Life events such as your spouse getting a new job allow you to make changes to your benefits plan. Depending on the life event, you may need drop or add coverage because there is a change in your spouse’s coverage.
A qualifying status change allows you to add or remove a dependent from your existing benefit coverage (as applicable). Any changes made to coverage must be consistent with the Qualified Status Change under IRS Section 125.
IMPORTANT: Changes to your benefit elections due to a life-changing event must be made within
31 days of the event.
How to Make Changes to Your Benefits Plan
Complete the Life Event Declaration in Dayforce. After you log in to Dayforce, look for the form under Benefits > Forms
Once
the form has been submitted, an election window will open for you to
make your benefit changes. This will be viewable under Benefits >
Overview (click refresh if it is not displaying). Note: the election window will not open until the effective date.
Your elections will not be processed until you click "Submit Enrollment".
After you submit your elections, review and print your confirmation statement.
Farm
Credit Foundations will review all submitted changes within three
business days. If an error is identified, you will be notified in the
message center within Dayforce.
Review your pay advice to confirm you benefit deductions are reflecting accurately.
Other Updates/Changes to Consider with a Change in Spouse’s Coverage
