The Rate Lock Date Definitions bulletin explains how the industry has standardized Initial Submit Date and Final Submit Date to bring clarity and consistency to rate lock practices, reducing confusion and ensuring clients receive the rate they were promised.

IRI Digital First for Annuities (DFA) Bulletins are designed to provide updates on the more technical aspects of DFA—our “under the hood” work that helps carriers, distributors, and solution providers align on standards and best practices. The bulletins will deliver concise explanations of new capabilities, why they matter, and how they advance the industry.

 

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