VIDEO: Question Nr#20: I am getting taxed on a group term life insurance that was automatic

Employer Sponsored Life Insurance is a profit that most firms supply to their staff as a result of it's a partnership of mutualism between them and the Life Insurance supplier. Life insurance firms supply employers a discounted rated based mostly off of the only real truth that they'll signal a giant variety of members. In return, the employer appears to be like nice to the workers as a result of they'll supply Life Insurance at a higher price than if the worker have been to enroll outdoors of the corporate.  

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