SECTION 6. DRAFTING
Internal Revenue Bulletin 2018-11 · 2026-10-03 edition · updated 2026-10-04 · United States
INFORMATION
The principal author of this revenue procedure is Kathryn M. Sneade of the Office of Associate Chief Counsel (Financial Institutions & Products). For further information regarding this revenue procedure, contact Kathryn M. Sneade at (202) 317-6995 (not a toll-free number).
Section 7702.—Life insurance contract defined.
Safe harbor for purposes of applying computational rules of § 7702(e) for life insurance contracts that (1) have mortality guarantees based upon prevailing commissioners’ standard tables that extend beyond age 100 and (2) may continue in force after the day on which the insured individual attains age 100. See Rev. Proc. 2018–20, page 427.
Section 7702A.—Modified endowment contract defined.
Safe harbor for purposes of applying computational rules of § 7702A(c)(1)(B) for life insurance contracts that (1) have mortality guarantees based upon prevailing commissioners’ standard tables that extend beyond age 100 and (2) may continue in force after the day on which the insured individual attains age 100. See Rev. Proc. 2018–20, page 427.
Bulletin No. 2018–11 429 March 12, 2018
Get a plain-English answer with a citation back to this text.
Ask AI about this code