Company & Specialty Insurance Forum
Share your experience or views about different policies of insurance companies, good and bad both and also participate in the specialty discussions.
Sea Nine Veba
Creative Services Group
Sterling Benefit Plan
American Benefits Trust
National Benefit Plan and
Professional Benefits Trust
American Heritage Life
Commercial Union Life
National Life of Vermont
Old Line Life
Security Mutual Life
West Coast Life
ECI Pension Services
Pension Professionals of
IRS Auditing 412(i) Plans
recently been auditing 412(i)
defined-benefit pension plans.
They are seeking substantial taxes and
penalties from what they characterize as
â€œabusive plans,â€ but they do not regard all 412
(i) plans as necessarily abusive. A properly
structured and administered 412(i) plan can
be an invaluable tax reduction tool for a
business, but care must be taken.
In addition, the IRS is stepping up its
examinations of companiesâ€™ retirement plans
Topic: Concept of Risk
Question: "Risk exists outside the individual". Discuss.