- Individual Disability insurance helps you pay you every day living expenses like your mortgage/rent, utilities, food, car payments etc.
- But will you have enough benefit to invest for retirement as you do when working?
Retirement Security covers this need for you. It is a separate policy that pays benefits in addition to any other disability benefits you have. Benefits are paid into a Trust. You direct the investments. This helps narrow the gap between what you would have invested for retirement if you had kept working and what you can invest while disabled.
- This is an investment account and not a qualified retirement plan. You pay taxes on gains as you go.