Examlex
The combining forms phac/o- and phak/o- mean:
Tax Purposes
This encompasses reasons or considerations related to the assessment, computation, and payment of taxes.
Employer-Paid Premiums
Premiums paid by employers for employee benefits like health insurance, usually not taxable income for the employee.
Life Insurance
Life Insurance is a contract between an insurance policy holder and an insurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured person.
Taxable
Referring to income or transactions that are subject to taxation by government authorities.
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