ake advantage of this important benefit. In most cases, just about any cost not covered by your medical insurance can be submitted for reimbursement from your FSA. Don’t forget about eyeglasses, contact lenses, dentist visits and co-pays when you add up your annual medical costs.

401(k). It’s never too soon to begin thinking about saving for your retirement.

As another year draws to a close, remember to see your payroll administrator if you’ve had any of these major life changes this year:

Change of address. Be sure the payroll department has your new address so your W-2 will arrive promptly after it is processed in January. This also insures that all of your benefits providers, such as your health insurance company, can continue to provide you with up to date enrollment information and identification cards.

Change of marital status. Did you marry, divorce, or lose your spouse this year? If so, you should review your federal and state withholding exemptions to make sure the proper tax is being withheld from your paycheck. See your employer for a new W-4 form if you need to make changes to these exemptions.

Birth or adoption of a child. If your family size increased this year, you should also review your withholding exemptions. Increasing the number of exemptions you claim on your W-4 will decrease your taxes each payday and therefore put more money in your pocket. Rather than wait until April 15th of the next year to get a refund, why not get a few extra dollars in each paycheck? With a new baby, I’m sure this cash would come in handy now instead of later.

Does your employer offer a Flexible Spending Account or a 401(k) and have you considered participating in these plans?

Flexible Spending Account. If you have any out of pocket medical expenses each year, be sure to take advantage of this important benefit. In most cases, just about any cost not covered by your medical insurance can be submitted for reimbursement from your FSA. Don’t forget about eyeglasses, contact lenses, dentist visits and co-pays when you add up your annual medical costs.

401(k). It’s never too soon to begin thinking about saving for your retirement.

any, can continue to provide you with up to date enrollment information and identification cards.

Change of marital status. Did you marry, divorce, or lose your spouse this year? If so, you should review your federal and state withholding exemptions to make sure the proper tax is being withheld from your paycheck. See your employer for a new W-4 form if you need to make changes to these exemptions.

Birth or adoption of a child. If your family size increased this year, you should also review your withholding exemptions. Increasing the number of exemptions you claim on your W-4 will decrease your taxes each payday and therefore put more money in your pocket. Rather than wait until April 15th of the next year to get a refund, why not get a few extra dollars in each paycheck? With a new baby, I’m sure this cash would come in handy now instead of later.

Does your employer offer a Flexible Spending Account or a 401(k) and have you considered participating in these plans?

Flexible Spending Account. If you have any out of pocket medical expenses each year, be sure to take advantage of this important benefit. In most cases, just about any cost not covered by your medical insurance can be submitted for reimbursement from your FSA. Don’t forget about eyeglasses, contact lenses, dentist visits and co-pays when you add up your annual medical costs.

401(k). It’s never too soon to begin thinking about saving for your retirement.

need to make changes to these exemptions.

Birth or adoption of a child. If your family size increased this year, you should also review your withholding exemptions. Increasing the number of exemptions you claim on your W-4 will decrease your taxes each payday and therefore put more money in your pocket. Rather than wait until April 15th of the next year to get a refund, why not get a few extra dollars in each paycheck? With a new baby, I’m sure this cash would come in handy now instead of later.

Does your employer offer a Flexible Spending Account or a 401(k) and have you considered participating in these plans?

Flexible Spending Account. If you have any out of pocket medical expenses each year, be sure to take advantage of this important benefit. In most cases, just about any cost not covered by your medical insurance can be submitted for reimbursement from your FSA. Don’t forget about eyeglasses, contact lenses, dentist visits and co-pays when you add up your annual medical costs.

401(k). It’s never too soon to begin thinking about saving for your retirement.

t a refund, why not get a few extra dollars in each paycheck? With a new baby, I’m sure this cash would come in handy now instead of later.

Does your employer offer a Flexible Spending Account or a 401(k) and have you considered participating in these plans?

Flexible Spending Account. If you have any out of pocket medical expenses each year, be sure to take advantage of this important benefit. In most cases, just about any cost not covered by your medical insurance can be submitted for reimbursement from your FSA. Don’t forget about eyeglasses, contact lenses, dentist visits and co-pays when you add up your annual medical costs.

401(k). It’s never too soon to begin thinking about saving for your retirement.

ake advantage of this important benefit. In most cases, just about any cost not covered by your medical insurance can be submitted for reimbursement from your FSA. Don’t forget about eyeglasses, contact lenses, dentist visits and co-pays when you add up your annual medical costs.

401(k). It’s never too soon to begin thinking about saving for your retirement. If you’re in your twenties, now is the ideal time to begin saving because you have many years to grow your money. If you’re over thirty, what are you waiting for? And, if your employer offers a match to your contribution, you’re giving up free money if you don’t participate in this benefit. Be sure to ask your employer about signing up for these tax-saving plans.

Make a New Year’s Resolution to review and update your employee information every year, and find out about any new benefits you are eligible to participate in.

Copyright © 2006 Kathy Swann