Tuesday, July 31, 2007

Severance Insurance

With long term disability if you get W-2'd the premium (which basically means that you pay the pemium), any benefit you receive is not deemed "wages" for the purpose of federal income tax. It's not taxable! Wow!

I've got to research whether there is anything like that for any other benefit. Do you suppose it (or anything like it) is translatable to any other kind of job loss benefit?

willy

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