Your first paycheck in January is a good time to check deductions for benefits coverage you elected during annual enrollment in November. Even if you didn’t change your benefits during annual enrollment, paycheck deductions for benefits might have changed. Review your first January pay stub online through mybmcrewards.com, click on ADP - View Paycheck. Contributions per pay period for medical, dental, and vision coverage are available here.
Here are some specific items you may want to look for as you review your pay stub:
Benefit Coverage
Your 2020 benefit deductions may be higher or lower than last year, depending on what you elected during annual enrollment, who you covered, and whether you qualified for the medical premium discount. To verify your 2020 deductions, compare your first 2020 pay stub against the confirmation statement you printed during annual enrollment. Your pay stub will show your deductions for medical, dental, vision, flexible spending accounts, Health Savings Account, and any other coverage you elected for 2020. Remember, you can change your HSA contributions at anytime during the year. If you change your HSA contributions, the change goes into effect on the first of the month following the change date.
If you didn't print a confirmation statement after you enrolled, check your 2020 benefits coverage any time by visiting mybmcrewards.com. Click on the Your Health and Insurance Coverage tile. Please report any concerns with deductions to Your Benefits Resources at 1-877-262-4849. Representatives are available on weekdays from 8 a.m. to 9 p.m. EST.
FSA Carry Over Reminder
BMC 401(k) Plan
The regular before-tax or Roth 401(k) contributions you were making to the BMC 401(k) Plan in 2019 will continue for 2020 unless you requested a change. You can make or change contribution elections at any time throughout the calendar year, and the changes will go into effect within one to two pay cycles.
If you have any questions or want to make changes to your BMC 401(k) Plan contribution elections, log on to the Fidelity NetBenefits website or call Fidelity NetBenefits® at 1-866-546-4424.
MyBMC Rewards provides a snapshot of your pay, retirement benefits, health and insurance benefits and corporate programs. Visit MyBMC Rewards to:
Go online anytime or call 877-262-4849. Representatives are available from Monday through Friday, 8 a.m. to 9 p.m., Eastern time.
From enrollment reminders to important 401(k) information and benefits updates, you can be the first to know when your attention or action is required.
The content on this site includes links to tools and information that are not the property of BMC Software, and BMC Software is not responsible for their accuracy, completeness or continued availability. Some of the material contained in this site is based on official plan documents. It is not, nor is it intended to be, the legal plan document or a contract between the company and any employee or contractor. Every effort has been made to ensure the accuracy of this material. In the unlikely event that there is a discrepancy between the site and the official plan documents, the official plan documents will control. BMC Software reserves the right to amend or terminate the plan(s) or program(s) at any time. If you believe the benefits do not describe those available to you, contact the Benefits Center at 877-BMC-4849.
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