Key Takeaways
Your employer-provided benefits can have a meaningful impact on your taxes, cash flow, insurance coverage, retirement savings, and long-term financial goals. This checklist can help you review your benefits and identify opportunities to better align them with your broader financial plan.
Electing and reviewing employer-provided benefits can be a daunting task. With so many options available, it can be difficult to know which benefits best suit your needs — and how those benefits fit into your overall financial plan.
For example, you may need to compare your employer-sponsored medical insurance options, decide whether adding a spouse or dependents makes sense, or determine how to best use an HSA, HRA, or FSA. You may also want to review your retirement plan investments and contributions to make sure they align with your goals and risk tolerance.
This checklist is designed to help you identify the employer-provided benefits that may warrant a closer look and the factors to consider when evaluating them.
Specifically, this checklist will help you:
- Review your medical insurance and healthcare benefits.
- Evaluate your retirement plan and employer contributions.
- Review your employer-sponsored life and disability insurance.
- Consider how equity compensation and other fringe benefits fit into your financial plan.
- Identify tax, cash flow, and state-specific considerations related to your benefits.
Your employer-provided benefits can affect your taxes, cash flow, insurance coverage, retirement savings, and long-term financial goals. Taking the time to review them as part of your broader financial plan can help you make more informed decisions.
If you have questions about your employer-provided benefits or how they fit into your financial plan, we encourage you to connect with our team.
You can schedule a call below. We’re here to help you evaluate your options and make informed decisions that support your broader financial goals.
Related Bautis Financial Resources
- How to Make the Most of Your Employee Benefits
- Financial Planning Checklist: What to Consider When Reviewing Health and Life Insurance Policies
- How to Maximize Your Health Savings Account (HSA)
- Health Savings Accounts (HSAs): How to Spend the Funds — and How to Use Them Strategically
Bautis Financial LLC is a registered investment advisor. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial advisor and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
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