A collection of information concerning finance, that includes articles on 419 plans, 412i plans, captive insurance, IRS audits, and much more.
Showing posts with label 412(i) Plans. Show all posts
Showing posts with label 412(i) Plans. Show all posts
Doctors and Captive Insurance
Doctors were an easy target. Why was this? What is the
difference between God and a Doctor? God does not think that he is a Doctor. I
hope that did not offend anyone, but it is a good reason why Doctors are an
easy target for life insurance agents.
Many of these deals are tax shelters. Doctors are drawn to
tax shelters like ants to a picnic, and there is no shortage of tax shelter
promoters who love selling to physicians.
Every year, October announces the start of tax shelter
season. Every year there is a hot tax shelter that it seems everyone is selling
to doctors.
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