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Do unsolicited monetary gifts to a retiree from a former employer count as income?

My former employer freely chooses to pay my monthly insurance premiums up to a certain amount even though I am permanently retired and no longer employed and do no work for the employer.
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IreneS
Expert Alumni

Do unsolicited monetary gifts to a retiree from a former employer count as income?

No - The amounts are considered gifts.  What a thoughtful employer!

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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2 Replies
IreneS
Expert Alumni

Do unsolicited monetary gifts to a retiree from a former employer count as income?

No - The amounts are considered gifts.  What a thoughtful employer!

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Do unsolicited monetary gifts to a retiree from a former employer count as income?

Thank you.  Yes, generous, although I was paid minimally for many years!

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