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At Last — A Permanent MEC Correction Procedure
Y 2 0 0 2 6 Introduction O n August 6, 2001, the InternalRevenue Service issuedRevenue Procedure 2001-42 ... inadvertent modified endowment contracts, or MECs. The insurance indus- try had been without an MEC correction ...- Authors: David Miller, Brian King
- Date: Jan 2002
- Competency: External Forces & Industry Knowledge>External forces and business performance
- Publication Name: Product Matters!
- Topics: Life Insurance>Non-forfeiture benefits