Three Reasons Employer Paid Life Insurance is Dangerous

By Keith Rocha | March 20, 2016

You should have an individually owned life insurance policy. Relying on an employer paid policy can be risky. Here’s why: Never Enough Many employer paid for plans only provide 1-2 times your annual salary as the death benefit. This is never enough to take care of your loved ones. How much do you need? Life…

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Your Group Life Insurance May Be Taxed

By Keith Rocha | February 25, 2016

According to the IRS life insurance provided by an employer may be taxed. The following information is provided directly from the IRS website:   Group-Term Life Insurance Total Amount of Coverage IRC section 79 provides an exclusion for the first $50,000 of group-term life insurance coverage provided under a policy carried directly or indirectly by…

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