It's open enrollment season! Do you need to make changes to your employee benefits? In this episode Melissa Joy, CFP® reviews what you need to know about open enrollment and what various benefit options mean for you as far as coverage and cost.
You will learn:
- How do high deductible plans work vs. traditional plans.
- What is the minimum deductible to qualify as a high deductible plan?
- FSA vs HSA
- Things to consider with dental coverage options.
- Should I take advantage of life insurance through my employer?
- How do I know if I have adequate coverage?
- What do I need to do if my beneficiaries have changed?
Resources:
Data Sources: Capital Group, RIMES, Standard & Poor's.