Young Money With Tracey Bissett

EP211 Milli Moves: How to Maximize your Employee Benefits

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Sinopsis

Today I’m going to be sharing how to maximize your employee benefits package. You’ve heard me talk about the importance of reading through legal agreements before, and the same is true when it comes to this area. Read everything related to your benefits, make notes, ask questions, and ask for a guide. To help you understand the important parts to be looking at, I’m going to break down the benefits into two groups: money for you and money savings for you. Listen in as I explain what an Employee Stock Plan is, as well as why you should always take advantage of employee matching through RRSP or TFSAs. You will learn the importance of reassessing your benefits annually and after any major life event, why you must understand what comes with naming a beneficiary, and how to utilize your Employee Assistance Plans. “Reassess your benefits if you have a life change, typically a marriage, divorce, or new dependent like a baby.” - Tracey Bissett     This Week on Young Money: How to make the most of your employee benef