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.

Resources

Group-Term Life Insurance Reporting: Webinar
Group-Term Life Insurance Reporting: Webinar Slides
Group Term Life Reporting FAQs
Group-Term Life Insurance Instructions
2025 IRS Employer’s Tax Guide, Publication 15
2025 IRS Employer’s Tax Guide to Fringe Benefits, Publication 15-B