DBA Setup assistance for Employer Paid Life
Can anyone offer me any guidance on what would be the proper table method to use for our employer paid life insurance. Our current setup (done originally by a consultant) is set up using table method AR. Originally the setup was to only calculate 2 times the base salary not to exceed 200,000, divide by 1000 times amt/rate in table. Our carrier is now wanting us to calculate the premiums off of Gross pay for most pay types and some cash benefits.
Our current base LTD plan calculates its salary based on this exact calculation, but I'm not sure how to associate this in the table method attached to our Employer Life dba.