Alwan, Hadi H.
M.S. (Master of Science)
Department of Finance
Self-insurance||Small business--Finance||Trusts and trustees
The 501(C)(9) Trust is currently used by some large corporations to provide an orderly, efficient vehicle for funding self-insurance benefits. The object of this study was to .determine if a smaller company should also use trust funding for such benefits and to identify practical approaches to planning and accounting for same. Personal interviews with large corporations who are using trust funding, review of related literature plus discussions with lawyers, accountants, and insurance people were part of the study. Conclusions of the study are based on the above plus models constructed to aid the analysis of financial aspects. The primary conclusions are: (1) that a smaller company can benefit by trust funding self-insurance benefits, and (2) that planning and accounting for such funding does not present any problems of extreme difficulty. A secondary conclusion is that legislation will have an important bearing on the desirability of as well as the option for using #501(C)(9) Trusts in the future.
Grace, John E., "A study of the desirability of #501(C)(9) trust funding of self-insured employee benefits for the smaller company" (1976). Graduate Research Theses & Dissertations. 711.
Northern Illinois University
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