On July 1, 2024, the Securities and Exchange Commission adopted a new registration framework for registered index-linked annuity (RILA) contracts. RILA contracts allow investors to allocate purchase payments to one or more “index-linked” investment options whose performance is based in part on the return of an index or other benchmark over a crediting period, subject to limits on gains and losses in that benchmark.
Please see full publication below for more information.
