Let’s Not Overlook the Income Protection and Financial Wellness Needs of Low-and Moderate-Income Households
Is income-protection a “luxury good” like designer clothing, fine wine, or—dare I go there?—a Peloton? A look at Bureau of Labor Statistics (BLS) Employee Benefits Survey data on availability of employer-paid short- and long-term disability insurance benefits suggests you wouldn’t be totally off-base if you answered “yes” to that question. For both STD and…