Other Financial Benefits

Flexible Spending Account (FSA)

There are three Flexible Spending Account (FSA) options

Healthcare FSA (general purpose)
Limited Purpose FSA (for dental, vision, and for post-deductible healthcare)
Dependent Care FSA

Each has different eligibility requirements. If you choose to enroll in a UBS medical plan option (Core or Core Plus), you may participate in the Limited Purpose FSA in addition to a Health Savings Account (HSA) – or if applicable, a Health Reimbursement Account (HRA). If you choose to enroll in a medical plan option from a source other than UBS – and therefore do not have access to the HSA – you can choose to participate in a general purpose Healthcare FSA.

Regardless of your medical coverage election through UBS, you are eligible to participate in the Dependent Care FSA plan. Please consult the IRS website to see if you meet the IRS eligibility requirements www.irs.gov/pub/irs-pdf/p503.pdf (PDF, 1 MB) ).

The FSAs are administered by Smart-Choice Accounts.

For more information about the accounts

Log into the Alight Worklife website and select Reimbursement Accounts.
View the 2027 FSA summary of benefits
Click here for a list of Health Care FSA eligible expenses.
Click here for a list of Dependent Care FSA eligible expenses.
List of eligible expenses (LPFSA)

You must actively enroll

In order to participate in any of the available the Flexible Spending Accounts (FSA), you must make an active election each year, even if you participated in the prior year. If you do not elect to contribute during the Open Enrollment period, you will default to $0.00 for the 2027 plan year.

Important to understand

You may only use your FSA funds to pay for:
– Eligible healthcare expenses incurred through December 31 of that year for the Healthcare FSA or Limited Purpose FSA.
– Eligible dependent care expenses incurred through December 31 of that year for the Dependent Care FSA.
Note: you must be employed with UBS or be a retiree with an HRA at the time the eligible expense was incurred.
$680 carryover option for the Healthcare FSA and Limited Purpose FSA only. This means that you can carry over up to $680 of the remaining unused amount. Your Healthcare FSA or Limited Purpose FSA (as applicable) to the following plan year to be used for eligible healthcare expenses. Those funds can be rolled over into:
–The Healthcare FSA, if you participate in a medical plan from a source that is not UBS, or
–The Limited Purpose FSA, if you choose to enroll in either of the UBS CDHP medical plan options (Core or Core Plus).
Note: The $680 carryover does not apply to the Dependent Care FSA. Eligible dependent care expenses must be incurred by December 31 of the plan year.
The “use it or lose it” rule still applies. This means that any Healthcare FSA or Limited Purpose FSA balance above $680 will be forfeited after December 31 of each year. However, for eligible expenses incurred in the Healthcare FSA or Limited Purpose FSA (as applicable) in 2027 prior to December 31, 2027, you may submit a claim to get reimbursed for these expenses up to the following June 30.
Since there is no $680 carryover option for the Dependent Care FSA, any unused balance left in the Dependent Care FSA will be forfeited after December 31 of each year. However, for eligible expenses incurred in the Dependent Care FSA in 2027 prior to December 31, 2027, you may submit a claim to get reimbursed for these expenses up to the following June 30.
You may submit a claim up to June 30 of the following year to get reimbursed for any eligible expenses incurred prior to December 31 of the preceding year.
UBS will contribute to your Dependent Care FSA. If you're eligible and participate in the Dependent Care FSA, UBS will match 100% of your contribution up to $1,000 per year to your FSA to offset dependent day care expenses. To be eligible for the matching contribution from UBS, your Benefits Base Salary (BBS) must be under $100,000 as of January 1, 2027.

Life, accident and disability insurance

Plan	Description
Life Insurance (Basic & Supplemental)	Designed to provide you and your family with financial protection in case of death. You are automatically provided with Basic Life Insurance at 2x your BBS. You can purchase additional life insurance for you, your Spouse/Partner and your eligible dependent children. Read more about Life Insurance Watch this video
Short-Term Disability (STD)	You will be required to apply sick days until your request for leave is approved. Once approved, your sick days will be restored and STD pay will be applied from Day 1 at 100% of your pay for all employees regardless of tenure. Your STD Base Compensation amount will be your Benefits Base Salary (BBS) divided by 26 weeks. Read more about Short-Term Disability in the US Employee Handbook.
Long-Term Disability (LTD)	If you are ill or injured and are unable to work on a continuous basis for more than 26 weeks, you may be eligible for LTD benefits. Generally, the Long-Term Disability (LTD) Plan picks up when your Short-Term Disability Plan benefits end. The Hartford is the carrier for the UBS Long-Term Disability Plan. There are two types of LTD coverage: Basic LTD and Supplemental LTD. Basic LTD: Provided by UBS at no cost to you Benefit: 50% of LTD BBS, up to $5,000 per month LTD BBS Limit: $120,000 Supplemental LTD: Cost: $0.189 per $100 of monthly LTD BBS, after-tax Benefit: 60% of LTD BBS, up to $30,000 per month (combined monthly maximum Basic LTD + Supplemental LTD) LTD BSS Limit: $600,000 Enrollment is subject to Evidence of Insurability Read more about Long-Term Disability Watch this video
Business Travel Accident Accidental Death & Dismemberment	Designed to provide you and your family with financial protection in the case of an accidental injury or death. Business Travel Accident Insurance - automatic UBS automatically provides Business Travel Accident Insurance at no cost to you if you die or are severely injured while traveling on company business. Coverage amount is equal to 10 times your BBS up to a maximum of $1.25 million. If you are traveling with a Spouse/Partner or companion and/or your children on company business, your Spouse/Partner or companion is automatically covered for $75,000 and your children are each covered for $35,000. Read more about Business Travel Accident Insurance Accidental Death & Dismemberment.Insurance - voluntary You can elect to purchase accident insurance coverage in $10,000 increments up to ten (10) times your BBS; not to exceed $1.75 million. Accidental Death & Dismemberment Insurance can cover you and your family members in the event of death, dismemberment or total disability as a result of an accident. Read more about Accidental Death & Dismemberment
Excess Liability Plan	Enrollment in the Excess Liability Plan is voluntary. Employees who are eligible to purchase Excess Liability include Managing Directors, Executive Directors, Directors and Financial Advisors. The Excess Liability Plan is designed to cover a wide range of personal liability exposures such as residences, autos, watercraft, recreational vehicles, pets and swimming pools. Offers limits ranging from $5 million to $25 million, in $5 million increments. All new enrollees can enroll in $5 million or $10 million worth of coverage. New for 2027, you will enroll in the Plan, decline coverage, or change your coverage amount by making an election and payment directly on the Marsh website. Read more about Excess Liability Plan

Access your disability claims with The Hartford.

Accident Plan

Designed to provide accident coverage for care and follow-up related to accidental injuries, plus certain health screenings.

100% employee paid.
Pays cash directly to help cover out‐of‐pocket costs.
Injuries that are sustained accidentally are covered, including fractures and dislocations, paralysis, brain injuries, burns, comas and wounds/lacerations.
Covered services include initial and follow-up treatment, ambulance trips, medical imaging, surgeries, hospital stays, rehabilitation facility stays, appliances, chiropractic treatment, therapy services, pain management, prescriptions, prosthetics, service animals, injuries obtained during organized sports, and more.
You can enroll yourself and your spouse/partner and/or dependent child(ren).
Your accident plan pays you $100 once a year for a covered preventive health screening. The benefit applies to all covered members. If you’ve enrolled a family of four, you could receive up to $400.
Coverage applies to covered accidents that happen both on and off the job, helping provide financial protection wherever life takes you.
Receive a 25% benefit bonus for covered accidents that occur while participating in organized sports, helping provide additional support for active individuals and families.

Read more about the Accident Plan below.

Hospital Indemnity

This is a voluntary program designed to supplement other health insurance. Hospital Indemnity coverage will provide benefits if you are confined to a hospital (whether for planned or unplanned reasons), and it helps reduce the costly effects of the hospital stay.

Employees pay the full cost of coverage on an after-tax basis. To be eligible, you must be enrolled in medical coverage (whether through a UBS-sponsored medical plan or elsewhere).

Planning to grow your family? Hospital Indemnity benefits can help with expenses related to childbirth by providing payments for covered hospital admissions and stays for both the mother and newborn.

Please note: Hospital Indemnity insurance does not replace your medical coverage.

Critical Illness insurance

Critical Illness insurance provides financial protection by providing a lump-sum benefit upon diagnosis of a covered critical illness. The benefit proceeds can be used to pay for any type of expense. This is a voluntary benefit and employees pay the full cost. To be eligible, you must be enrolled in medical coverage (whether through a UBS-sponsored medical plan or elsewhere). Your dependent children are also eligible for coverage, at no additional cost.

You must actively enroll (and add dependents to your coverage, if applicable) during the Open Enrollment period for you (and your dependents) to have coverage.

Choose the level of protection that's right for you with benefit amounts of $20,000 or $40,000.
Rates are age-banded at enrollment and do not increase as you get older, helping make costs more predictable over time.

Please note: Critical Illness insurance does not replace your medical coverage.

Child care financial support

UBS will contribute to your Dependent Care FSA. If you're eligible and participate in the Dependent Care FSA, UBS will match 100% of your contribution up to $1,000 per year to your FSA to offset dependent day care expenses. To be eligible for the matching contribution from UBS, your Benefits Base Salary (BBS) must be under $100,000 as of January 1, 2027.

Access your Benefits Base Salary (BBS) modeling tool to explore your personalized benefits information and make more informed enrollment decisions. Access via goto/usbenefits > Quick Actions > Benefits Base Salary.

UBS Financial Wellness

Wherever you are on your financial journey, UBS Financial Wellness can help you take your next step. Your complimentary benefit combines personal guidance, practical education and digital resources to support your whole financial life, from managing everyday finances and paying down debt to investing and preparing for retirement.

Your benefit includes:

Personal guidance from UBS Financial Coaches. Meet one-on-one with a licensed professional as often as you need to discuss your goals, explore your options and identify practical next steps. Schedule an appointment.
Live educational events. Attend interactive webinars featuring UBS Financial Coaches and guest speakers, with topics designed to help you make more informed financial decisions.
Personalized digital resources. Explore tools, calculators, videos and educational content tailored to your needs and priorities. Access UBS Financial Wellness. Have your GPN ready if you have not registered.
Ongoing support and encouragement. Receive timely communications, event invitations and helpful reminders to keep building momentum toward your goals.

Start today. Explore the digital experience or connect with a UBS Financial Coach.

Legal

The Group Legal Plan, administered by MetLife Legal Plans, provides quick, easy and affordable access to legal assistance. Eligible services received from in-network attorneys are covered at 100%.

MetLife’s Plus Parents allows you to cover your parents, parents-in-law, and grandparents for many common legal issues. The convenient payroll deduction will cover attorney’s fees for covered matters.

The Reproductive Assistance Law coverage grants you 20 hours of legal services and court work related to reproductive assistance matters.

See the UBS Plan Overview for more information.

Life Essentials by The Hartford

As a part of our partnership with The Hartford, our insurer for life and disability coverage, UBS employees have access to a range of other helpful services, including:

Funeral Planning: A suite of online tools and resources, along with family advocacy and professional negotiation of funeral prices with local providers.
Bereavement Services: Personalized bereavement support for beneficiaries to cope with emotional, financial and legal issues after a loss.
Will Prep: Helps you protect your family’s future by creating a will online, backed by support from licensed attorneys.
Travel Assistance with ID Theft Protection: Includes pre-trip information as well as help accessing professionals across the globe for medical assistance when traveling 100+ miles from home (for a trip that is 90 days or less). ID theft services are also available to you and your family at home or when traveling.
Ability Assist Counseling Services with Health Champion Health Care Support: Support if you’ve become disabled or are diagnosed with a critical illness with guidance on care options, helpful resources and support for financial, legal and work-life concerns

Learn more about resources through the Hartford

Resources from The Hartford

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Other Financial Benefits

There are three Flexible Spending Account (FSA) options

For more information about the accounts

You must actively enroll

Important to understand