Many times with your employer or on your own you have choices. What plan do I choose? What risks do I face?
Many people glance over benefits offered by their employer as "fluff". But if you read the fine print some of these benefits can be really great. There's a reason why your employer offers an open enrollment period to allow you to choose, it's mandated by law. Plus it's used to attract you to work for them.
So....as you are presented with all of these opportunities and benefits one thinks "WTF! No, I do not want to pay an extra 10 dollars a month for this!"
That 2 dollars per month for short term/long term disability can mean the difference between 50 and 66/80% of your salary, for a mere 24 bucks per year. And remember you cannot change your benefit enrollment unless you have a qualified life changing event.
The story is a guy at work wanted to cheap out on long term benefits and we talked him into the 2 bucks a month. Next year he was not able to work and probably never will, but yet he gets 80% of his salary to support his wife and son.
Many people glance over benefits offered by their employer as "fluff". But if you read the fine print some of these benefits can be really great. There's a reason why your employer offers an open enrollment period to allow you to choose, it's mandated by law. Plus it's used to attract you to work for them.
So....as you are presented with all of these opportunities and benefits one thinks "WTF! No, I do not want to pay an extra 10 dollars a month for this!"
That 2 dollars per month for short term/long term disability can mean the difference between 50 and 66/80% of your salary, for a mere 24 bucks per year. And remember you cannot change your benefit enrollment unless you have a qualified life changing event.
The story is a guy at work wanted to cheap out on long term benefits and we talked him into the 2 bucks a month. Next year he was not able to work and probably never will, but yet he gets 80% of his salary to support his wife and son.