Originally Posted by Noworkallplay;[url=tel:3343345
3343345[/url]]
With the FDX MEC LTD Plan, you can elect a Benefit Qualifying Period of 12 months or 24 months. The Benefit Qualifying period begins the first day you become disabled. Your benefits will begin the later of the 12 or 24 Benefit Qualifying Period or exhaustion of your regular and disability sick banks.
Are there any pros or cons with electing the 12 or 24 month qualifying period?
I’ve heard some say when they were junior they elected the 12 months because it was cheap. As they grew older and built up a nest egg they switched to the 24 months to save in premiums.
Any ideas? Thanks.