Page 9 - ABC Company 2018 Open Enrollment Guide
P. 9

 30 DAYS TO TAKE ACTION!
Notify benefits@ABCcompany.com within 30 days of any life status change.
 Making Changes Mid-Year
The IRS requires that benefits paid with pre-tax employee contributions stay in
effect for the entire year (January through December). Once you make your benefit elections, you can make mid-year changes only if you have a qualified life status change. A qualified life status change generally includes one of the following:
» A change in your marital status
» The birth or adoption of a child
» A dependent’s loss of eligibility (when he/she reaches the age limit for coverage, for example)
» Death of a dependent
» A change in your spouse’s coverage
» A change in your employment status from part-time to full-time or full-time to part-time
Your change in coverage must be consistent with the qualifying event. In addition, you must notify benefits@ABCcompany.com about your coverage changes within 30 days of your life status change. Otherwise, you will have to wait until the next annual enrollment to change your benefit elections.
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