money sectionmoney sectionThe Social Security Administration offers benefits for some who need to take care of their children based on their spouse's tax payment history. The main two programs that pay these benefits are the Social Security Disability program and the Survivor Benefits program. Spouses are also eligible to receive these benefits for themselves after they reach retirement age.
A split-dollar agreement is used in life insurance when two or more people split the costs and benefits of a policy. Employers mainly use it as a fringe benefit for employees.
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