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The Association for Cooperative Operations Research and Development (ACORD) is a non-profit organization in the insurance industry. [1] ACORD publishes and maintains an archive of standardized forms. ACORD has also developed a comprehensive library of electronic data standards with more than 1200 standardized transaction types to support ...
Following World War II, New York Life further diversified; it invested in real estate development in the late 1940s and launched a mortgage-loan program for veterans in 1946. [15] In 1957, New York Life hired one of the industry's first black agents, Cirilo McSween. [8] [18] In the 1970s, New York Life began selling annuities and mutual funds. [15]
AARP Services, Inc., a for-profit corporation that provides quality control and research on new AARP products. Legal Counsel for the Elderly, a 501(c)(3) charity that provides legal aid to seniors in the Washington, D.C. [195] [196] AARP Financial Services Corporation, a for-profit corporation that holds AARP's real estate.
Each annuity is a contract between you and an insurance company: You provide the company money now, and they promise to pay you a steady income later, potentially for the rest of your life.
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A series LLC is a special form of a limited liability company that allows a single LLC to segregate its assets into separate series. For example, a series LLC that purchases separate pieces of real estate may put each in a separate series so if the lender forecloses on one piece of property, the others are not affected.
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