It’s Open Enrollment: Are You Making the Most of Your Employee Benefits?

It’s Open Enrollment: Are You Making the Most of Your Employee Benefits?
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Dear Readers: As we approach open enrollment, I’m hoping every single one of you will take the time to carefully review your choices. There’s no question that employee benefits are always a significant part of your financial life. But this year, as millions of Americans face health and financial challenges as a result of the COVID-19 pandemic, they may well be more important than ever.

So don’t just assume that what worked in the past is what’s best for you now. Use open enrollment to thoughtfully evaluate your options.

Health Insurance: Important to Review Yearly

You never want to be complacent about health insurance, but especially not in the middle of a pandemic. If you’re lucky enough to have health insurance through your employer, make sure you’re getting the most comprehensive coverage you can afford.
Carrie Schwab-Pomerantz
Carrie Schwab-Pomerantz
Author
Carrie Schwab-Pomerantz, a certified financial planner, is president of the Charles Schwab Foundation and author of "The Charles Schwab Guide to Finances After Fifty."
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