Annual Enrollment is Oct. 16-31
The news is out, and it’s time to celebrate! Honeywell is lowering the costs for medical and dental coverage in 2026 for the majority of U.S. employees. You will be able to view your discounted 2026 medical and dental costs on the Honeywell Benefits Center where you enroll.
Make the most of your cost savings
Consider using the money you will save on medical and dental premiums to improve your financial well-being. Several options are listed below.
Open a health savings account (HSA) or contribute more. You can make pretax contributions from your paycheck, and the funds are never taxed as long as they’re used for eligible expenses. Use the funds in your HSA to pay for current out-of-pocket health care costs now or in the future, even in retirement. Once the balance in your HSA reaches $500, you can invest any amount over this limit, giving your savings the opportunity to grow.
Learn more about HSAs on the Bank of America website. You can enroll or change your HSA contributions when enrolling in the rest of your benefits on the Honeywell Benefits Center site.
Increase your 401(k) plan contributions. You can make pretax, Roth 401(k) or after-tax contributions to your retirement savings plan, and Honeywell matches the first 8 percent of your eligible pay each year at 87.5 percent (up to 7 percent of your base salary). You choose how you want the money to be invested, and you are always 100 percent vested in your own contributions. After three years of service, 100 percent of Honeywell’s matching contributions vest. To receive the annual match, you must actively enroll in the 401(k) plan and have contributions deducted from your eligible pay.
To change your 401(k) contributions or investments, visit the Fidelity website.
Make sure you have enough life insurance: In addition to basic life insurance automatically provided by Honeywell, you have the option of purchasing additional group universal life (GUL) insurance through Securian Financial. You pay the full cost coverage, which varies based on age, coverage level and tobacco status.
Visit the Securian website to use the Benefit Scout tool and learn more about how much coverage you should have for yourself and your family.
There’s more to celebrate
Honeywell offers a wide variety of programs and services across our four pillars of well-being. Before you complete your enrollment, explore the rest of this website to learn about resources you may know nothing about.
Enroll by the deadline
Visit the Honeywell Benefits Center, and enroll by 11:59 p.m. ET on Friday, Oct. 31.
- If you do nothing, your 2025 elections will roll over to 2026, excluding contributions to your limited purpose FSA or dependent care FSA. You MUST reenroll in these accounts if you want to participate in the coming year.
- Unless you have a qualified life event, the decisions you make now can’t be changed until next fall’s Annual Enrollment.
Get answers to frequently asked questions.
NOTE: This information applies to legacy Honeywell employees with the exception of FM&T employees. CAES and Sundyne employees have different Annual Enrollment materials and enrollment timelines.
