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 ...

Estate tax law is a complicated field, so it’s understandable if you’re confused about whether — or under what circumstances — you might have to pay taxes on a life insurance payout. In nearly all ...

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HUNTSVILLE, Ala. (WAFF) - Most people understand the value of life insurance in a financial plan. What is less understood are the types of policies and the protection they provide. Life insurance is ...

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 ...

Group life insurance covers a number of people under a single policy. It's usually offered through a job, union or other professional association and provides much less coverage than a policy you'd ...