The leaves are just about done falling and the holidays are upon us. While many of us spend the next few weeks rushing around trying to fit in as many fun activities as possible, the end of the year can also be an opportunity to relax and reflect upon the choices that we've made over the course of the year. What went well? What do we want to do better next year? In regards to financial planning, one set of choices we are asked to review at the end of each year are our company benefit elections.
While it may be tempting to keep your benefits exactly the same year after year, this strategy may not be the best for your current needs. Here are some common misconceptions and overlooked benefits to consider when making your elections this year.