open enrollment checklist

Review open enrollment period dates

Determine eligibility for open enrollment

Familiarize yourself with company benefits offerings

Gather necessary personal information (e.g., social security number, dependents' details)

Evaluate current health insurance plan

Research and compare different health insurance plans

Consider factors like premiums, deductibles, and coverage options

Consult with human resources or insurance provider for clarifications

Make a decision on the new health insurance plan

Review current retirement plan contributions and investment options

Assess whether adjustments are necessary based on financial goals

Research other retirement plans available (e.g., 401(k), IRAs)

Consult with financial advisor if needed

Make any desired changes to retirement plan contributions

Assess current FSA or HSA contributions and remaining balances

Determine if adjustments are necessary based on anticipated expenses

Review eligible expenses and contribution limits

Consider opening or closing FSAs or HSAs if needed

Make any desired changes to FSA or HSA contributions

Review other benefits offered (e.g., dental, vision, life insurance)

Assess current coverage and determine if adjustments are needed

Research and compare different options for additional benefits

Consult with human resources or insurance provider for clarifications

Make any desired changes to additional benefits coverage

Collect required documentation for enrollment (e.g., marriage certificate, birth certificates)

Ensure all paperwork is filled out accurately and completely

Submit enrollment forms within the designated deadline

Retain copies of all submitted forms for your records

Confirm receipt of enrollment forms with human resources or insurance provider

Keep track of enrollment confirmation numbers or receipts

Review final benefits summary to ensure accuracy

Follow up with any outstanding questions or concerns

Prepare for the start of the new benefits coverage period.