Now here are some disturbing numbers. According to MetLife’s 9th Annual Study of Employee Benefits Trends, 63% of full-time workers who are primary wage earners and not married are very concerned about having enough money to pay bills during a period of sudden income loss. But 60% of these single workers have no disability insurance […]
Disability insurance is a key component of an individual’s financial plan, and provides valuable coverage to guard against the risk of them losing their income due to an illness or injury. Since a long-term disability can ruin a person’s financial health, it would make sense that everyone have the coverage. However, fewer than a third […]
Quick! Give me the first answer that pops into your head. What is your most valuable asset? Did you say, “My house!” Or perhaps, “My car!” Both answers makes sense, but neither is correct. If you are like most people, your most valuable asset is actually your paycheck. It’s what pays for your house and […]
Today we honor all mothers—for all they do, and all they’ve done. And our thoughts go out to those who have lost their mothers, many at too young an age. This video gets you thinking about where we would be without them. Now, if you can, go give your mom a hug.
Here are the most recent government statistics (2009) for the Social Security Disability Insurance (SSDI) program. Disability benefits were paid to almost 9 million people. Average monthly benefit received was $1,064.30. Benefits were terminated for 630,074 disabled workers. Workers accounted for the largest share of disabled beneficiaries (87 percent). The average age of a beneficiary was about […]