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CAPITAL ACCUMULATION PLAN (CAP) RETIREMENT SYSTEM
CAPITAL ACCUMULATION PLAN (CAP) RETIREMENT SYSTEM
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机译:资本积累计划(CAP)退休制度
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摘要
Approaches presented herein providing a capital accumulation plan (CAP) retirement plan implemented in a non-profit institution (e.g., a non-profit hospital). One approach includes identifying a set of members of the non-profit institution, extracting a deferred compensation amount intended for each of the set of members, using a first portion of the deferred compensation amount intended for each of the set of members to purchase a term life universal life insurance policy for each of the set of members, routing a second portion of the deferred compensation amount intended for each of the set of executives members to one or more interest bearing investment vehicles, and disbursing future benefits to the set of members, the disbursement taken from the second portion of the deferred compensation invested into the one or more interest bearing investment vehicles.
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