RTX Open Enrollment: What Employees Need to Know About Critical Benefits Decisions

Open Enrollment is a critical period for employees to make key decisions about their healthcare benefits for the upcoming year. Based in San Diego, the team at CCMI specializes in RTX plans and often guides employees through financial planning designed specifically for them. We’re here to remind you of important 2027 RTX Open Enrollment dates and items to consider to ensure you maximize your benefits. We’ll dive into what you need to know to make your Open Enrollment period seamless.

Key Insights:

• Open Enrollment windows for U.S.-based employees begin at the end of September each year.
• Open Enrollment is your opportunity to make key planning decisions about your healthcare, including dental and vision, and select (or deny) other coverage options, including life and disability insurance and group legal.
• If you take no action, some benefits and coverage will roll over from the previous year, while others will not.

When is RTX Open Enrollment?

The RTX Open Enrollment window for all U.S.-based employees opens annually in September. 

What Decisions Do I Need to Make During RTX Open Enrollment?

• You will select (or deny) coverage for various benefits, including health, dental, vision, life, disability, and legal plans, among other options.
• Additionally, if you’ve experienced a change, such as marital or dependent, or would like to adjust your coverage, you can also make your elections within the designated dates. 
• If you do not take any action, your 2026 selections and coverage tiers will roll over by default, and the new premium amounts will apply. If you do not currently have coverage and do not enroll, you will continue not to have coverage in the upcoming year. Please note that certain 2026 elections, such as ID Theft Protection, will not carry over if you make no election, even if you have this coverage now.

Comparing RTX Medical Plan Options: Gold vs. Silver

Here are some factors to consider when selecting a plan that best aligns with your health and financial needs:

• Healthcare Needs: Consider how often you, a spouse, or dependents visit doctors or specialists, whether you take ongoing prescriptions, and whether you anticipate significant healthcare expenses. Higher expected healthcare usage may make the differences in premiums, deductibles, and out-of-pocket maximums particularly important when comparing the plans .
• Costs: There are several expenses to consider when choosing your plan. There may be additional healthcare costs to consider as you approach retirement, especially in a high-cost area like San Diego:
  • Monthly premium — Based on your RTX salary, this is the amount you will pay each month to maintain your policy and coverage.
  • Deductible — This is the amount you generally pay for covered healthcare services before the insurance plan begins sharing the cost.
  • Co-insurance — Once you meet your deductible, this is the maximum amount or percentage you will pay, with your insurance covering the rest of the cost. 
  • Out-of-Pocket Maximum — This is the most you will pay for covered healthcare services during the plan year. Once you reach this amount, the plan generally pays 100% of covered in-network healthcare costs for the remainder of the year.
• Health Savings Account (HSA): The plans available are HSA-eligible. When comparing your options, consider RTX’s contribution to your HSA along with your ability to make additional pre-tax contributions. We discuss additional HSA planning opportunities below.
• Network of Providers: Ensure your current or preferred providers are covered under your RTX plan selection. Note that care from in-network doctors is typically more affordable than out-of-network options. Understand your payment responsibility and plan for any additional expenses if you require care from an out-of-network provider.
• Family Considerations: If you’re covering dependents, you’ll want to choose a plan that aligns with each family member’s needs. Consider additional options or a combination of options if you’re married and your spouse is also working.

Maximizing Your RTX Health Savings Account (HSA) 

HSAs are tax-advantaged accounts available with high-deductible health plans that allow you to save pre-tax dollars to help pay for qualified medical expenses, such as doctor visits, prescriptions, and certain over-the-counter items. Here are other benefits of an HSA:

• Tax Savings: Contributions to an HSA are pre-tax, which lowers your taxable income. Additionally, unused HSA funds will continue to grow tax-free year after year and may be used for qualified expenses now and in retirement tax-free. After age 65, you can use the funds for anything, but you will lose out on some of the tax savings HSAs provide if not used for qualified medical expenses.
• Long-Term Savings: Unlike the Health Care Spending Account (HCSA) and  Dependent Care Spending Account (DCSA), unused HSA funds roll over each year and remain yours. In other words, you are not required to spend your savings within a designated time frame. HSAs have the potential to grow substantially over time, providing funds to cover future medical needs, even in retirement.
• Retirement Planning: An HSA can act as an additional account alongside your 401(k) or IRA in retirement, as withdrawals for non-medical expenses can be used after age 65. You can also use HSA funds tax-free for Medicare premiums (except Medigap), deductibles, co-pays, and other qualified medical expenses. Plus, you can use them for long-term care expenses, including long-term care insurance premiums, home healthcare, and nursing home costs. Once you enroll in Medicare, you can no longer contribute to an HSA but can still use existing funds. 
• RTX HSA Contributions: RTX will contribute to your HSA if you meet the applicable eligibility requirements. Keep in mind that employer contributions count toward your annual family contribution maximum. If you and your spouse have an HSA, ensure you stay within the yearly family limits ($9,000 for you plus one or more dependents plus a $1,000 catch-up contribution for those over age 55 in 2027) to avoid over-contributing and facing potential penalties or tax liabilities.¹ HSA funds DO roll over each year and are taken with you if you leave the company.
• DCSA and HCSA Options: RTX offers a DCSA for qualified expenses for dependents and an HCSA for eligible expenses based on certain criteria. Note these are use-it-or-lose-it accounts, so funds DO NOT roll over each year and must be used within the given deadlines or they will be forfeited.

Evaluating RTX Supplemental Benefits: Legal, Disability, and Life Insurance

There are various factors you can evaluate before Open Enrollment, including supplemental insurance for unexpected events. We recommend discussing your coverage needs with your financial advisor or an insurance professional:

• Life Insurance: Consider whether you need coverage and how much is appropriate based on your family’s financial needs, including income replacement, outstanding debts, education expenses, and other financial goals. While CCMI does not sell life insurance, we can help determine an appropriate level of coverage as part of the financial planning process. Accidental Death & Dismemberment (AD&D) coverage is more restrictive than traditional life insurance and generally only provides benefits under specific circumstances, so understand the coverage before electing additional AD&D.
• Long-Term Disability: Consider whether the 66 2/3% coverage option is appropriate for you. If an illness or injury prevents you from working, long-term disability insurance can replace a portion of your income. Pay particular attention to how premiums and benefits are taxed, as this can affect the amount you ultimately receive. For executives and higher earners, the plan’s maximum benefit may not provide sufficient income replacement, so additional coverage may be worth evaluating.
• Group Legal Insurance: Consider whether group legal coverage could provide a cost-effective way to address estate planning needs, including wills, trusts, and powers of attorney, as well as certain real estate matters, tax audits, and other legal services. Keep in mind that you generally must select an attorney who participates in the plan.
• Accidental Insurance and Critical Illness: These policies provide lump-sum benefits following certain qualifying accidents or illnesses. Consider your HSA balance, emergency reserves, and potential out-of-pocket healthcare costs when determining whether additional coverage is necessary. If you already have sufficient resources to cover these expenses, supplemental coverage may be less important.

CCMI Understands RTX Benefits

We’re uniquely positioned to help RTX employees navigate their RTX benefits. Kim Benson, a former RTX employee, is familiar with RTX plans, often advises former colleagues, and shares her insights into common situations employees may face. In addition to guiding you through Open Enrollment to maximize your benefits, we also help RTX employees in:

• Managing and exercising RTX stock options
• Exploring tax-efficient strategies, such as the mega backdoor Roth IRA
• Integrating RTX retirement, including decisions around the RTX 401(k) and benefits, into their overall financial plan

Learn more about how we serve RTX professionals on our dedicated employee page.

Source:

¹ (2026, June 3). 2027 HSA Contribution Limits Are Here: What You Need to Know. HealthEquity. https://www.healthequity.com/blog/2027-hsa-contribution-limits-are-here-what-you-need-to-know