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Old 07-31-2008, 02:48 PM
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Join Date: Jul 2008
Location: thousand oaks, ca
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Officer Life Insurance Premiums
Once an officer of a corporation retires from the company can the corporation continue to keep a life insurance policy on that individual?

I don't believe there is a business purpose for this but the corporation things they will get some tax-free benefits.

Sounds fishy to me.

J


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