Open enrollment season allows employees to choose workplace benefits for the following year, including life insurance. Most companies offer group life insurance, which covers a number of people under ...

The majority of American workers — 53% in 2024 — have life insurance through their workplace, according to LIMRA. However, as the cost of living rises, most workplace life insurance policies fail to ...

Employer-sponsored life insurance over $50K is taxed. The IRS considers excess coverage as imputed income. Imputed income appears on your W-2. The taxable portion of employer-provided life insurance ...

Many employers offer extra life insurance at group rates with no medical exam, which is easy to get but might not be your cheapest option Written By Written by Insurance Staff Writer, WSJ | Buy Side ...

Life insurance can be worth it if you have dependents or shared financial obligations. It offers critical financial support ...

Forbes contributors publish independent expert analyses and insights. Cicely Jones simplifies financial concepts for young professionals. I recently met a woman who, despite having a great career and ...

Life insurance is a necessity if you have immediate family or others that count on your income. However, choosing a policy that fits your financial goals and is affordable can be challenging. It helps ...