Question
Non-qualified deferred compensation plans often use life insurance for funding within the plan. Why is this? a. Life insurance investment products typically have higher returns.
Non-qualified deferred compensation plans often use life insurance for funding within the plan. Why is this? a. Life insurance investment products typically have higher returns. b. Life insurance products have tax advantages. c. Life insurance is provides an additional layer of avoidance for constructive receipt. d. Life insurance limits the liability of the company sponsor for the NQDC plan.
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
7th Edition
978-0470477151, 978-0-470-5562, 470556242, 0-470-55624-2, 9780470556245, 978-0470507018
