Tim Baker, CFP, RICP, RLP joins Tim Ulbrich, PharmD to discuss open enrollment & evaluating employer benefits.

Summary

This week on the podcast, Tim Ulbrich, PharmD sits down with YFP co-owner and Director of Financial Planning, Tim Baker, CFP, RICP, RLP to discuss open enrollment and the process of evaluating employer benefits. They discuss considerations for choosing a health insurance plan, how to determine whether or not your employer-provided life and disability insurance is sufficient, the differences between an FSA, Dependent Care FSA, and HSA, and what to be looking for when putting money into your employer-sponsored retirement plan.

Mentioned on the Show

• YFP Planning: Financial Planning for Pharmacists
• Book a free Discovery Call with YFP Planning
• YFP 044: How to Determine Your Life Insurance Needs
• YFP 045: How to Determine Your Disability Insurance Needs
• Your Financial Pharmacist
• YFP 165: The Power of a Health Savings Account
• Why I’m Not Using My Health Savings Account to Pay for Medical Expenses
• Ask a YFP CFP© #84: What can I do about the fees on my HSA account?
• YFP 074: Evaluating Your 401k Plan
• YFP 208: Why Minimizing Fees On Your Investments Is So Important
• Your Financial Pharmacist Disclaimer and Disclosures