Money: Saving Your Nest Egg

Retirement funds suffer if you go on disability. An insurance policy can help

Saving for retirement is hard enough these days, but what would happen if you became disabled? If you couldn't work, you probably would have to stop setting aside that money. If you work for a company that matches your 401(k) contributions, you would lose that investment as well. Disability insurance usually covers only 50% to 70% of your income, and many plans don't pay disability benefits after age 65.

But help is on the way. Some employers are offering group disability insurance that covers 401(k) contributions, and at least two disability-insurance companies have started offering individual policies that do likewise. Berkshire...

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