Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Health Insurance > Your Practice

Disability Kit Offered

X
Your article was successfully shared with the contacts you provided.

Assurant Employee Benefits has developed materials that can help inform employers about tax-advantaged long-term and short-term disability insurance plans.

Assurant Employee Benefits, Kansas City, Mo., part of Assurant Inc., New York, notes that Internal Revenue Service Revenue Ruling 2004-55 permits employees to get disability benefits from a group plan free of federal income taxes in some cases if the premiums are paid with after-tax dollars.

Employers need to think carefully about plan design choices to ensure that the disability benefits are paid on a tax-free basis, the company says.

Assurant Employee Benefits will start distributing the disability kit after Sept. 30.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.