Protecting Your Paycheck: Disability Insurance Plays an Important Role in Your Financial Wellness

8/17/2026 - Wealth

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SouthState Retirement Plan Services is a trade name (doing business as) of SouthState Private Capital Management LLC, a wholly-owned subsidiary of SouthState Bank, N.A. Products and services are not bank deposits, nor are they insured by the FDIC or any Federal Government Agency, and are not backed or guaranteed by SouthState Bank, N.A. Securities involve investment risks, including possible loss of principal.
Kmotion, Inc., 12336 SE Scherrer Street, Happy Valley, OR 97086; 877-306-5055; www.kmotion.com
©2026 Kmotion, Inc. This newsletter is a publication of Kmotion, Inc., whose role is solely that of publisher. The articles and opinions in this newsletter are those of Kmotion. The articles and opinions are for general information only and are not intended to provide specific advice or recommendations for any individual. Nothing in this publication shall be construed as providing investment counseling or directing employees to participate in any investment program in any way. Please consult your financial professional for further assistance with regard to your individual situation.
This material is intended to provide general financial education and is not written or intended as tax or legal advice and may not be relied upon for purposes of avoiding any Federal tax penalties. Individuals are encouraged to seek advice from their own tax or legal counsel. Individuals involved in the estate planning process should work with an estate planning team, including their own personal legal or tax counsel.

Protecting Your Paycheck: Disability Insurance Plays an Important Role in Your Financial Wellness

8/17/2026 - Wealth

When people think about protecting their financial future, they often focus on saving for retirement, building an emergency fund or purchasing life insurance. One form of protection that is often overlooked is disability insurance. Your ability to earn an income may be your most valuable financial asset. If an illness or injury prevents you from working for an extended period, disability insurance can help replace a portion of your income and keep your financial goals on track.

Understanding the Basics

Disability insurance provides income replacement if you’re unable to work due to a covered illness or injury. There are two primary types of disability coverage: short and long term. Short-term disability insurance typically replaces a portion of your income for several weeks or months after a waiting period. Long-term disability coverage generally begins after short-term benefits end and may continue for several years — or until retirement age — depending on the policy. Most employer-sponsored plans replace between 50% and 70% of your base salary, although coverage levels vary.

What Employers Typically Provide

Many employers offer disability insurance as part of their benefits package, often at little or no cost to employees. Short-term disability coverage is commonly offered as an optional or employer-paid benefit. Long-term disability coverage is also frequently available, and employees may have the option to purchase additional coverage.

It’s important to review your benefits carefully. Pay attention to key details such as the percentage of income replaced, waiting periods before benefits begin, benefit duration and whether bonuses or commissions are included in covered earnings. You should also understand whether benefits would be taxable if you needed to use them.

An Important Part of Financial Wellness

Disability insurance works alongside emergency savings, health insurance, life insurance and retirement accounts as part of a comprehensive financial plan. Without adequate income protection, even a temporary loss of earnings could disrupt your ability to pay bills, cover healthcare expenses or continue saving for retirement (not to mention contributing to a college savings plan or funding other family financial goals).

During your next employer benefits enrollment period (which typically occurs in November of each year), take a few minutes to review your disability coverage. It could be one of the most important financial decisions you make.

Informational Sources: Guardian Life: ”How Does a Disability Insurance Policy Work?” (December 9, 2025); Lifehappens.org: ”Disability Insurance 101” (accessed June 25, 2026).

5/24/2024Life Insurance And Long-Term Care
9/10/2025Baby on Board: Starting a Family? Consider Life Insurance To Protect What’s Most Important
6/23/2023Managing Risk with Diversification
9/1/2022How Much Life Insurance Do You Need?
11/23/2021Women and Wealth Webinar - Protecting Your Wealth with Long Term Care

SouthState Retirement Plan Services is a trade name (doing business as) of SouthState Private Capital Management LLC, a wholly-owned subsidiary of SouthState Bank, N.A. Products and services are not bank deposits, nor are they insured by the FDIC or any Federal Government Agency, and are not backed or guaranteed by SouthState Bank, N.A. Securities involve investment risks, including possible loss of principal.
Kmotion, Inc., 12336 SE Scherrer Street, Happy Valley, OR 97086; 877-306-5055; www.kmotion.com
©2026 Kmotion, Inc. This newsletter is a publication of Kmotion, Inc., whose role is solely that of publisher. The articles and opinions in this newsletter are those of Kmotion. The articles and opinions are for general information only and are not intended to provide specific advice or recommendations for any individual. Nothing in this publication shall be construed as providing investment counseling or directing employees to participate in any investment program in any way. Please consult your financial professional for further assistance with regard to your individual situation.
This material is intended to provide general financial education and is not written or intended as tax or legal advice and may not be relied upon for purposes of avoiding any Federal tax penalties. Individuals are encouraged to seek advice from their own tax or legal counsel. Individuals involved in the estate planning process should work with an estate planning team, including their own personal legal or tax counsel.

Protecting Your Paycheck: Disability Insurance Plays an Important Role in Your Financial Wellness

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