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Author Question: Supplemental Incentive Plan (SIP) (a) Can provide employees with up to 50,000 of tax-free group ... (Read 122 times)

kwoodring

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Supplemental Incentive Plan (SIP)
 
  (a) Can provide employees with up to 50,000 of tax-free group life insurance
  (b) Combines low-cost term insurance with tax-sheltered investment opportunities
  (c) Resulting cash value of plan can fund a deferred compensation agreement
  (d) A future income contract between employer and employee that provides supplemental income payments for a specified period of time or until death

Question 2

Split Dollar
 
  (a) Can provide employees with up to 50,000 of tax-free group life insurance
  (b) Combines low-cost term insurance with tax-sheltered investment opportunities
  (c) Resulting cash value of plan can fund a deferred compensation agreement
  (d) A future income contract between employer and employee that provides supplemental income payments for a specified period of time or until death



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krakiolit

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Answer to Question 1

d

Answer to Question 2

c





 

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