Employee benefits open enrollment can be confusing for a lot of people. There are a lot of options to choose from that probably seem like they’re in a different language. My past 5 blog posts have dived into various employee benefits including health insurance, disability insurance, group term life insurance, Dependent Care FSA, and other ancillary benefits to help empower you to make a more educated decision when making your selections for the next year. Personal finance is just that – personal.
There’s no one size fits all approach to developing and implementing a successful financial plan for your particular situation and this includes the employee benefits elections that you make.
Just because something is offered to you through your employee benefits package doesn’t mean that you should pay for it or that it will provide the benefits that you may think it does.
Taking a little bit of time to educate yourself on the options that are available to you can go a long way in making sure that you and your family are properly protected against catastrophic risks and that your hard earned money is going towards products that actually provide a benefit to you.
Here are all 5 parts of the Guide to Employee Benefits Open Enrollment 2020:
Part 1: Health Insurance
Part 2: Disability Insurance
Part 3: Group Term Life Insurance
Part 4: Dependent Care FSA
Part 5: Ancillary Employee Benefits
