A parent or grandparent makes payments to the plan. The tax on the earnings is deferred until distributed to the child at the child's own tax rate. A small business can hire an insurance professional, at no cost to the company, to design low-cost group policies affording excellent coverage. The company's employees then receive material indicating the availability of the benefit. Coverage and costs are described, and employees are invite to call the insurance salesperson for the details.
Employees can pay for the insurance through payroll deductions.
Some of the insurance may be paid for on a pre-tax basis. This page is designed for any resolution, but looks best in 800x600 or greater. This page is designed and maintained by Ronald J. Cappuccio .