April News Bites

  • Want to pass savings along to future generations? If so, our April retirement webinar is for you. Preserving Your Savings for Future Generations—to be held Wednesday, April 27, 2016, at 11 a.m. Central time—will teach you how to create an estate plan and preserve assets for those most important to you. Specifically, you’ll learn the key components of an estate plan, the importance of beneficiary designations and gifting and insurance replacement strategies. Registration is limited to 300 people, so register now. (Log in to the Fidelity website to register.) Also, be sure to check out the webinars coming up for May and June!
  • Enrolled in the HRA option for 2016? Any remaining funds from your 2015 Health Reimbursement Account (HRA) were transferred to your 2016 account on April 8. Your previous administrator (Aetna or Humana) held your balance to pay any lingering claims, and then rolled any remaining funds over to UnitedHealthcare.
  • If you participated in a 2015 Health Care Flexible Spending Account (FSA) and carried over any funds (up to $500) for 2016, those funds will be available to you this month after all the 2015 claims have been processed. Check your balance at EmployeeConnect > Your Benefits Resources. Keep in mind that your carryover funds can only be used for dental and vision expenses until you meet the medical deductible.
  • Summary Plan Descriptions (SPDs) for Rockwell Automation benefits have been updated for 2016. Find them on EmployeeConnect. SPDs contain all the details you need about your options, such as what is covered under the plans, how to submit claims and how appeals are handled.
  • The 2015 Annual Funding Notice for the Rockwell Automation Pension Plan is now available. For those hired before July 1, 2010: This Defined Benefit Pension Plan Annual Funding Notice is required by the U.S. Department of Labor as part of the Pension Protection Act of 2006. You don’t need to do anything. A copy is also available at EmployeeConnect on the Your Benefits tab. Click on Your Benefits Resources > Knowledge Center > Plan Information page under Legal Information. For more information about the Rockwell Automation Pension Plan, contact the Rockwell Automation Service Center through EmployeeConnect or call 877.OUR.RASC (1.877.687.7272).