally Posted by campbell View Post
I agree with JMO.
Quote:
Originally Posted by Westley View Post
And def agree w/ JMO.
Quote:
Originally Posted by MG View Post
This. And everything else JMO wrote.
And this all purpose permanent quote:
Quote:
Originally Posted by Dr T Non-Fan View Post
Yup, it is always someone else's fault.
MORE:
All purpose response for careers forum:
Quote:
Originally Posted by DoctorNo View Post
Depends upon the employer and the situation.
Quote:
Originally Posted by Sredni Vashtar View Post
I feel like ERM is 90% buzzwords, and that the underlying agenda is to make sure at least one of your Corporate Officers is not dumb.
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