LTD Tax Choice
Your Long-Term Disability plan comes with a tax choice: pay tax on the benefit now through payroll deductions, or pay if and when you receive a benefit?
LONG-TERM DISABILITY PLAN OPTIONS Pay Taxes Now CHOOSING THE on the Premium? RIGHT LONG-TERM This makes the benefit tax-free DISABILITY PLAN accomplishing two things: It eliminates While you may never use it, your tax obligation during a period of disability when finances might be tight. long-term disability insurance And it effectively increases your income ensures you’ll still be able to during the disability period as the support yourself in the event of benefit income is not taxed. an illness, injury, or accident. We have you covered; we are Don't Pay Taxes paying 100% of the premium on the Premium for you! Your long-term disability benefit will be But the question you need to taxed. Adding taxes on top of an already ask yourself, would you rather decreased income could drop your pay taxes now or when you’re spending money significantly, and that on disability? could severely restrict your lifestyle.