Insurance When it Comes to Changing a Career or Going Back to School
Thinking about a new career? Taking some time off to pursue other interests? Going back to school part-time? Maybe you’re being downsized out of your current job; or perhaps you’re tired of the 9-to-5 routine and want to break out on your own.
Important Issues for You
Leaving a job is one of life’s most significant decisions. Here are some important financial issues to consider. Investigate each of the topics below to find out how a job change affects your financial planning.
Resources & Tools
COBRA -- COBRA, which is the Consolidated Omnibus Budget Reconciliation Act, guarantees that all individuals who are covered by medical insurance have the right to continue coverage for a monthly fee if employment or marital status changes. A nonemployee spouse in a terminated marriage is entitled to COBRA coverage at his or her own cost for up to thirty-six months.
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