By Daniel Iskra, of MetLife Given recent market volatility and economic uncertainties, it’s no surprise that many American workers are struggling financially and experiencing a decline in their financial wellness and mental health.1 In fact, only 55% of employees feel financially healthy and 65% of employees feel mentally well – down 9% and 3%, respectively…
By Steve Perrigo Editor’s Note: SSDI is an often-overlooked income benefit for individuals with disabilities or serious illnesses. Many Americans workers are unaware of this critical benefit that they earned while working. Employers and employees fund this federal program by paying Federal Insurance Contributions Act (FICA) payroll taxes. No one thinks it will happen to…
By Darlena Holland. HowThis article originally appeared on the American Fidelity Blog. Zip-lining in Costa Rica. Parasailing in Cabo. Skiing in Colorado. In today’s world, millennials have more access than ever before to new experiences, new adventures, and new opportunities to cross items off their bucket lists. Because of their active lifestyles, disability insurance is an important…
Group disability insurance is an important (but sometimes overlooked) employee benefit. Just how important? Research finds that 75% of employees would have trouble paying for basic living expenses after several months if they became disabled and were unable to work. At a time when competition for top talent is high, and health and financial security are…
This article originally appeared on the American Fidelity Blog Understanding the differences between short- and long-term disability insurance can be tough and knowing which coverage is right for you is not always easy. However, disability insurance can be an essential part of a solid financial plan, so it’s important to understand your options. What is…
By Steve Perrigo Editor’s Note: When most of us think about “open enrollment” for benefits through our employers, we rarely—if ever—think about benefits we passively pay into through our payroll FICA taxes, such as Social Security Disability Insurance. Steve Perrigo from CDA member company, Allsup, writes an easy-to-read post on this important benefit. October…
By John Feeney, vice president, group sales and market development for the Renaissance Life & Health Insurance Company of America. Attention Gen Z and Millennials: disability insurance is an important coverage for you, too. Some view employer-sponsored group disability insurance as an ancillary benefit reserved for older individuals, when in fact, disability insurance should…
This article originally appeared on the American Fidelity Blog. Understanding the differences between short- and long-term disability can be tough and knowing which coverage is right for you is not always easy. However, disability insurance is an essential part of a solid financial plan, so it’s important to understand your options. What is disability insurance? Disability…
Duncan Stout Editor’s Note: Would you like to place a hefty bet against your most of your savings and financial security? Unfortunately, there’s a good chance you made the wager already. One of the largest financial gambles in America takes place every day for millions of working people. It’s a gamble that’s easy to overlook,…
By Steve Perrigo Editor’s Note: It would surprise many employees to know they already have access to disability coverage. If you’ve paid FICA taxes for five of the last 10 years, your Social Security Disability Insurance policy is paid up. Two years into a pandemic and the changing economy and Great Resignation forced U.S. employees…
