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Bill targets tax breaks for wealthy private placement life insurance holders
By
Allison Bell
News April 17, 2026 at 08:54 AM
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What You Need To Know
- Sen. Ron Wyden has been looking at private placement products for years.
- The bill would provide a 180-day transition period.
- The bill could affect U.S. citizens who live abroad and want to buy variable products in the places where they reside.