Will mortgage disability accomplish the same thing as private disability insurance?
ANSWER:
Mortgage disability is a type of insurance that pays the bank if you should become disabled and unable to earn enough money to pay your mortgage. You pay a premium for the policy, but the bank collects the benefit. This type of insurance, depending on the exact terms, may keep you from losing your home, but it will not provide you with an income for your remaining bills.
Disability
Saturday, May 18th 2024
Health Savings Accounts
You can use this account to pay for your qualified health expenses, including expenses that the plan ordinarily doesn’t cover, such as eyeglasses and hearing aids.
Expenses paid out of the HSA that are eligible expenses under your high-deductible health plan will count toward the plan’s deductible.
