@073 CHAP ZZ

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                 ³ NON-TAXABLE FRINGE BENEFITS ³
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Despite some erosion in recent years, the tax law still
tends to put employee fringe benefits on somewhat of a
pedestal.  The following discussion covers 3 of the more
commonly provided types of fringe benefit ("employee wel-
fare") plans offered by employers, generally on a tax-free
basis to employees:  Health care plans, disability insur-
ance, and group-term life insurance plans.  This discussion
does not cover other important benefit plans such as pen-
sion and profit sharing plans, discussions of which are to
be found elsewhere in this program or, if you have a copy,
in the related book "STARTING & OPERATING A BUSINESS IN
@STATE."