Page 5 - Dentons 2021 Benefits Guide Mainland
P. 5
2021
Dentons Benefits Guide
SPECIAL ENROLLMENT PERIOD
You may make changes to your benefit elections outside of the Open Enrollment period only when
you have a qualified change in status under IRS rules. These changes must be made within 31 days
of your qualified status change date and coverage will begin as of the date of the qualified status
event. You are responsible for notifying the benefits team of any change in your status.
Documentation may be requested for certain qualifying events.
Qualifying events include:
Marriage/divorce
Birth or adoption of child(ren)
Death of spouse/child(ren)
Change in employment status of self/spouse
UPDATING BENEFICIARIES
You can update your beneficiary designations for the Life and AD&D insurance, Business Travel
Accident insurance and Critical Illness insurance policies at any time in the Benefits enrollment
portal.
Important notes:
Beneficiary designation changes for retirement plan can only be updated by you at
workplace.schwab.com
Beneficiary designation changes for Health Savings Accounts can only be updated by you
at PayFlex.com
You cannot “delete” past beneficiary records
If you wish to remove a beneficiary from a benefit, reduce their benefit percentage to
“0%”
Your beneficiary elections must equal 100%
If you wish to designate a will or trust, enter the title in the First and Last Name fields and
then send a copy of the successor information page of the document to HR to be placed in
your benefits file
5
Dentons Benefits Guide
SPECIAL ENROLLMENT PERIOD
You may make changes to your benefit elections outside of the Open Enrollment period only when
you have a qualified change in status under IRS rules. These changes must be made within 31 days
of your qualified status change date and coverage will begin as of the date of the qualified status
event. You are responsible for notifying the benefits team of any change in your status.
Documentation may be requested for certain qualifying events.
Qualifying events include:
Marriage/divorce
Birth or adoption of child(ren)
Death of spouse/child(ren)
Change in employment status of self/spouse
UPDATING BENEFICIARIES
You can update your beneficiary designations for the Life and AD&D insurance, Business Travel
Accident insurance and Critical Illness insurance policies at any time in the Benefits enrollment
portal.
Important notes:
Beneficiary designation changes for retirement plan can only be updated by you at
workplace.schwab.com
Beneficiary designation changes for Health Savings Accounts can only be updated by you
at PayFlex.com
You cannot “delete” past beneficiary records
If you wish to remove a beneficiary from a benefit, reduce their benefit percentage to
“0%”
Your beneficiary elections must equal 100%
If you wish to designate a will or trust, enter the title in the First and Last Name fields and
then send a copy of the successor information page of the document to HR to be placed in
your benefits file
5
