Be Careful of Abusive 419(e) Welfare Benefit Plans

Be Careful of Abusive 419(e) Welfare Benefit Plans: And what happened to the providers that were peddling Sections 419A(f)(5) and (6) life insurance plans a few years ago? We recently found the answer: Most of them found a new life as promoters of so-called "419(e)" welfare benefit plans. IRC Section 419(e) provides a definition of the term "welfare benefit fund" and provides that it includes a...