Hmmm..... what sounds wrong with this scenario? employee contributes to a reimbursement acount, given a loan, secured with credit life insurance, employees bring home more money, employers save a bundle on FICA taxes... Could that Total Financial Group be the same one referenced in the article at Insurance News - Church caught up in nightmare after life insurance scheme sours [Indianapolis Business Journal (IN)] Lindberg Road Church of Christ in Anderson didn't have many financing options when its leaders decided in 2005 that it was time to expand a successful child care center. The church could use $700,000 in pledges from its members to obtain a construction loan and work in phases. Or it could take out life insurance on some of its elderly members and use their death benefits to back a $2.5 million line of credit, which would pay for the child care center plus other upgrades at the affiliated Anderson Christian School. Lindberg Road opted for the latter and in late 2006 bought $4.35 million in life insurance on 11 of its members. Now, the church is trying to avoid foreclosure by Fort Wayne-based Star Financial Bank, which promoted the insurance scheme along with Total Financial Group of Carmel. --------------------------- Dude, you just knifed Leevena, who is one of the most knowledgeable agents on this board.