article_search

Search Articles:

Product Finder

Search for products that match of these criteria:

 + Add row
Price:

When is employer-provided life insurance taxable?

$225.00

SKU: TBA08221. Category: .

Description

Abstract: Employer-provided life insurance can be a great benefit, with the cost of part of it excluded from an employee’s taxable income. Participating employees need to be aware that this exclusion only applies to the first $50,000 in coverage, and the employer-paid cost of the excess will be reported on the employee’s Form W-2. This is true even if the life insurance is never received. A sidebar reveals how the value of that taxable income is determined.

Additional information

Year

Niche

Newsletter

Issue

Word Count