Company does not offer employer paid disability coverage under their group plan. Michelle opts to pick up the coverage and pay the premium herself. Which of the following is true?

Company does not offer employer paid disability coverage under their group plan. Michelle opts to pick up the coverage and pay the premium herself. Which of the following is true?

Michelle’s benefits would be tax deferred.
The benefits would be subject to FICA for the first six calendar months following her disability.
Both of the above.
Neither of the above.
Sally is the sole proprietor of the Sally Pie Company. She has purchased health insurance and long-term care insurance. How much of the premiums for her health insurance and long-term care insurance are deductible from her gross income?
100%
When are individual Medicare supplement insurance premiums deductible as medical expense?
From the first dollar paid for premiums
After the individual has met the policy deductible
When combined with other unreimbursed medical expense the amount exceeds 10% of the individual’s adjusted gross income.
Maggie is 35 years of age. She has purchased a long-term care policy. If her combined premiums and unreimbursed medical expense exceed 7.5% (10% in 2013), she can deduct ________ per year of her premiums for her long-term care policy.
$310
Maggie’s grandmother is 72 years old. She has purchased a long-term care policy. If her combined premiums and unreimbursed medical expense exceed 10%), she can deduct ________ per year of her premiums for her long-term care policy.
$1,000
$2,600
$3,850
All of the following statements are true regarding employer paid long-term

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