Charitable Split-Dollar Insurance Plan
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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.
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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.
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Search results for 'Charitable Split-Dollar Insurance Plan'
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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; ...
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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; ...
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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; ...
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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; ...
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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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