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Taxation of Group Life
Author :
Annitta Bingham
paid
taxable
tax deductible
On an Employer Sponsored Plan , the interest charged on a policy loan is ____________________ to the employer .
tax deductible
taxable
profitable
Group Life premiums are ____________________ to the employer
allows withdrawals
allows tax deductions
grows tax deferred
Cash Value in an Employer Sponsored Plan ____________________ just like the individual life polic y
tax deferred
tax free
tax deductible
The death benefit in a Group Life policy is ____________________ if paid in a lump sum to a named beneficiary .