Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Life Health > Life Insurance

Travelers Offers Split-Dollar Training For Its Advisors

By Staff Writer

X
Your article was successfully shared with the contacts you provided.

NU Online News Service, Oct. 16, 2003, 10:20 a.m. EDT — Travelers Life & Annuity, a unit of Citigroup Inc., New York, says it has established a Web site for its authorized financial advisors to help them understand new IRS rules for equity split-dollar arrangements.

The site offers a collection of training and marketing material to help its life producers and other authorized advisors to understand recent changes and present the available choices to their clients.Travelers says its educational tools are aimed at helping financial advisors who expect to meet with clients before the end of the year to review their options for handling existing split-dollar arrangements in light of the new regulations.

The Treasury Department in September issued final rules on split-dollar life insurance arrangements. Many employers have been using the arrangements to provide tax-free compensation for their executives.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.