Disability Income Planning
Disability Income Planning
If an illness or injury keeps you from working, we’ll help make sure your income doesn’t stop when you do.
Disability Income Planning for the Tri-State Area Let’s Talk About Protecting Your Paycheck—Request a Free Quote Today
We insure our homes, our cars, and our valuables-but what about our income? Disability income protection is designed to step in when an illness or injury prevents you from working, replacing a portion of your income so you can stay financially secure.
Think about it-your ability to earn is one of your most valuable assets. Yet, it’s one of the most commonly overlooked.
- 1 in 4 working adults will experience a disability before reaching retirement age.
- Over 2.5 million people in their 20s to 40s in the U.S. currently receive Social Security Disability Benefits.
- The average long-term disability claim lasts nearly 35 months.
- Disability is the leading cause of personal bankruptcy in the United States.
- And nearly 82% of Americans don’t have enough savings to cover six months of living expenses.
At Income Resource Group, we help you plan ahead—so if life takes an unexpected turn, your income stays protected. Reach out today to explore your options.
Employer Disability Coverage Is a Great Start—But Is It Enough? Having disability income insurance through your employer is definitely a plus—but it’s important to understand the limits. Most workplace plans come with benefit caps that may not fully cover your monthly expenses, especially if you have a mortgage, student loans, or a family to support.
And here’s something many people don’t realize: if you leave your job or get laid off, that coverage usually ends with your employment. Plus, any benefits you do receive may be taxed if your employer is paying the premiums..
That’s why many professionals choose to supplement their employer plan with individual disability insurance—so their income is better protected, no matter where their career takes them.
The More You Earn, the More You Need to Protect If you’re a high-income earner, your financial responsibilities—and the people who depend on you—likely grow along with your paycheck. That’s why protecting your income is critical. Experts recommend covering at least 65% of your current income to ensure you can maintain your lifestyle and financial goals if you’re ever unable to work.
However, many group disability plans fall short—especially for higher earners. These plans often have benefit caps that limit how much of your income is actually protected. The result? Professionals who bring the most value to their organizations often end up with the least coverage.
At Income Resource Group, we’ll help you bridge that gap with a plan that’s built around your real income and your future.
As a professional, your responsibilities go far beyond your personal income. What happens to your office, your rent, and your staff salaries if you’re suddenly unable to work? Without the right protection in place, a temporary disability could risk not just your livelihood—but your entire business.
At Income Resource Group, we understand these challenges. That’s why we offer coverage designed specifically for professionals like you. With office overhead insurance, you can keep your business running, cover essential expenses, and even bring in a licensed practitioner—up to $20,000 per month-to care for your clients or patients in your absence.
And if returning to work isn’t possible, we help ensure you can step away with dignity—without losing everything you’ve worked so hard to build.
Disability Can Disrupt More Than Your Income—It Can Derail Your Retirement Too It’s easy to focus on the immediate financial impact of a disability—but what about your long-term goals? Many people don’t realize that if you’re unable to work, your employer is legally not allowed to contribute to your retirement plan during your disability.
That gap in contributions can seriously affect the future you’ve been planning for. At Income Resource Group, we help you prepare for more than just the short term. We’ll guide you through smart solutions to protect your retirement savings—so your financial future stays on track, no matter what life brings.
Let’s talk about how you can protect what matters most—your income, your business, and your future. At Income Resource Group, we make disability income protection easy to understand and even easier to get started. No pressure, just real guidance and smart options.
Reach out today—we’re here to help you build a plan that fits your life.Feel Free Contact Us Now
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