GETTING MARRIED

First of all, CONGRATULATIONS! At Deseret Mutual, we’re pleased to be able to provide benefits for you and your new spouse. In fact, not only can you add your spouse to your health and life insurance, but your employer continues to pay the majority of the monthly premium. In today’s market and economy, that’s a great benefit!

We understand that marriage can be both exciting and overwhelming, especially with the many decisions you need to make. This brochure will help guide you through some of those important decisions.

THINGS TO CONSIDER

• If your spouse has health insurance through an employer, you can enroll your spouse now or in the future (Open Enrollment or within 60 days of losing other insurance.)

• If your spouse has health problems, consider signing up for the $3,000 of guaranteed Supplemental Group Term Life (SGTL) insurance. To qualify, you need to enroll your spouse within 60 days of marriage. This benefit is available for eligible stepchildren, as well.

Checklist

Add your spouse to your health and life insurance within 60 days of your marriage

Provide us a photocopy of your marriage certificate

Notify your employer if you are changing your name, if applicable

Send us evidence of insurance from your spouse’s insurance carrier, if applicable

Complete an authorization form notifying us who, if anyone, is authorized to discuss your medical information. We will automatically mail this authorization to you.

Update your beneficiary designations


Contact our savings department to update your savings plan beneficiary information

Update your will or trust, if you have one


Update the number of exemptions on your IRS W-4 form, available through your employer. The “W-4 Assistant” in the Savings area of our Web site may be helpful.

Adjust your Flexible Spending Account (FSA) election within 60 days of marriage

Add your spouse to your MetLife group home or auto insurance, if applicable

Combine your auto insurance if it will save you money. It usually does!

• If you are considering long-term care for your new spouse, contact MetLife at 1-800-438-6388 to request more information or for an enrollment kit.

• If your name changes as a result of your marriage, remember to update your:

• Driver’s license

• Social Security card

• Credit cards

• Bank accounts

• Insurance policies

• Voter registration card (may be included in your new driver’s license application)

• Passport

FREQUENTLY ASKED QUESTION

Q. Will the health insurance cover my spouse’s pre-existing conditions?

A. Yes, as long as your spouse was previously covered under another medical plan for at least six months and the insurance terminated no more than 63 days before you were married. If this is not the case, your spouse may be subject to a six-month waiting period for pre-existing conditions.

Q. Can I enroll my spouse’s children in my Deseret Mutual health and life insurance?

A. Yes, as long as your spouse has legal custody of the children. To enroll your stepchildren, you will need to provide us a court-certified copy of the divorce decree or other order awarding your spouse custody of the children. Use our Manage Your Enrollment feature.

Q. Why does Deseret Mutual need a court-certified copy of my divorce decree?

A. Having a copy of the decree allows us to determine which insurance is primary and which is secondary on the children. We will need a complete copy of the decree that is certified to ensure this is the court's final determination.

Q. What if my spouse works for an employer that also offers Deseret Mutual insurance. Can we cover each other and “double up” on insurance?

A. Yes. For example, you enroll in NetworkCare and cover your spouse as a dependent. Your spouse enrolls in BasicCare and covers you as a dependent. Between the two insurance plans, most of your medical expenses should be covered. The only restriction is that both of you cannot sign up for BasicCare.

Q. What if I forget to enroll my spouse in my insurance before the 60-day deadline?

A. You’ll have to wait until Open Enrollment to sign your spouse up for the insurance. Therefore, the insurance coverage will not begin until January 1 of that following year and there may also be a six-month waiting period for pre-existing conditions.

Q. Can my spouse roll his/her 401(k) into my Thrift Plan account?

A. No. The IRS does not allow us to “co-mingle” tax-sheltered funds between two or more taxpayers. That means even spouses aren’t allowed to contribute to the same retirement or tax-sheltered retirement account, including a 401(k).

This information is provided as a service to help you make informed decisions. Nothing in this information should be considered legal, financial, investment, or medical advise. For a complete description of the plans. please refer to your Benefits Handbook. As with any major life event, you should consult with qualified prefessionals of your choice who can provide you with appropriate counsel and advise.

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