Wedding Bells are Ringing: Items Newlyweds Should Think About
Congratulations on your marriage. It’s an exciting time for you and your loved one and lots for you to consider with your benefits here at News Corp.
Healthcare: You may want to consider covering your new spouse on your healthcare plan or switching to theirs. You only have 31 days from the date of your marriage to enroll your new spouse outside of annual enrollment (which usually happens in November for the following January 1). To enroll your spouse, log onto www.link2mybenefits.com or call 1-800-220-1716.
Included Health & One Medical: If your spouse has a need for sourcing high quality doctors both of our healthcare navigation resources allow for the enrollment of spouses as well.
Medical Flexible Spending Account: You may have made your elections into our Medical FSA based on your predicted healthcare needs for the year. But consider whether that changes now with someone else on your coverage. Also if you are in our High Deductible Health Plan and contributing to the Health Savings Account – you may not use your Health Savings Account dollars for your spouse if he or she had their own FSA in the same year. It’s complicated – we know.
Life Insurance: Now may be the time you consider enrolling in or increasing your life insurance. You may have to provide some additional information about your current state of health (called evidence of insurability), but you can elect to change your life insurance at any time by logging onto www.link2mybenefits.com or by calling 1-800-220-1716. Also, be sure to update your beneficiary information.
Spousal Life Insurance: We’re also pleased to offer the opportunity for your spouse to obtain life insurance through our benefit platform. Log onto www.link2mybenefits.com or call 1-800-220-1716 to start the process within 31 days from the date of your marriage.
Retirement Savings: You may also want to evaluate how much you are contributing to your 401(k). Log onto www.401k.com to manage your retirement savings plan. You also should review your beneficiary designation and make any updates necessary.
Other opportunities! Well you will now need to start thinking about anniversary gifts and honeymoon vacation plans – both of which can be benefited from our employee discount site. And while neither we nor your parents are trying to rush anything – just know there are a ton of family related benefits at News Corp too. We’re just saying. In the mean time – you can also access Pet Insurance.