It’s the “final countdown” to make changes to your benefits during the Nucor open enrollment period. Here’s a few financial planning items to consider. If you want/need to increase your life insurance up to 5x or add Long Term Disability coverage, this is the year to do it as there is no requirement to prove your insurability. Meanwhile, this is a GREAT time to consider rebalancing the assets in your 401k accounts and increasing your contributions if you haven’t done so recently. Finally, don’t forget to utilize the Roth 401k option if it is most appropriate for you! It’s simple to make those changes to your 401k contributions on the Fidelity Net Benefits App or online.
CalmWater Financial Network®, 3204 W Benjamin Ave, Suite 200, Norfolk, NE 68701 ~ (402) 371-5511
Securities and advisory services offered through Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services are separate from and not offered through Commonwealth.