How long does it take to begin collecting benefits under a disability policy?
ANSWER:
That depends on the terms of your contract, but most disability insurance policies do have a waiting period of 30 to 90 days. Taking a longer waiting period lowers your premium, but it is important to have enough money in savings to be able to pay your bills for several months while waiting for the disability benefits to begin.
Disability
Thursday, Nov 21st 2024
Health Savings Accounts
You can use this account to pay for your qualified health expenses, including expenses that the plan ordinarily doesn’t cover, such as eyeglasses and hearing aids.
Expenses paid out of the HSA that are eligible expenses under your high-deductible health plan will count toward the plan’s deductible.
