Group term life insurance is a valuable employee benefit, but employers need to be aware of tax consequences of providing that benefit, even when coverage is provided on a “voluntary” basis. This Q&A provides an overview of the tax rules surrounding group term life insurance coverage to help employers make informed decisions about how much coverage to offer, who should pay for that coverage and whether income needs to be imputed to employees.
[{"searchLabel": "Featured topics","maxItems": "4"}]
What can we help you with?
No results found
Explore featured topics below
-
Careers