In a Split Dollar Plan a Key Issue Relates to the Actual

question 5

Multiple Choice

In a split dollar plan a key issue relates to the actual ownership of the policy. What are the two common methods of implementing a split dollar plan?

• A) The employer/employee split ownership method
• B) The endorsement method and the collateral assignment method
• C) Third party ownership and employee trust plan
• D) IRS Code 503 plan and employee trust plan
• E) Split Term Life Method

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