Tag: Regulators
Posted in Ethics & Compliance
Iowa Code Regulating Insurance Companies
Iowa Code 508(A) published in it’s entirety below, clearly defines the “rules” the insurance company must follow to sell Group Annuities as found in 401k Plans, to the public: 508A.1 BASIC REQUIREMENTS. A domestic life insurance company organized under chapter 508 may establish one or more separate accounts, and may…