Cristina Fuentes: It's Time to Review Your Benefits Package

Summary

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ONE of the rites of fall for most employees is the opportunity to review and revise their benefit options for the next year (the next benefits year could start in January or sooner). This is often referred to as the "open enrollment" period. Typically, all employees of a company or organization can make adjustments to their benefit options at this time.

Although the opportunity is there to make changes, many employees do little more than confirm the benefits they already have in place. Failure to act during the open enrollment period may represent a missed opportunity. For today's worker, retirement plans, health care coverage and other important benefits represent a significant piece of overall compensation. More effective management of the benefits available to you can, in effect, represent a pay raise.

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Extract

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Cristina Fuentes: It's Time to Review Your Benefits Package

One other factor adds to the sense of urgency around taking a more serious approach to open enrollment - new health care laws ...

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