In my previous post on benefits, we talked about life insurance as a gift for your family members. Disability is a gift for YOU and your family. In the same way life insurance helps replace your income stream for your family, disability insurance helps you maintain an income stream in the event you have an illness or injury that prevents you from being able to work.
I realize that life insurance isn’t the most exciting topic. In fact, some people may not want to think about it at all. If you associate it with coffins and funerals, that makes sense. However, I encourage you to think of it instead as a gift that you leave your family members. It enables them to pay for your final expenses without incurring financial hardship, and it can continue to support them in your absence.
Everyone loves daydreaming about a trip to Hawaii or taking some time off to spend with their family. To make those dreams a reality though, you first have to understand the different types of time off benefits that employers offer and how to manage your vacation account balance well.
I get it. You are young and a long way from retirement, but in the greater scheme of things this is probably your most important benefit. At the end of your working career, the single largest asset you have should be your retirement savings.
Last week I shared what I consider the Big 5 Benefits and how you can get started evaluating different packages. In this post we’ll take a deeper dive into what to look for when comparing medical benefits, but first it’s important to understand some basic plan terminology and how health insurance works.
A challenging task for job candidates is how to evaluate benefits packages. Many employers claim to provide competitive or comprehensive benefits, but at the end of the day, what does that mean? How can you compare their packages to ensure you’re getting the best coverage?