Wealth accumulation. Healthy living. Financial protection against large medical bills. Financial security for your family. Significant tax advantages. These are just a few of the valuable features of your employee benefits at BMC Software—a significant part of your total compensation.
Our programs provide support for you and your family in three main categories:
Promote healthy lifestyles for employees and their families, ensure quality of care and offer excellent preventive benefits—all at a competitive cost. Programs include medical, dental and vision plans, flexible spending accounts, and wellness and health incentives.
Enable and encourage employees’ involvement in managing and securing their financial future. Programs include the 401(k) plan, life insurance, and accidental death and dismemberment insurance.
Help employees manage their work and home life. Benefits include group prepaid legal, auto/homeowner’s insurance, identity theft protection, backup child and elder care, pet health insurance and more.
We continually look for ways to offer a comprehensive benefits package that represents contemporary thinking in benefit plan design and at the same time provides an important combination of financial protection and security to address both your short-term needs and your long-range goals.
BMC “benefits that fit” lets you build an individual program featuring protection and security that best meets your individual and family needs.
Your benefits represent a partnership between you and BMC. The company offers a sound, comprehensive benefits program for you and your family and equips you with tools and resources so you can make appropriate decisions for your personal situation.
You are responsible for understanding the benefits you choose and the rules of each plan — the similarities and differences among your choices — and making the best decisions to provide you and your family with the most appropriate coverage at the most reasonable cost.
You have the chance to build a personalized benefits package each year. “Benefits that fit” offers you:
Three types of medical plans, various coverage levels for life insurance and other personal protection plans.
The Health Savings Account allows you to pay for health care expenses with tax-free money and roll over unused money in your account from year to year, helping you grow an untaxed resource for future medical expenses. The Flexible Spending Accounts allow you to pay for health care and dependent care expenses with tax–free money. The BMC 401(k) Plan gives you the ability to grow your wealth while sheltering your savings and investment earnings from current taxes. Or, you may choose—through the Roth option—to pay taxes on the contributions now and shelter future earnings from taxes.
Because your benefit needs change from year to year, you can choose different benefits coverage during annual enrollment, or even during the year if your family situation changes. You can adjust your Health Savings Account contributions and your 401(k) savings rate any time during the year.
For health care and other benefits, log on any time to the MyBMC Rewards website (select Your Benefits Resources) to find detailed information about benefit choices and coverages. For the BMC 401(k) Plan, Flexible Spending Accounts, and Health Savings Account, log on to Fidelity NetBenefits to manage your accounts.