Which benefit has a maximum exclusion amount specifically set for groups?

Life insurance coverage is associated with a maximum exclusion amount that is specifically established for employer-provided group term life insurance. The IRS allows for a tax-free exclusion of up to $50,000 of group term life insurance coverage. Any amount over this limit is considered taxable income to the employee. This provision encourages employers to offer life insurance benefits to their employees without imposing an undue tax burden.

While other benefits such as dependent care expenses and adoption assistance may also have specific limits or exclusions, they do not relate directly to a maximum exclusion amount set specifically for group benefits in the same manner as group term life insurance does. Moving expenses have undergone substantial changes in tax treatment and generally do not have a maximum exclusion amount for groups. Therefore, the focus on group term life insurance makes this option the most accurate in relation to the question regarding a maximum exclusion amount for group benefits.