Take Advantage of Your Employer's Open Enrollment Period

For many employers, fall is the typical open enrollment period. It usually last a few weeks to a month and it's when you get to decide which benefits you want to enroll in or opt out of as well as how much coverage you want to pay for. This is an important time of year if you rely on your employer's benefits because once you make an election it's typically set in stone for the entire year until the next open enrollment period. If you were to make a poor choice or forget to enroll in a benefit altogether you could find yourself in quite a financial bind later in the year. Here's what to look for and how to make the most of this year's open enrollment period.