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After a fall, it feels like you broke your ankle. The doctor, however, says you tore a ligament. This means you tore the:
Employer-Paid Premiums
Employer-paid premiums are the amounts paid by an employer for employee benefits such as health insurance, which are often exempt from taxable income for the employee.
Life Insurance
A contract that pays a designated beneficiary a sum of money upon the death of the insured individual or after a set period.
Taxable
Refers to income or transactions that can be taxed by the government.
Savings Bond Interest
The interest earned from holding U.S. savings bonds, which may be tax-exempt for educational purposes under certain conditions.
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