There are a few things I wish I knew before resigning last year. I reviewed multiple articles about resigning and ensured that I provided ample notice to my supervisor, team, and clients. Based on the parties and the continued support I received from my former supervisor a few months after I left, I nailed that part of transitioning. So please do read those articles! No, what I want to talk about is banking and health insurance.
In all my planning, I didn’t consider what would happen to my bank account now that I wouldn’t receive regular direct deposits into that account. Turns out that unless you are a college student or banking online, checking accounts have a monthly maintenance fee. Chase’s fee is 12 dollars! Fortunately, there are a few other things you can do to waive the fee, including meeting the daily minimum balance requirement, which I’ve been able to do so far. I am still exploring my options about regarding establishing a new account, but when I think of all the things I’d need to change the fee almost seems worth it.
On to health care, this isn’t as life changing but it was still frustrating. While preparing to resign, I contacted my HR department to inquire about my health benefits. The representative explained that coverage lasted 30 days beyond my resignation date. Unfortunately, this rule does not apply to vision or dental benefits. I learned this a week after I resigned and was unable to purchase new glasses. I also ended up with a hefty dental bill. When discussing this with a friend, she inquired whether my vision plan covered glasses every calendar year or every 12 months. I realized that understanding the difference was important, and would have also saved me money during my transition.
In the scheme of things, these issues are minor, but I hate wasting money. I hope this post helps at least one person maximize their benefits and explore their banking options before resigning.
Blessings! In all that you do today, remember to be kind and gracious to yourself.