Revisiting benefits open season

November 5, 2007

Since I didn’t put one of my own posts in today’s Carnival of Taxes: Return to Tax Standard Time, consider this my contribution to edition #24.

Gerri Willis, personal finance columnist for CNNMoney.com, today talks about four ways to wisely navigate your company’s benefit enrollment season.

They are:

  1. Take advantage of flexible spending.
  2. Know your options.
  3. Review your insurance.
  4. Coordinate your coverage.

To read what Willis says about each, click here.

Me, too! I also would like to recommend my post of Oct. 24, Making the most of open season. In it I talk about flexible spending accounts (FSAs), too.

Benefits_package
But there’s also a look at some less common employer-provided benefits, such as educational assistance, help paying for commuting and added money to cover the costs of adopting a child.

And, as I noted in my earlier blog item, the beauty of these benefits is that in addition to getting you services you need at a more reasonable cost, they can also save you some tax dollars.

Share:

The More Tax Posts tab at the top of this page will take you to, well, more tax posts. You also can search below for a tax topic. 

Latest Posts
Don’t miss these June 15 tax filing and paying deadlines

June 14, 2026

June 15 is Tax Day for millions of U.S. taxpayers. Those living and working abroad…

Read More
Tax Season 2026 Continues!

We made it. Tax Day 2025 is finally over. For most of us. When the filing season started on Jan. 26, millions who were expecting refunds filed immediately. Most of us got our returns to the Internal Revenue Service by April 15. But plenty of taxpayers also got extensions. They are looking at an Oct. 15 filing deadline.

Those procrastinating filers aren’t a problem. In fact, the IRS appreciates taxpayers who take time to fill out their 1040 forms correctly. It also is grateful that tax submissions are spread out a bit, especially now that the IRS is a leaner agency. Processing returns is easier when they arrive throughout the year instead of in massive bunches.

But enough about Uncle Sam’s tax collection issues. The focus now is on all y’all who filed for extensions, giving you another six months to complete your return. Since your new mid-October due date will be here before you know it, let’s get started now on meeting it.

The ol’ blog is here to help you finish up your extended Form 1040. You can start with January’s tax tips page, which has links to the rest of the year’s tips by-month collections. You also can peruse various tax categories for more tailored advice by clicking on the More Tax Posts drop-down menu at the top of this (and every) page.

And to make sure you don’t miss your new filing deadline, the count-down clock below will let you know just how much time you to file by Oct. 15. At the latest.e. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

Comments