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The value of group-term life insurance

Don’t forget about your fringe benefits at year-end. For example, the value of group-term life insurance provided by an employer or purchased through an employer in excess of $50,000 is included in an employee’s income for all federal taxes. Please refer to the IRS Publication 15-B for taxable rates for group term life.

For important year-end reminders and new updates for the coming year, register for HKP’s 2018 Year-End Update webinar by following the link below.

HKP’s 2018 Year-End Update
Thursday, Dec. 6, 11 a.m.–noon CST
Register here



This post first appeared on Industry Articles By HK Payroll Services, please read the originial post: here

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The value of group-term life insurance

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