Tim Baker, YFP Co-founder and YFP Planning Director of Financial Planning, joins Tim Ulbrich to talk about open enrollment and evaluating employer benefits. Tim and Tim dig into:

• Considerations for choosing a health insurance plan
• How to determine whether or not your employer-provided life and disability insurance is sufficient (one of the most common questions we get)
• Understanding the differences between an FSA, Dependent Care FSA, and HSA
• 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
• GoodRx: Get the Exclusive Report on the Current State of the Pharmacy Profession
• 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