Voluntary Benefits

During the enrollment period, you have an opportunity to purchase voluntary benefits at affordable group rates. For most plans, benefits are paid directly to you — not to a doctor or healthcare provider.

Accident Insurance

Accident Insurance: [CARRIER]

Accident insurance can soften the financial impact of an unexpected, non-work-related accident by providing a monetary benefit to help cover unexpected costs related to treating your injuries. Benefits are paid directly to you. Coverage is also available to your spouse and dependents.

Critical Illness Insurance

Critical Illness Insurance: [CARRIER]

Did you know that the average total out-of-pocket cost related to treating a critical illness is over $7,000? With critical illness insurance, you’ll receive a lump-sum benefit if you are diagnosed with a covered condition (e.g., heart attack, cancer or stroke) to pay for treatments, prescriptions, travel, living expenses and more.

Hospital Indemnity Insurance

Hospital Indemnity Insurance: [CARRIER]

The average cost of a hospital stay is $10,000—and the average length of a stay is 4.8 days. Hospital indemnity insurance can help reduce costs by paying you or a covered dependent a benefit to help cover your deductible, coinsurance and other out-of-pocket costs.

Valuable Extras

We also offer the following additional benefits:

401(k) Retirement Plan

401(k) Retirement Plan: [CARRIER]

Plan for retirement by contributing to the ABC Company 401(k) Retirement Savings Plan on a pre-tax or after-tax basis. It offers a wide variety of investment funds so you can choose what best meets your needs.

Advantages of Contributing
The 401(k) Retirement Savings Plan helps you meet your financial goals with the following advantages:

  • Tax savings on pre-tax contributions
    • You may contribute 1% to 75% of your pay
    • 2018 IRS Maximum: $18,500
    • Catch-up contributions age 50 and over: $6,000
  • Discretionary company matching contributions
  • Choice of investment funds
  • Convenient payroll deductions

Roth 401(k) Account
In addition to the traditional 401(k) plan, you also have the opportunity to contribute to a Roth 401(k). Roth contributions are made on an after-tax basis.

Receiving Benefits
Because 401(k) plans are designed for retirement savings, there are rules that specify when you can receive funds from the plan.

Before age 59½, you may withdraw funds only if you:

  • Leave the company Become disabled
  • Experience a financial hardship

Any funds you receive before age 59½ may be subject to current taxes and possibly a financial penalty.

Making Changes
You may change the amount you are contributing to your 401(k) and your investment allocations at any time.

Paid Time Off

Paid Time Off

We recognize that to do your job well, you occasionally need time away from work to refresh and renew. That’s why we offer paid holidays each year and paid time off for eligible employees.

Pet Insurance

Pet Insurance: [CARRIER]

You want the best for your pet. While it’s hard to anticipate accidents and illnesses, [CARRIER] Pet insurance makes it a little easier to be prepared for them. As an employee of ABC Company, you’re eligible for a discount on Nationwide Pet insurance. Premiums vary based on the age of your pet, species, size (as an adult), plan type, deductible and state of residence. To learn more and enroll, visit www.petinsurancewebsite.com or call XXX-XXX-XXXX.

Legal Plan

Legal Plan: [CARRIER]

In need of legal assistance? You have the option of enrolling in the voluntary legal plan, which offers access to both in- and out-of-network attorneys who can assist you with a range of legal, family and real estate matters, including wills and trusts, matrimonial, real estate, debt collection and family matters. To enroll, go to [URL] or call XXX-XXX-XXXX. This benefit is paid for entirely by you.

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