Should you choose a plan that’s not HSA compatible, you may still be able to contribute to a Flexible Spending Account (FSA). However, if you want to know that a few trips to a specialist will simply cost your co-pay, and not a few thousand dollars, the PPO plan will have minimal impact on your cash flow. If you rarely go to the doctor aside from an annual physical, and don’t take prescription drugs, an HSA-compatible plan may make sense - and allow you to stash away savings tax-free for medical costs later in life. How often you anticipate using your insurance Which healthcare plan you choose depends on a variety of factors: HEALTH, Dental, and Visionįor a full glossary of terms that you may find in your benefits plan documents, check out our page on health insurance coverage here. Please note that benefits are subject to change at any time.

We’ve put together this guide to help as you make these choices - feel free to share it with your colleagues and friends who may find it helpful. Making educated choices this open enrollment can save you money and help you navigate whatever challenges lie ahead next year (let’s hope that 2021 is a little less unprecedented than 2020 though). Here we’ll provide you with some key highlights on your benefits and planning tips to consider this year. We’re especially big fans of the after-tax 401(k) offered at Airbnb which can enable employees to contribute over the typical $19,500 annual limit to this unique retirement account. Airbnb provides a robust benefits plan for its full-time employees. Here’s some insights we’ve gleaned from their employer-sponsored benefits.

Brooklyn FI started working with some Airbnb affiliated clients in late 2020 in anticipation of their IPO.

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