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Open Enrollment for 2022

November 7th, 2021 at 12:02 am

We’re in the open enrollment period for benefits at work. I was happy to see that my share of the health insurance premiums will not increase in 2022. Both the 401k maximum contribution and the HSA maximum contribution will increase by $1000 so that’ll be about $170/month in additional deductions. I get paid twice each month so it won’t be too noticeable.

DS1 is no longer on my insurance since he turned 26 in 2021. It was a little sad seeing “coverage terminated” by his name but of course it’s a good thing – he’s completely on his own. DS2 is on his own as well but still on the insurance to save money. It doesn’t cost me any more to keep him on and his employer would require that he pay a premium for their insurance. He’ll be able to do that for a couple more years.

In other financial news, DS4 & DS5 turned 18 recently so I no longer pay allowance – to anyone. Woohoo! That’s like a raise. With my progressive rate allowance system, they were each costing me $34/week.

 

2 Responses to “Open Enrollment for 2022”

  1. Wink Says:
    1636293336

    That's great you won't be paying more for your portion of health insurance premium! Mine is going up by about $25 a month. And another beautiful picture!

  2. LivingAlmostLarge Says:
    1636393963

    Wowsa! The kids are getting big so fast.

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