he tax treatment of split-dollar insurance plans continues to evolve. Previously, companies used split-dollar life insurance to help employees defer taxation on the yearly accumulation of the policy’s ...
A life insurance policy may be used as collateral to secure a loan. If you die before the loan is repaid, the lender will be repaid from the policy’s death benefit proceeds before beneficiaries can ...
In August 2016, the University of Michigan began a trend when it offered a split-dollar life insurance arrangement to head football coach Jim Harbaugh as an alternative to deferred compensation. Other ...