
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - Employer-paid group health insurance premiums are a deductible business expense, and the benefit is tax-free to the employee. - The core rule for group disability insurance: the tax treatment of the premium determines the taxability of the benefit. - Why benefits from a non-contributory (100% employer-paid) disability plan are fully taxable to the employee. - How benefits from a disability plan paid entirely by an employee with after-tax dollars are received completely tax-free. - How to calculate the taxable portion of disability benefits in a contributory plan where costs are shared between the employer and employee. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
Podzilla Summary coming soon
Sign up to get notified when the full AI-powered summary is ready.
Free forever for up to 3 podcasts. No credit card required.

Property & Casualty Exam Prep 2, Law of Large Numbers and Insurable Risk

Property & Casualty Exam Prep 1, Risk, Peril, Hazard, and Loss

[Health Insurance] 67, Tax Treatment of LTC Insurance and HSA Distributions

[Health Insurance] 65, Tax Treatment of Individual Health Insurance Premiums
Free AI-powered recaps of Insurance Exam Prep and your other favorite podcasts, delivered to your inbox.
Free forever for up to 3 podcasts. No credit card required.