May is Disability Insurance Awareness Month, so the Robin S. Weingast & Associates Team has been reading up on the latest trends and news on this important topic. We’ve discovered some interesting insights we want to pass along to you!
1) Only 1/3 of Americans have disability insurance, and many are doing without it because their employer doesn’t offer it, according to a new survey by OneAmerica and the Harris Poll. The survey of 2,100 U.S. adults, revealed that among employed Americans who do not have short- or long-term disability insurance provided by their employer, 43 percent say the reason is because their employer does not offer it. Click here to learn more about what the survey found and what the forecast looks like for disability insurance in the United States.
2) According to the Social Security Administration, just over one in four 20-year-olds will become disabled by age 67, yet disability insurance is often last on the list of priorities for this generation. This interesting piece breaks down why millennials should seriously consider disability insurance, and how to evaluate employment opportunities based upon available disability options. Click here to read “Why Some Millennials Need Disability Insurance”
Are you prepared if you become unable to work due to a disability? Are you a business owner who wants to explore what it would take to offer your employees this valuable coverage? The Robin S. Weingast & Associates team is here to help. Click here to contact us today and learn how we can help you and your employees prepare for anything that comes up in their lives.
Welcome to the next installment of “What Robin’s Reading,” our bimonthly feature that highlights what the Robin Weingast team is reading to stay current and up-to-date on the issues that will most impact our clients and their benefit planning. This month we’re reading “Determining the Future of Long-Term Care.”
Why are we reading this?
The industry estimate is that over 70% of people will need long-term care at some point in their future. It’s an unavoidable and expensive need, with costs soaring over the past five years (link to RSW post on costs). Last year, long-term care was in the spotlight and we know that it will be a pivotal issue in the years ahead. There will also undoubtedly be legislative focus on long-term care expense taxation issues that may change long-term care planning strategies.
The article recognizes that strong long-term care “requires a well functioning interdisciplinary care team, innovative delivery systems, and carefully coordinated care. This cannot be done alone, but will sometimes require a strong strategic partner.”
The Robin S. Weingast & Associates team prides itself on being your go-to strategic partner. We make it our business to have the expertise needed to address our clients’ most pressing and important concerns and we also offer innovative, tax-favorable solutions to long-term care planning. Contact us and let us put our knowledge to work for you.
Happy new Year from Robin Weingast & Associates! As regular readers of our blog know, the Robin Weingast & Associates team is committed to providing our clients with the knowledge and insights they need to successfully achieve their business goals. What you may not know is that we also like to make sure we’re prepared with insights and knowledge that will help us provide the best service to every one of our clients.
That’s why we’re happy to introduce a new feature on our blog: “What Robin’s Reading.” Every other month, we’ll give you an inside look at what the Robin Weingast & Associates team is reading and explain why it’s so interesting to us.
This month, we’re reading “17 Charitable Tips for the Wealthiest Clients,” a piece that outlines ways that we can help our wealthiest clients participate in philanthropy that matters to them. The article outlines some key points to consider as we work with clients to achieve their giving goals.
Why are we reading this? At the heart of these 17 tips is the message that the right strategy comes down to making sure you have a relationship with your client and that the solution you offer is customized to their needs. This is at the heart of the Robin S. Weingast & Associates approach to business.
Got something you think Robin should read? Contact us and make a recommendation!