Long Term Disability Buy Up -

: Some plans extend benefits until the Social Security Normal Retirement Age . Enrollment & Evidence of Insurability (EOI)

A "buy-up" long-term disability (LTD) plan is an optional insurance layer that allows you to increase your coverage beyond the standard base plan provided by your employer . Core Benefits long term disability buy up

: Standard employer plans typically cover 50% to 60% of your pre-tax income . A buy-up can increase this to 66.67% or 70% . : Some plans extend benefits until the Social

: If you wait until a later open enrollment period, you will likely be required to provide Evidence of Insurability , which involves a health assessment . A buy-up can increase this to 66

: If your company pays the premiums, the benefits you receive later are usually taxable .

: Some plans have a one-year service requirement before coverage begins, though this may be waived if you had prior group coverage . Tax Implications 💡

: Buy-ups often raise the maximum monthly payout limit (e.g., from $5,000 up to $33,000 a month) .