OPM asks Congress for permission to offer federal employees what it calls “voluntary benefits” such as short-term disability insurance, prepaid legal plans, emergency child care short-term and personal accident insurance. “Under this authority, the OPM could contract with insurers or other appropriate providers to provide one or more specific benefits …
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Let’s talk taxes: disability insurance and taxation
Not many people want to talk about taxes, but when it comes to disability coverage, a little tax understanding sets us up to make informed decisions. I’m not a tax expert, but I know that when it comes to employee benefits, surprises are rarely good. So let’s dig. Disability coverage …
Read More »Voya Financial is expanding its disability insurance and hospital compensation offerings as more Americans turn to their employers for help with financial wellness
MINNEAPOLIS–(BUSINESS WIRE)–Voya Financial, Inc. (NYSE: VOYA), today announced that its Employee Benefits business has expanded its line of supplemental insurance products to help employers and their employees as both groups increasingly seek plus financial wellness solutions through workplace offerings. Specifically, Voya’s new and improved Hospital Supplement and Short-Term Disability Income …
Read More »Discover the new face of disability insurance: millennials and millennials
As younger generations enter the workforce, counselors should look to Millennials and Gen Z, especially those with career potential of $ 100,000 or more, as sales goals. promising. Understanding the needs of your client, regardless of age, is the first step in starting a conversation about the benefits of income …
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