Can you hold life insurance in a 401k?

Can you hold life insurance in a 401k?

You are allowed to buy life insurance inside your employer retirement plan, such as a 401(k) or profit sharing plan. While many plans don’t offer life insurance as an investment, some in fact do. There are limits on how much you can buy based on the amount of contributions made to your plan on your behalf. Oct 29, 2013

See also  What is a LERP finance?