How do you calculate imputed income for group term life?
How do you calculate imputed income for group term life?
How to calculate imputed income Excess coverage: $100,000 excess death benefit – $50,000 coverage = $50,000. Monthly imputed income: ($50,000 / $1,000) x . 10 = $5. Annual imputed income: $5 x 12 months = $60 imputed income. Nov 11, 2021