Charitable Split-Dollar Insurance Plan

Dictionary Says

Definition of 'Charitable Split-Dollar Insurance Plan'

Identical to a standard split-dollar insurance plan, except that a charity, instead of an employer, owns the life insurance policy. Charitable split-dollar insurance plans pay death benefit proceeds to the beneficiaries of the donor, just as standard plans pay proceeds to the beneficiaries of the employee.
Investopedia Says

Investopedia explains 'Charitable Split-Dollar Insurance Plan'

Taxpayers cannot deduct the contributions they make to a charity that are earmarked as premium payments anymore. This loophole was closed when the laws for standard plans were updated in 2003.
Search results for

'Charitable Split-Dollar Insurance Plan'

  • CFP Study Guide - Principles of Risk and Insurance - The Risk ...

    http://www.investopedia.com/exam-guide/cfp/principles-of-risk-and-insurance/cfp2.asp
    ... 15.9 Structure and Taxation of Split-Dollar Coverage; ... Group Medical Insurance: 20.1
    Introduction; 20.2 ... Charitable Contributions And Deductions: 43.1 Introduction; ...
  • CFP Study Guide - Property, Casualty and Liability Insurance ...

    http://www.investopedia.com/exam-guide/cfp/property-casualty-liability-insurance/default.asp
    ... 15.9 Structure and Taxation of Split-Dollar Coverage; ... Group Medical Insurance: 20.1
    Introduction; 20.2 ... Charitable Contributions And Deductions: 43.1 Introduction; ...
  • CFP Study Guide - Property, Casualty and Liability Insurance ...

    http://www.investopedia.com/exam-guide/cfp/property-casualty-liability-insurance/cfp4.asp
    ... 15.9 Structure and Taxation of Split-Dollar Coverage; ... Group Medical Insurance: 20.1
    Introduction; 20.2 ... Charitable Contributions And Deductions: 43.1 Introduction; ...
  • CFP Study Guide - Principles of Risk and Insurance - Introduction ...

    http://www.investopedia.com/exam-guide/cfp/principles-of-risk-and-insurance/default.asp
    ... 15.9 Structure and Taxation of Split-Dollar Coverage; ... Group Medical Insurance: 20.1
    Introduction; 20.2 ... Charitable Contributions And Deductions: 43.1 Introduction; ...
  • CFP Study Guide - Financial Planning: Process and Rules ...

    http://www.investopedia.com/exam-guide/cfp/financial-planning-process-rules/default.asp
    ... 15.9 Structure and Taxation of Split-Dollar Coverage; ... Group Medical Insurance: 20.1
    Introduction; 20.2 ... Charitable Contributions And Deductions: 43.1 Introduction; ...

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