Question
Hello, Use Worksheet 9.2. Bruce Kaplan, a 35-year-old computer programmer, earns $60,000 a year. His monthly take-home pay is $3,600. His wife, Barbara, works part-time
Hello,
Use Worksheet 9.2. Bruce Kaplan, a 35-year-old computer programmer, earns $60,000 a year. His monthly take-home pay is $3,600. His wife, Barbara, works part-time at their children's elementary school but receives no benefits. Under state law, Barbara's employer contributes to a worker's compensation insurance fund that would provide $1,600 per month for six months if Bruce were disabled and unable to work. Use Worksheet 9.2 to calculate Bruce's disability insurance needs assuming that he won't qualify for Medicare under his Social Security benefits. Round your answer to the nearest whole
Worck sheet 9.2
Name(s) Date 1. Estimate current monthly take-home pay $ 2. Estimate existing monthly benefits: a. Social Security benefits $ b. Other government benefits c. Company benefits d. Group disability policy benefits 3. Total existing monthly disability benefits (2a + 2b + 2c + 2d) $ - 4. Estimated monthly disability benefits needed ([1][3]) $ - |
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