Wellman Shew

According to Wellman Shew , short-term disability insurance may be the best option for you if you are unable to work due to an illness or injury. This type of insurance provides income replacement while you are unable to work. It may also cover pregnancy depending on your policy. While some people believe that disability insurance is only for workplace accidents, this type of policy can be used to cover a wide range of medical conditions. Mutual of Omaha offers a portable policy that includes features like guaranteed renewability and a no-premium rider. There is also critical illness coverage and a premium waiver. Finally, this insurance policy will cover rehabilitation and hospitalization. Several Assurity policies are guaranteed to issue within four days and require little medical underwriting. Short-term disability insurance has some drawbacks, but it can still be beneficial to your business. Long-term disability insurance is a more expensive option that only pays out for a longer p

According to Wellman Shew , the cost of living is the most important aspect to take into account while making retirement plans. If you can't afford to retire because you reside in a high-rent location, it may be more difficult. Other expenditures, such as food, clothing, entertainment, family, pets and medical costs, must also be taken into account. In order to determine how much money you'll need in retirement, it's recommended that one utilize a retirement calculator. Understanding your risk tolerance and the amount of money you should invest is essential. There is a limit of $19,500 in most circumstances. Anyone over the age of 50 is eligible for a $6,500 catch-up contribution. A frequent risk assessment will verify that your funds are in line with your risk tolerance. Depending on the participant's age, income, and investing objectives, their risk tolerance will vary. See our guide to 401k retirement savings for additional details. An employee's 401k retirement