Group Life W-2 Table (BN00.4)

Use Group Life W-2 Table (BN00.4) to define parameters for the calculation of employee tax liability for the cost of excess life insurance.

BN150 (Life Insurance Reportable Income) uses the values you define in BN00.4 to calculate the cost of excess life insurance. For complete information on how the Benefits Administration application calculates the cost of excess life insurance, see "Calculating the Cost of Excess Life Insurance" in the Benefits Administration User Guide.