Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is BOLI an Employee Benefit Plan?

benefit boli employee Plan
0
Posted

Is BOLI an Employee Benefit Plan?

0

No. It is a tax-advantaged cost recovery vehicle designed to recover some of the present and future costs of doing business. It is a proactive strategy rather than a reactive strategy.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123