Looking for some help. I have had my spirea for 5 years and it is looking more spindly this year. the boughs did not hang down this year they are just standing straight up like the ninebark it is planted beside.
FEGLI is group term life insurance, meaning it does not build cash values or paid-up insurance values. Basic Insurance Coverage Most Federal employees are eligible for the FEGLI program, which includes Basic Life Insurance coverage and three forms of optional coverage. If eligible, you are automatically covered by Basic Insurance when hired, and coverage continues, with premiums deducted from your paycheck, until you waive the coverage.
The value of the premiums for the portion of GTLI that is over $50,000 is considered part of the employee's total compensation for tax purposes, even though the employer has paid them on the employee's behalf. Group Term Life Insurance premiums are entered on a paycheck as a company contribution for taxation purposes. Non-Cash Fringe Benefits, like GTLI, should ideally be reported on a paycheck where the employee has regular wages to offset the taxes on the fringe benefit item(s).