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In this issue:
There’s still time to select your 2023 health benefits!
HealthFlex Annual Election continues until Thursday, November 17 at 11:59 p.m., Central time, so you still have time to make or modify your elections at benefitsaccess.org. Please follow these three easy steps:
- Learn more about your health plan options by visiting the new HealthFlex Annual Election webpage.
- View personalized recommendations for health plans and health account contributions by logging into Benefits Access and clicking the banner link.
- Make your elections by November 17 at 11:59 p.m., Central time in Benefits Access.
Gift your future self
With the holidays fast approaching – and gift-giving on the agenda – why not give your future self and family the gift of additional retirement savings? As Frank Holsteen, Managing Director of Investment Management, discusses in this video, right now might the right time for you to begin, maintain or even increase your UMPIP contributions. Take a few minutes to:
- Visit BenefitsAccess.org to review your UMPIP contribution amounts.
- Make sure you are contributing at least the minimum amount to earn your employer match (if available).
- Change your contribution rate for 2022 by filling out this form and sending it to your plan sponsor or directly to Wespath. If you send the form directly to Wespath, please inform your plan sponsor about your changes so they can update their records.
Special Wellness Credit opportunity
HealthFlex primary participants who increase their contribution to UMPIP by at least 1% by December 31, 2022, will receive 25 Wellness Credits, which is 10 more than usual. When you earn 150 Wellness Credits, you receive $150 Pulse Cash.* Pulse Cash can be deposited into your bank account, converted to gift cards to major retailers, used to buy fitness gear or donated to charities. After you increase your contribution, log into the Virgin Pulse app, select the "Rewards" section ("My Rewards" on the Virgin Pulse website), scroll down to "Increase Contribution to UMPIP by 1%" and confirm you took action.
* Wellness Programs are voluntary. The IRS considers cash wellness incentives as taxable income. Contact your tax adviser for more information.
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