IRC Section 79 | Section 79 Plans

IRC Section 79 | Section 79 Plans:   Calculating the tax liability In a non-discriminatory Section 79 plan the first $50,000 of coverage is provided free to all employees. Any group coverage over this amount is deemed a benefit for which the employee must pay. The pure insurance portion is factored using the IRS's published Table I rates  (scroll to page 5).…