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What is cash accumulation value?
It is the value or total of cash accumulating in the cash value account
What type of insurance policies would perform the function of cash accumulation?
Whole life
What are the benefits of a Cash balance plan?
Cash balance plan allows you to have cash available to you in case you need it. This is offer through employers.
How can I cash in my 401K plan?
You can cash in your 401K plan upon retirement or after a penalty before your retirement age.
The primary purpose of a cash budget is to?
a detailed plan of future cash flows
What is cash budgut?
Cash budget determines how much cash is needed at what stage and plan the availability of cash in case of shortage and investment in case of excess cash.
Why is a cash budget so vital to a company?
Cash budgets are very important to a company and that is because CASH is so vital to a company, it is the lifeblood of the business. Cash Budgets help management plan ahead to cover possible shortfalls in cash and to plan out investment activities if it appears that there will be a substantial excess of cash.
How do cash balance plans differ from a 401k plan?
A 401k plan invest your money for you. A cash balance may earn a small amount of interest but has no risk.
What booth plan exchange Lincoln for?
cash money
When the cash value accumulation of the life insurance policy equals the face amount what would you say the policy is?
Matured. That and a good plan. You can stop paying now. Take the proceeds in cash and buy a Single Premium Whole Life (if you are insurable. What does that do for you??? Say you have a $10,000 whole life plan worth $10,000. You take that and dump it all into a SPWL which is now worth maybe $15,000 or $20,000 death benefit depending on your age. Also, you owe nothing more in premiums and you can get at the cash value if you need to! The death benefit will continue to increase as will the cash value over time. It's a no-brainer if done properly. 4lifeguild.com
A cash management tool used to plan the timing and amount of cash disbursements?
Accounts Payable Report
A cash management tool used to plan the timing and amount of cash disbursements is referred to as to as which of the following?
annuitization
