What you need to know
BAE Systems offers a range of benefit options designed to address the diverse needs of you and your family throughout your career with us. As your life changes, your benefits can change with you to meet your evolving needs.
Need to make corrections to your 2025 benefits?
Be sure you reviewed your enrollment confirmation statement and keep a copy for your records. If you need to make changes, you have until the end of this year to make corrections to your medical plan and other benefit elections for 2025. You can make corrections by:
- Calling the Benefit Center at 1 888 900 4223 by December 31, 2024 (the last business day of the year), or
- Visiting BenefitsNavigator no later than December 31, 2024 and clicking on the enrollment tile on the site.
Keep in mind that you can’t make changes to your benefits during 2025 unless you experience a qualified life event, such as getting married or welcoming a child to your family.
Learn more about your 2025 benefits with this Employee Briefing.
Benefit updates for 2025
Expanded coverage for disabled dependents
We are pleased to be expanding our offerings for employees who have disabled dependents. Going forward, if you have a dependent who was deemed totally and permanently disabled prior to age 26, you are able to add them to your benefit coverage during Annual Enrollment or during the year if you experience a qualified event. This applies to all employees who are eligible for our benefits. For more information, contact the Benefit Center 1 888 900 4223.
Virtual physical therapy through Hinge Health
If you enrolled in a national Cigna medical plan for 2025, you and your covered dependents age 18 and older can access free virtual physical therapy through Hinge Health.
Back, joint, and muscle care
With the Hinge Health app, you can get treatment at no cost to you, whenever you need it. Once you complete your application, you’ll have access to an exercise-based physical therapy program with dedicated one-on-one support to keep you moving!
Hinge Health can help with:
- Reducing pain or improving mobility
- Recovering from an injury
- Preparing for and recovering from surgery
- Staying healthy and pain free
Pelvic health support
The Hinge Health Pelvic Health Program offers support for these unique musculoskeletal needs through virtual physical therapy. The program addresses all stages of life, including pregnancy, postpartum, and menopause.
Once you join Hinge Health, you’ll work with a specialized care team, including a physical therapist, a women’s health coach, and, if needed, a urogynecologist to meet your goals. They’ll develop a personalized exercise plan for you, making any necessary changes over the course of your treatment.
These benefits launch on January 1, 2025, but you can join the wait list today by visiting Hinge Health.
Virtual ID Cards in 2025
If you enrolled in a Cigna medical plan, ID cards will not be issued in 2025. You can always access a virtual ID card at myCigna by clicking ID cards in the top right corner. You can download your ID card and save it in your Apple or android wallet to conveniently reference at doctor’s appointments.
Savings and spending account contribution limits are increasing
Health Savings Account (HSA)
The IRS is increasing the amount you can contribute to an HSA for 2025. This means that if you enroll in HSA Standard or HSA Select, you can contribute more to your account in 2025. And, if you are or will be age 55 in 2025, you can contribute an additional $1,000 in 2025.
Plus, don’t forget that if you are eligible to contribute to an HSA, BAE Systems will contribute to your HSA, even if you do not. These company contributions are yours to keep even if you leave BAE Systems, and no adjustments to the company contributions are allowed during a calendar year for qualified life events or job transfers. Also, keep in mind that company contributions reduce the maximum amount you may contribute each year, as the total annual contributions are limited by the IRS.
Take a few minutes to learn more about all the benefits of an HSA.
If you are enrolled in HSA Standard or HSA Select, here’s how the math works for 2025:
| Individual coverage | Family coverage | |
|---|---|---|
| Your 2025 maximum contribution1 | Under age 55: $3,550 Age 55+: $4,550 | Under age 55: $7,050 Age 55+: $8,050 |
| BAE Systems contribution2 | $750 | $1,500 |
| 2025 IRS maximum (this includes BAE Systems contribution) | Under age 55: $4,300 Age 55+: $5,300 | Under age 55: $8,550 Age 55+: $9,550 |
1HSA contributions and earnings are not subject to federal taxes; however, a few states treat the contributions as taxable income. Those employees residing in California and New Jersey will have applicable state taxes withheld from their contributions each pay period. Employer contributions to the HSA are also subject to state taxes in these two states. The HSA employer contribution for employees residing in California or New Jersey will be taxed in full within three months of the contribution being made. Note: If you are married and your spouse is also enrolled in an HSA, your combined HSA contributions may not exceed IRS limits.
2The full amount of BAE Systems contribution will be deposited in your HSA within two to three weeks of your coverage effective date or enrollment date, whichever is later.
Can you have an HSA and FSA at the same time?
Yes. If you are enrolled in the HSA Standard or HSA Select, you can have an HSA for eligible medical expenses and also participate in a Limited Purpose FSA to help you pay for dental and vision services. Under IRS rules, when you have an HSA and a Limited Purpose FSA, your medical and prescription drug expenses cannot be reimbursed from your Limited Purpose FSA. Learn more by reviewing the comparison chart for HSAs and FSAs.
Flexible Spending Accounts (FSAs)
Contribute up to $3,200 in a Health Care Flexible Spending Account in 2025. FSAs are use-it-or-lose-it accounts. You must spend your FSA dollars by December 31, 2025, and you will have until April 30, 2026, to submit your 2025 claims for reimbursement.
Contribute up to $5,000 to a Dependent Care FSA ($2,500 if your spouse or domestic partner contributes to one as well). Please note that if your compensation is $155,000 or more, your 2025 contributions are limited to $2,000. Note that you can no longer use Dependent Care FSA funds for a child once they turn age 13, unless they are disabled.
Remember, FSA contributions do not carry over and must be elected during Annual Enrollment each year if you want to participate.
Voluntary supplemental benefits
Your medical plan insurance is your primary source for comprehensive coverage for the care you need to stay healthy or to treat an injury or illness. But, when you’re sick or injured, you may also need help with other expenses, like child care, groceries, or transportation. That’s where voluntary supplemental benefits can make a big difference. You can enroll in voluntary supplemental plans only during Annual Enrollment or if you have a qualified life event during the year.
Important: Voluntary supplemental coverage is not medical insurance
These supplemental benefits are 100% employee-paid plans. They provide financial assistance that can help with miscellaneous expenses, but you will still need medical insurance to pay for the majority of your health care.
Keep loved ones protected with the right amount of life insurance
How much is enough? Your life insurance needs can change over time as your life and family situation changes. Visit The Hartford microsite for a life insurance needs calculator, as well as other life insurance resources that can help you determine what’s right for yourself and your family.
Do you need to add more coverage? Our plans allow you to elect Supplemental Employee Life Insurance only during Annual Enrollment or if you have a qualified life event during the year. You may need to complete the Evidence of Insurability (EOI) questionnaire and be approved before a higher coverage amount may become effective.
Keep your beneficiaries up to date
Many of our benefit plans offer a payout to your loved ones in the event of your death. But you must have your beneficiary details on file in advance for the benefits to be distributed according to your wishes.
You can update your beneficiary information at any time. Be sure to keep your beneficiaries up to date, particularly if you experience a significant life event such as a divorce, birth of a child, or death of a loved one. It only takes a few minutes to get peace of mind that your wishes will be followed if the unthinkable happens.
How to update your beneficiaries for these benefits at any time:
Life insurance
Life insurance
On BenefitsNavigator, select the Health & Insurance menu entry at the top, and a Health & Insurance Summary page will load. Under the Take Action menu, click on Manage Beneficiaries to view your Beneficiary Summary, and use the buttons to update your beneficiaries.
Health Savings Account (HSA)
Health Savings Account (HSA)
If you have an HSA today, from the BenefitsNavigator homepage, select Reimbursement Accounts in the top menu. In the Health Savings Account summary section, click on manage your account. Once this page loads, scroll down to the Health Savings Account Summary section and click on View Beneficiaries. From this page, you can add or update your HSA beneficiaries.
If you will be new to a BAE Systems HSA plan next year, an account will be opened for you. Once your account has been opened, you can designate your beneficiary(ies).
401(k) Savings Plan
401(k) Savings Plan
Visit the MyRetirement website and select Account Overview from the drop-down menu. From this page, you can update your beneficiaries, change your 401(k) contribution rate, and review your investment strategy.
Questions?
Questions about your medical, dental or vision plans, life insurance, or HSA details? During Benefit Center business hours, chat with a benefits representative while on BenefitsNavigator (click on the “Chat” link in the website footer under “Get in Touch”), or call the BAE Systems Benefit Center at 1 888 900 4223, 8 a.m. – 8 p.m. Eastern time, Monday through Friday.
Questions about your 401(k) Savings Plan? Call the BAE Systems Retirement Center at 1 800 622 5533. Representatives are available Monday through Friday from 8 a.m. – 10 p.m. ET and Saturdays from 9 a.m. – 5:30 p.m. ET.
Si usted necesita información en español, por favor llame a la Benefit Center a 1 888 900 4223.
Important! For those whose benefits are governed by a Collective Bargaining Agreement (CBA): As provided by your CBA, certain benefits may differ from those described on the Benefits website, so some benefits and provisions may not apply to you.