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(Please show work) Joes salary is $200,000 and he receives a group term life insurance policy equal to two times his salary. Presuming the plan

(Please show work)

Joes salary is $200,000 and he receives a group term life insurance policy equal to two times his salary. Presuming the plan is non-discriminatory, how much of the face-value of the insurance policy, if any, is subject to inclusion in his W-2 income?

a. $0. b. $50,000. c. $150,000. d. $350,000.

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