Financial Wellness & Protection: Save More, Plan Ahead, Feel Secure

Your financial wellness matters—and DLC offers tools to help you save, plan, and feel confident about your future.

Health Savings Account (HSA)

If you're enrolled in a qualified high-deductible health plan, you may be eligible to open an HSA—a powerful way to save money tax-free for healthcare expenses.

• Contributions are tax-free, and funds can be used tax-free for qualified medical, dental, and vision expenses.
• Your HSA belongs to you and goes with you, even if you change jobs.
• Funds can even be invested, helping you grow your savings over time.

401(k) Retirement Plan (Fidelity)

Build your future with the DLC 401(k) plan through Fidelity, designed to help you reach your long-term retirement goals.

• Contribute through convenient payroll deductions, including pre-tax and/or Roth options.
• Eligible employees may receive matching and/or profit-sharing contributions based on plan terms.
• Access tools, resources, and guidance to help you manage and grow your retirement savings.

Whether you're planning for upcoming healthcare expenses or building your retirement savings, these programs are here to help you stay on track and feel financially secure.

Looking for a simple way to save money on healthcare and dependent care expenses? A Flexible Spending Account (FSA) lets you use pre-tax dollars to pay for eligible costs—helping you keep more of your paycheck.

Health Care FSA

Cover out-of-pocket medical, dental, and vision expenses like copays, deductibles, and coinsurance for you and your eligible dependents.

• Contribute up to $3,400 per year.

Dependent Care FSA

Pay for care expenses while you work, including:

• Daycare, babysitters, and nannies.
• Before/after school care and day camps.
• Care for eligible dependent adults.
• Contribute up to $5,000 per year.

Why Use an FSA?

• Contributions are tax-free, helping you save an estimated 25%–40% depending on your tax bracket.
• Your full annual pledge is available upfront for health care expenses.

Important to Know

• Plan year: July 1, 2026 – June 30, 2027.
• You have a 2.5-month extension to use remaining funds.
• Any unused funds after September 15, 2027 are forfeited.

FSAs are a great way to plan ahead, save on taxes, and make everyday expenses more affordable.

Planning for the future means protecting the people who matter most. DLC offers life and AD&D coverage to provide financial security and peace of mind for you and your loved ones.

Basic Life & AD&D (Company-Paid)

DLC provides eligible employees with $25,000 in Life and Accidental Death & Dismemberment (AD&D) coverage at no cost to you.

Optional Additional Coverage

You can choose to enhance your protection with voluntary life insurance for yourself and your family:

• Coverage available for you, your spouse, and your children.
• Employee coverage options up to $500,000 or 5x annual earnings, whichever is less.
• Spouse and child coverage options also available within plan limits.

Good to Know

• You can increase coverage during open enrollment within certain limits.
• Benefits may be converted to an individual policy if you leave DLC within 31 days.
• Be sure to keep your beneficiary information up to date.

Whether you’re starting out or planning ahead, these options help ensure your loved ones are supported when it matters most.

Did you know you can increase your take-home pay just by how you pay for your benefits? DLC offers a Section 125 cafeteria plan, allowing you to pay for certain benefits with pre-tax dollars—which reduces your taxable income and helps your paycheck go further.

Why It Matters

• Lower taxable income = more take-home pay.
• You save on federal taxes and FICA taxes.
• It’s essentially like getting a little “boost” in your paycheck.

When Can You Make Changes?

Pre-tax benefit elections can typically only be changed during Open Enrollment—but there’s an important exception.

Qualifying Life Events (QLEs)

Certain life events, like changes in family or coverage eligibility, may allow you to update your benefits outside of Open Enrollment.

• Changes must be requested within 30 days of the event.
• You’ll need to provide supporting documentation.
• Contact HR promptly to ensure your coverage stays accurate.

Understanding your pre-tax benefits can help you maximize your savings and stay in control of your coverage all year long.