Group life tax implication for employees Your client is age 46 and her employer provides her with $175,000 of group term life insurance. She contributes $10 to the coverage each month. The cost per $1000 of protection for one-month period is as follows for each age bracket: $0.05 for age 25 or under $0.06 for ages between 25 to 29 ) $0.08 for ages between 30 to 34 $0.09 for ages between 35 to 39 | $0.10 for ages between 40 to 44 | $0.15 for ages between 45 to 49 $0.23 for ages between 50 to 54 ) $0.43 for ages between 55 to 59 $0.66 for ages between 60 to 64 $1.27 for ages between 65 to 69 $2.06 for age 70 and above If she was covered for twelve months, what is the yearly income reportable by her? A $105 B $225 $435 D $525 E $30