The Department of the Treasury and the Internal Revenue Service released new guidance that is “designed to expand the use of income annuities in 401(k) plans.”
NORTHUMBERLAND, PA - June 4, 2012 – Keystone Advantage Ltd. Vice President Joseph Joyce will be a featured speaker at the 2012 Bermuda Captive Conference taking place at The Fairmont Southampton, June 3 through June 6, in Bermuda. Keystone Advantage is a wholly owned subsidiary of Keystone Insurers Group, headquartered in Pennsylvania.
“We created Keystone Advantage to help our partner agents deliver sophisticated, alternative risk financing options to their insurance clients,” noted Joyce.
Bermuda is the world’s leading captive insurance domicile. The conference provides captive owners and managers the opportunity to discuss the state of the industry and how mutually beneficial results can be attained.
“Keystone Advantage was invited to participate in a panel discussion as a captive owner,” said Joyce. “I will address effective uses of segregated account (SAC) companies, describe why we registered as a SAC and provide practical examples of how we are using the facility.”
About Keystone Insurers Group (KIG) – Founded in 1983 and headquartered in Northumberland, Pa., KIG is owned by its franchise partners and employees in Pennsylvania, North Carolina, Virginia, Indiana and Ohio. In addition, KIG conducts business in Kentucky, Tennessee and Georgia. Each partner is an independent agency. With property/casualty premiums exceeding $1.7 billion, KIG is ranked fifth on Insurance Journal's 2011 list of Top 100 Privately-Held Property/Casualty Agencies. For more information, go to www.keystoneinsgrp.com.
Lea Ann Hawk