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Steve is the librarian in his city's library. The library provides group disability insurance where premiums are paid by employees with after-tax dollars. He enrolls
Steve is the librarian in his city's library. The library provides group disability insurance where premiums are paid by employees with after-tax dollars. He enrolls in a policy through the employer that provides a benefit of $4,200 a month. If he is in the 25% tax bracket and is disabled, what are his benefits after tax?
A) $0.
B) $1,050.
C) $3,150.
D) $4,200.
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