New Child: Welcoming a New Addition

Ensure the best fit for your growing family:

• Extend Coverage — Add your child to health, dental, and vision plans, plus optional accident, critical illness, or hospital indemnity coverage
• Find Pediatric Care — Quantum Health Care Coordinators can help you find in-network providers, discuss a diagnosis or treatment plan, answer medical or billing questions, and more
• Take Time to Bond — Connect with Human Resources to determine which leave types apply to you

Whether boosting your Health Savings Account (HSA) contributions or rethinking your 401(k) goals, here's how to set your family up for a strong future:

• Maximize Accounts — Increase your HSA or Flexible Spending Account (FSA) contributions within IRS limits
• Use a Dependent Care FSA — Set aside pre-tax dollars for childcare
• Update Life Insurance — Ensure you, your spouse, and your child have the right coverage. Planning ahead helps provide financial security for the future
• Plan for Major Milestones — Save for emergencies, childcare expenses, and 529 college savings plans
• Navigate Finances — Contact Lincoln WellnessPATH to learn about financial support for your growing family, including saving for college, child tax deductions and credits for dependents, and more

As life changes, so should your key documents. Remember to:

• Update Beneficiaries — Adjust life insurance, retirement, and other policies
• Refresh Emergency Contacts — Ensure HR, insurers, and others have the correct details

Welcoming a new child reshapes daily life. The Employee Assistance Program (EAP) through ComPsych offers resources to help:

• Childcare Assistance — Finds local licensed providers and backup care options
• Family Planning Support — Access guidance on home healthcare, special needs programs, adoption services, schools, and more. Additionally, access resources for first-time parents, strategies for navigating blended families, tools to strengthen family bonds, and more
• Counseling Services — Get five free sessions for parenting, relationship, or stress management support, and more
• Legal Services — Schedule a free consultation for updating wills, power of attorney, and estate plans
• Expert Referrals — Get help you find local vetted businesses for childcare, including daycare, and emergency childcare, schools, and more