MC 2: MC2 Post 1353 What About Google's Generous Death Benefits?

Sunday, August 12, 2012

MC2 Post 1353 What About Google's Generous Death Benefits?

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Will IRS Get A Piece Of Google's

Generous Death Benefits?

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From: http://www.forbes.com

Like a lot of people, I am astounded over Google’s employee death benefits. Forbes’ Meghan Casserly’s interview with Google’s Chief People Officer Laszlo Bock is must reading: Here’s What Happens To Google Employees When They Die. It’s all the more awe-inspiring as a simple disclosure long after the fact, not a recruiting stunt or PR move.

If a U.S. Google employee passes away while employed there, his or her surviving spouse or domestic partner gets a check for 50% of the employee’s salary every year for 10 years. There’s no tenure requirement so most of the 34,000 employees qualify. That’s a big benefit and big-hearted, but is it taxed?

Link: http://www.forbes.com/sites/robertwood/2012/08/10/will-irs-get-a-piece-googles-generous-death-benefits/

TinyURL: http://tinyurl.com/9cfc92e

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