Amodified endowment contract loses many life insurance tax advantages.
which of the following...
Social Studies, 14.01.2020 18:31 sofyan00404
Amodified endowment contract loses many life insurance tax advantages.
which of the following is not a taxable event of a modified endowment contract (mec)?
a. all are non-taxable events.
b. withdrawal of any cash value to pay for daughter's wedding.
c. cash surrender of policy.
d. lump-sum death benefit paid to the beneficiary.
Answers: 2
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