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RICK DEINES Marshalltown, Iowa SIR: A great many recent purchases of variable contracts are from tax-free exchanges of money trapped in old fixed-interest contracts.
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(People who already own annuities will have a one-time opportunity to switch from one variable contract to another, tax free).
Table 8 Sensitivity analysis for robustness of the CIA Model type I Treatment effect Outcome effect a Selection Effect b Baseline 0.28 Neutral confounder 0.28 1.02 1.06 Calibrated confounder to mimic illiterate 0.26 0.94 0.59 a the effect of the calibrated confounder on the outcome variable (Income) b the effect of the calibrated confounder on the selection variable (contract).
They are fighting for new working time regulations and new variable contract-based tariff and remuneration systems.
The main results regarding the effect of the two treatment variables (contracts and cooperatives) on five performance indicators (hive productivity, honey production, honey income, household income, per capita income) from four alternative estimation techniques (regression on covariates, regression on propensity score, kernel matching and nearest neighbor matching) are given in Tables 4 and 5.
We discuss two specific applications: variable annuity contracts and guaranteed annuity options.
The officials said that they were investigating whether insurance companies and brokerage firms violated variable annuity contracts and fiduciary responsibilities to small investors by allowing market-timed trading similar to that found in the mutual fund industry.
The groom, 28, is an actuary involved in hedging the variable annuity contracts sold at John Hancock, the insurance company in Boston.
For a number of years, MetLife has been using a Bermuda subsidiary, Exeter Reassurance, to reinsure several billion dollars' worth of variable annuity contracts, in which customers pay in advance to receive guaranteed payments in retirement.
It will need to shore up its reserves for variable annuity contracts outstanding.
If passed in its current form, it would have a devastating impact because the excludable dividend tax benefits will not be passed onto variable annuities contracts upon distribution.
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