There are certain rulings by the IRS that I really love, and one of those recently was probably based on a favorable letter ruling issued to a very creative and resourceful employer.
The unnamed company provides long-term disability benefits under a written plan. In the original terms, it pays the entire premium for the coverage and does not include that cost in the employee's gross income. The plan has been amended so an employee may also irrevocably elect to have the employer pay for the coverage on an after-tax basis.
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