Group-Term Life
The Concordia Disability and Survivor Plan (CDSP) pays death benefits to beneficiaries upon the passing of an enrolled worker or an enrolled dependent. These benefits have been ruled by the Internal Revenue Service as taxable group-term life insurance benefits.
The resources on this page outline imputed income, Group Term Life taxability and how to use the payroll deductions report. If you still have questions, please call us at 888-927-7526.