A disabling illness or injury can occur without notice, and statistics show that nearly one in five people will be sidelined for at least a year during their careers.1 States often require employers to provide short-term disability coverage, but many don’t extend coverage beyond a few weeks or months. In fact, less than half of U.S. companies paid for long-term disability insurance coverage in 2009.2

Even when businesses include disability income insurance in their benefits packages in Charleston SC, Charlotte NC, Miami FL and Atlanta GA, typical limitations can make group policies inadequate. A well-paid professional in the midst of a productive career generally has much to lose if he or she experiences a disability and is unable to work.

The economy may be improving, but high unemployment and low inflation indicate that the Federal Reserve may keep interest rates low at least until 2012.1

It’s generally a good idea to keep three to six months of income in an emergency fund to help cover unexpected expenses or a sudden loss of income. But when interest rates are low, where should you keep your cash?

Savings Accounts

Perhaps the most appealing aspect of savings accounts is that they are insured and highly liquid.
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