Legal document that was named by an Internal Revenue Service ruling that involved a trust created by a Jewish congregation on behalf of its rabbi. Such trusts require the employer to make contributions to the trust that are irrevocable. The trust is managed by an independent trustee who pays benefits in the event of death, disability, or retirement of the employee. The employer is not allowed to take tax deductions for its contributions to the trust until funds are actually distributed to the employee.
Insurance Encyclopedia
Rabbi trust (Pensions)
A trust wherein the employee is not taxed because the plan’s assets can be claimed by creditors. This name is used because the first of these type of trusts was set up for a rabbi.
Rabbit Insurance
Policy shall cover all breeds of Rabbits in the age group of 3 months to 3 years against death of rabbits due etc accident and/or diseases contracted during the period of insurance. Exclusions as per Cattle Insurance.