Open Enrollment

Welcome to Benefits Open Enrollment. You have the opportunity to enroll from Oct. 28 through Nov. 15.

Your physical, mental, emotional, financial and social needs are important. We’re making changes to ensure the firm supports your health care needs while offsetting rising costs. And we’ll continue working to better serve your needs.

Please invest the time you need to learn about your options so you can choose what’s best for you and your family.

Benefits changes for 2025

New voluntary benefits to complement medical coverage

We’re providing you an opportunity to enroll in new voluntary benefits from MetLife. These accident, critical illness and hospital indemnity benefits are in addition to your existing medical coverage (whether through Edward Jones or another plan) and are designed to help pay for expenses that aren't covered by your medical plan. They pay a cash benefit for covered occurrences that you can use for things like deductibles, out-of-pocket costs and additional daily living expenses. Enroll in these benefits directly through MetLife starting Oct. 28.

Get help choosing

Let ALEX help you find the right plans

This online decision support tool can help you choose the benefits plans that may best meet your needs. ALEX will ask you a few questions to understand you and your family's unique needs. It will help you estimate your expenses for 2025 and give personalized recommendations, allowing you to make confident and informed benefit choices. ALEX will also model how your HSA, FSA or LPFSA might help you save and cover your out-of-pocket expenses.

Nearing age 65?

If you or a family member are nearing Medicare eligibility, you also may want to explore how Medicare works with your Edward Jones benefits by talking with a representative from SmartConnect at 833-460-4726. Representatives are available weekdays from 7:30 a.m. to 5 p.m. CT. SmartConnect also is offering a series of webinars at noon CT Oct. 7 through 11. Learn more and register here.

Changes in dental coverage

In 2025, coverage tiers for dental insurance will be consistent with our medical coverage tiers. You’ll choose from associate only, associate + child(ren), associate + spouse/domestic partner and associate + family. This will result in minor rate changes for some participants. The average associate increase for dental is 5.8%1.

Changes in vision coverage

We will also align vision coverage tiers with the medical and dental tiers. We’ve added coverage for blue light glasses, non-prescription sunglasses and computer vision care. Review the details on the Vision plan page. The average associate increase for vision is 27.1%1.

1 Increases in rates for dental and vision coverage are due, in part, to benefit enhancements. Rates for both plans are still lower than they were in 2020.

Increased HSA contribution limits

A health savings account provides tax savings and helps you save for medical expenses. The IRS has increased the limit for your Health Savings Account (HSA) contributions to $4,300 (associate only) and $8,550 (all other tiers). You can add $1,000 more if you’ll be 55 or older in 2025. The firm will continue its annual contribution of $500 (associate only) and $1,000 (all other tiers), divided into two contributions in February and August2. You will still be able to receive an advance on any funding you plan to contribute through payroll deduction to help pay for eligible expenses.

Principals and financial advisors are not eligible for firm contributions. State insurance regulations do not permit Hawaii residents to participate in HSAs.

Continued Well-being discount

You can earn medical plan premium discounts of up to $800 (associate only) or $1,600 (all other tiers) when you complete health and well-being activities3.

  • $300 for having your annual preventive care visit.
  • $100 for completing an online health check.
  • $400 for doing lifestyle activities (e.g., tracking your sleep, registering for virtual care or completing Virgin Pulse Journeys).

The deadline is approaching! Complete your well-being activities by Dec. 6 to earn the discount on your 2025 premiums.

Well-being discounts are available to all associates enrolled in an Edward Jones medical plan outside the state of Hawaii.

Name changes

On January 1, 2025, Virgin Pulse is changing its name to Personify Health, and SurgeryPlus is changing its name to Lantern. You may see both names during their transitions.

Enroll or make changes by Nov. 15

When you’re ready to enroll, go to the Online Enrollment System (must be on the Edward Jones network).

Enrollment mailer – Home Office Associates/Client Support Team Professionals

Enrollment mailer – Financial Advisors/General Partners

Premiums

We’ve worked hard this past year to keep costs down by renegotiating terms with key vendors. As a result, your medical premiums will be going up by 6.5%, well below the national average, and with no changes to your deductibles or out-of-pocket maximums.

We’ve made a number of changes to the dental and vision plans for 2025, including new pricing tiers and enhancements to vision benefits to better serve associate needs. Average premiums for both dental and vision plans remain below 2020 levels.

Premiums are generally deducted on a pre-tax basis. However, life insurance and accidental death and dismemberment (AD&D) premiums are deducted on an after-tax basis. Long-term disability premiums for principals, financial advisors, service partners and joint venture service partners after one year of service are also deducted on an after-tax basis.

View 2025 premiums for your role:

Medical plan refresher

Still wondering whether you’re choosing the right medical plan? Here’s a reminder of how the plans work and how they compare. For more information, visit the Medical and Prescription Drug page.

In-network preventive care

Plan pays
100%

Non-preventive medical and Rx

Deductible

You pay
100%

CoInsurance

Plan pays 80%

You pay 20%

Meet OOP maximum

Plan pays
100%

Watch: Your medical plan choices

Watch: How deductibles work

Watch: How coinsurance works

Silver:
Individual/Family
Gold:
Individual/Family
In-network deductible $4,000/$8,000 $2,000/$4,000
In-network out-of-pocket maximum $6,000/$12,000 $4,000/$8,000
Out -of-network deductible $6,000/$12,000 $4,000/$8,000
Out-of-network out-of-pocket maximum $8,000/$16,000 $7,000/$14,000
Preventive care (no deductible) Plan pays 100% Plan pays 100%
Other covered care and prescriptions (before deductible) You pay 100% You pay 100%
Other covered care and prescriptions (after deductible, before OOP max) Coinsurance:
Plan pays 80%/You pay 20%
Coinsurance:
Plan pays 80%/You pay 20%
Other covered care and prescriptions (after OOP max) Plan pays 100% Plan pays 100%

Additional decision support and ways to save

  • SurgeryPlus (Lantern) helps you save money with access to high quality surgeons at a lower cost to you and no coinsurance.
  • You can call an Anthem Health Guide to assist in finding quality care and imaging at the best available rates and access to a second opinion at no cost.
  • You can also contact SmartConnect if you need help with Medicare enrollment decisions.
  • Headspace, our Employee Assistance Program, is available to you and the members of your household, regardless of your participation in Edward Jones medical plans. You and each of your household members have access to work life resources in addition to up to eight free counseling visits per issue each year.
  • Save on hearing services. As a VSP member, you and your family have access to special pricing through TruHearing, which can save you up to 60% on hearing aids. Learn more

Ready to enroll?

  • Consider whether you want to enroll in one of the new voluntary benefits to complement your medical plan coverage.
  • Research the medical plan network. Make sure your doctors and hospitals are included in Anthem's network.
  • Visit ALEX for help choosing. This online decision support tool can help you choose the benefits plans that may best meet your needs.
  • Update your beneficiaries for life insurance and final wages when you enroll. To update your HSA beneficiaries, contact HealthEquity. To update your 401(k) beneficiaries, log in to your account on the Retirement Plan website.
  • Provide proof of eligibility if you add dependents during Open Enrollment. You’ll receive instructions from our third-party administrator, Aptia, via your Edward Jones email and at your mailing address after you enroll.
  • Review your final Confirmation Statement and notify the Open Enrollment Team no later than Nov. 29, 2024, if you need to make any corrections.
  • If you have questions, call the Open Enrollment Team at 855-898-5780 or OEBenefits@edwardjones.com. They’re available 7 a.m. to 5 p.m. CT starting Oct. 28.
  • When you’re ready to enroll, go to the Online Enrollment System (must be on the Edward Jones network).
  • Enroll in the new voluntary benefits directly through MetLife starting Oct. 28.

Questions?

Starting Oct. 28, contact the Open Enrollment Team at 855-898-5780 or OEBenefits@edwardjones.com weekdays from 7 a.m. to 5 p.m. CT.