Originally Posted by
Xray678
according to my AME, most people who are going to have serious issues have them long before they get to their 60s. If you have made it to 65 with no big health issues, the odds are very good you will continue to be healthy.
That might be true for
new LTD recipients*. But there are a not-small number of
existing and
permanent LTD recipients who would get 2 more years of LTD, which is the equivalent of carrying them as a full time employee for a full year, including 401(k).
* I'd be willing the bet there will be some folks who will finally fess up to a condition they have been hiding/minimizing, and initiate LTD somewhere around 65 (when they have been expecting to retire anyway), and collect a year's pay spread over the following 2. No idea how many, but it won't be zero... 10% of the monthly retirements are above/beyond mandatory numbers... Just saying.