One of the most valuable features of life insurance is that the beneficiary receives the death benefit income-tax free.
One of the benefits your employer may offer is the chance to enroll in group term life insurance. This is a program employees can sign up for after meeting certain criteria such as working for the ...
Employer-sponsored life insurance over $50K is taxed. The IRS considers excess coverage as imputed income. Imputed income appears on your W-2. The taxable portion of employer-provided life insurance ...