The document discusses the use of Private Placement Variable Annuities (PPVAs) as a tool for income tax planning for high-net-worth individuals. It highlights the increasing tax burdens on the wealthy and the potential benefits of PPVAs in deferring taxes on investment gains. The document also clarifies what PPVAs are and are not, emphasizing their differences from traditional retail annuities and their authorization under the Internal Revenue Code.
doj/DataSet10/EFTA01454208.pdf
{"title":"Private Placement Variable Annuities","key_people":["Edward J. Finley II","Michael Liebeskinci"],"document_date":"December 2012","document_type":"media","key_locations":["New York"],"key_organizations":["Deutsche Bank Private Wealth Management","SALI Fund Services"]}