Voluntary group life insurance plans, or those that are elected by and paid for by an employee, may be included in a cafeteria plan under IRS __________ of the tax code.
A) Section 1035
B) Section 1031
C) Section 401k
D) Section 125
Correct Answer:
Verified
Q46: The group term life insurance premiums paid
Q47: The premiums that an insured chooses to
Q48: The proceeds from a group life insurance
Q49: If a life insurance policy violates the
Q50: Life insurance policy dividends may be used
Q51: Life insurance policy withdrawals and loans are
Q52: The interest that is repaid by a
Q53: The inside build-up of cash value in
Q54: Under IRS Section 1035 rules, a life
Q55: Corporate owned life insurance, or COLI, is
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