Planning With Purpose Series: Session 3 - Employee Benefits

What We'll Cover in Session 3

• Understanding Your Medical Benefits - Learn the key terms that can impact what you pay for healthcare, including copays, deductibles, coinsurance, and maximum out-of-pocket. We’ll also discuss networks, waiting periods, open enrollment, and qualifying life events.

• Life Insurance Through Your Employer- Understand how employer-sponsored life insurance works, what coverage may be available, and what to consider when selecting additional coverage and designating beneficiaries.

• Disability Insurance and Protecting Your Income -Learn the difference between short-term and long-term disability coverage, including elimination periods, benefit periods, and how disability benefits can help protect your income.

• Vision Benefits and HSAs- Review how vision benefits typically work, including copays, allowances, and benefit frequency, and learn how a Health Savings Account can provide a tax-advantaged way to prepare for qualified healthcare expenses.

• Retirement Plans and Building for the Future -Explore common retirement plans, including 401(k)s, 403(b)s, and SEP IRAs, and discuss how starting early, contributing consistently, and taking advantage of available tax benefits can support long-term financial growth.