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Silver Linings Exist in COVID-19 Market: Funding a Non-Qualified Deferred Compensation Plan
OneDigital Health and Benefits Link to more items from this source
Apr. 14, 2020

"By liquidating the mutual fund plan assets, a capital loss is preserved, assuming there are losses in the mutual funds. If those plan assets are then used to purchase the same or similar mutual funds 'wrapped' with COLI contracts, all the gains achieved during the economic recovery could grow on a non-taxable basis. This strategy allows you to get a tax credit and eliminate future taxation on the asset."

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