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Old 02-26-2008 | 09:22 PM
  #9  
Left Coast MD11
Gets Weekends Off
 
Joined: Mar 2007
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I found the table and it works out. I can't believe that I just now noticed this money was being taken out every month (even though it is listed as earnings?)

1. Take the $800,000 that Fed Ex gives us.
2. Minus the first $50,000 that is tax free = $750,000
3. Divide $750,000 by 1000 = 750
4. Times the age/precent table (my case 35-39) 750 x .09 = $67.50

TABLE I. -- UNIFORM PREMIUMS FOR $1,000 OF
GROUP-TERM LIFE INSURANCE PROTECTION
_________________
Under 25 = $0.05
25 to 29 = .06
30 to 34 = .08
35 to 39 = .09
40 to 44 = .10
45 to 49 = .15
50 to 54 = .23
55 to 59 = .43
60 to 64 = .66
65 to 69 = 1.27
70 and above = 2.06
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