These amounts are paid as wages and are therefore subject to all applicable taxes. You may enroll at any time within 30 days of your date of hire. The health incentive becomes effective on your date of hire, the dental incentive on the first of the month following your date of hire. Your re-enrollment will be effective the date of the status change, and your cash payment would then be prorated. You may also enroll or re-enroll in a health care or dental plan during the annual Open Enrollment period, even if there is no change in your family status.
More detailed information is contained in the Summary Plan Description.