Supplemental Incentive Plan (SIP)
(a) Can provide employees with up to $50,000 of tax-free group life insurance
(b) Combines low-cost term insurance with tax-sheltered investment opportunities
(c) Resulting cash value of plan can fund a deferred compensation agreement
(d) A future income contract between employer and employee that provides supplemental income payments for a specified period of time or until death
d
Business
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