Originally Posted by
DLax85
OK --- you nailed it.
Though it's amazing that FEDEX is "pricing/valuing" their $800K policy at $112.50 per month, given that I purchased a $700K, 20-year, level term policy at age 43 (2 years ago) from USAA for $63 a month....
Thanks again for cracking the code.
FedEx doesn't set the pricing, the IRS does in their code. The first $50K can be a free corporate benefit. Anything above that creates imputed income according to the IRS table. Just wait until you get to be 55 or 60 to enjoy some real "cheap" insurance....
