Candidate Hub/Benefits & time off
Candidate Hub · Topic 07

Benefits & time off

Health plans, 401(k), HSA, ESPP, disability, PTO and parental leave.

$24,5002026 401(k) employee limit; $8,000 catch-up at 50+, $11,250 at ages 60–63
$4,400 / $8,7502026 HSA limits, self-only / family coverage
$7,5002026 IRA contribution limit

Health insurance

Compare premiums, deductible, out-of-pocket maximum and network (PPO, HMO or high-deductible plan with HSA). For families, the difference between plans can be many thousands of dollars a year.

401(k) strategy

Always capture the full employer match. From 2026, catch-up contributions for higher earners (about $150,000+ in prior-year wages) must go into Roth. Some plans allow after-tax contributions and in-plan Roth conversions ("mega backdoor Roth").

ESPP

Employee stock purchase plans often let you buy company shares at up to a 15% discount. Understand the holding periods for tax purposes.

Life & disability

Group long-term disability usually replaces around 60% of salary up to a cap. High earners often need supplemental coverage.

Time off

No federal law requires paid vacation. Senior roles often have 20+ days or "unlimited PTO". There are 11 federal holidays; paid sick and family leave depend on your state.

Parental leave

FMLA gives up to 12 weeks unpaid, job-protected leave if eligible. Paid leave depends on employer policy and state programs (e.g., California, New York, New Jersey, Massachusetts, Washington, Colorado).

Guides

How-to guides

How toChoose a health plan during enrollment
  1. Estimate your family's expected medical use for the year: routine care, specialists, prescriptions, planned procedures.
  2. For each plan, add annual premiums plus the likely out-of-pocket costs, up to the out-of-pocket maximum.
  3. Check that your doctors and nearby hospitals are in-network.
  4. If you pick a high-deductible plan, fund the HSA. It is triple tax-advantaged and yours to keep.
  5. Remember: you usually can't change plans until next open enrollment unless you have a qualifying life event.
How toSet up your 401(k) in week one
  1. Enroll immediately; some plans have a waiting period for the match.
  2. Contribute at least enough to get the full employer match.
  3. Choose traditional (pre-tax) or Roth based on your current vs. expected future tax rate.
  4. Pick a diversified, low-cost target-date or index fund if you are unsure.
  5. Name your beneficiaries and check the vesting schedule for employer contributions.

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Information reviewed September 2026. General information only, not legal, immigration, tax or financial advice. Laws change frequently and vary by state and personal situation; consult qualified professionals.