Wells Fargo Employee Benefits
Wells Fargo offers a comprehensive range of employee benefits designed to enhance your life both at work and beyond. Their comprehensive benefits package is available to regular and fixed-term employees regularly scheduled to work at least 17.5 hours per week.
Here’s everything you’ll want to know about Wells Fargo employee benefits for 2025.
Health and Wellness Benefits
Medical
Depending on where you reside, you have access to nationwide medical plans through Anthem Blue Cross Blue Shield or UnitedHealthcare, as well as additional local network options with Centivo or Kaiser Permanente.
All Wells Fargo medical plans offer:
- Preventive care is covered at 100% with in-network providers.
- Comprehensive coverage for routine and emergency care, including mental health and substance use services.
- Prescription drug coverage.
- Fertility benefits, with medical coverage up to $25,000 and prescription coverage up to $10,000.
- Out-of-pocket expense limits for your protection.
- Extensive well-being and support resources, including 24-hour clinical support, cancer support services, maternity support services, complex case/disease management, Real Appeal weight management program, fertility treatment assistance, and access to expert medical opinions.
Dental
Wells Fargo offers two dental coverage options, providing preventive, restorative procedures (such as X-rays, root canals, implants), and orthodontic treatments for all ages.
Vision
Receive comprehensive vision care covering eye exams, lenses, frames, and more.
Health Accounts: Easy Ways to Manage Healthcare Expenses
Wells Fargo employee benefits offers a range of employee accounts to help simplify managing your out-of-pocket expenses:
- Health Savings Account (HSA): Available depending on your medical plan choice, features tax-free contributions and spending on qualified expenses. Plus, earn extra dollars for your HSA through select wellness activities.
- Health Reimbursement Account (HRA): Lowers your costs with earned wellness dollars.
- Flexible Spending Accounts (FSAs): Three options available—Full-Purpose Health Care FSA, Limited Dental/Vision FSA, and Day Care FSA.
You and your enrolled spouse or domestic partner can earn up to $1,200 ($800 for you, $400 for them) in wellness incentives annually for completing wellness activities.
Personal and Family Support Programs
- Parental Leave: Up to 16 weeks of paid leave for primary caregivers and up to four weeks for non-primary caregivers from your very first day of employment.
- Adoption, Surrogacy, and Donor Reimbursement: Up to $35,000 combined lifetime reimbursement for eligible expenses—available immediately upon hiring.
- Breast Milk Shipment Program: Ship breast milk home at no cost through LifeCare MilkShip when traveling for business.
- Backup Child and Adult Care: 20 days per year for backup childcare and five days of backup adult care available at no additional cost.
- Critical Caregiving Leave: Five days paid leave (after one year’s service) to care for a seriously ill parent, spouse, domestic partner, or child.
Employee Well-being and Wellness Resources
- Employee Assistance Program (EAP): Up to 12 free virtual or in-person counseling sessions per year (six per individual issue), available 24/7.
- LifeCare Work-Life Concierge: Personalized assistance managing daily life and major events, including finding child, elder, or pet care, and home improvement specialists.
- Health and Wellness Resources: Wellness coaching, monthly webinars, educational newsletters, and an integrated online health portal (Rally).
Giving Back to the Community
- Community Service Time: Receive up to 16 paid hours annually to volunteer in eligible activities during the workweek.
- Community Care Grants: Direct up to $2,000 annually toward a charity you support by volunteering, serving on governing boards, or donating through payroll deductions.
Financial Protection and Security
- Basic Term Life Insurance: Coverage equal to your annual pay (up to $50,000).
- Basic Critical Illness Insurance: Up to $5,000 per qualifying illness (max lifetime benefit $25,000).
- Short-Term Disability (STD): 65%–100% pay coverage up to 25 weeks when illness or injury inhibits work.
- Basic Long-Term Disability (LTD): Replaces up to 50% of pay for qualifying disability beyond 26 weeks.
- Business Travel Accident Insurance: Covers up to five times your pay (maximum $2 million) when traveling on official company business.
- Personalized Financial Support: Professional guidance for budgeting, debt management, and retirement preparation.
Additional optional insurances available include:
- Accidental Death & Dismemberment (AD&D)
- Optional Critical Illness Insurance (up to $75,000 lifetime)
- Optional Accident Insurance for covered events
- Optional LTD (additional coverage for income protection)
- Optional Term Life Insurance plans for you and your family
- Legal Services Plan for guidance on personal legal matters
Discounts and Offers for Employees
- Everyday Discounts—major brands, vehicles, homes, vacations, and everyday essentials.
- Commuter Discounts: Pre-tax payroll deductions for commuting expenses.
- Wells Fargo Product Discounts: Specific financial products discounts for employees.
Savings and Preparing for Your Future
- Wells Fargo 401(k) Plan: Save up to 50% of certified compensation per pay period. Eligible employees receive a company matching contribution up to 6% of annual compensation.
- Stock Purchase Plan: Secure Wells Fargo stock through payroll deductions, with no brokerage or reinvestment fees.
Career Growth, Development & Time Away
- Paid Time Off (PTO) varies by years of service (18–33 days annually based on tenure) and eligibility to 13 paid holidays annually.
- Tuition Reimbursement: Up to $5,000 annual reimbursement ($2,500 for part-time workers) for career-related education upon successful course completion.
- Employee Resource Networks & Military Resource Center: Support diversity, inclusion, leadership development, and a smoother transition experience for veterans.
Need More Guidance?
Understanding your Wells Fargo employee benefits is just the start. The next step is integrating them into a financial plan that supports your long-term goals. As a Certified Financial Planner® who specializes in working with Wells Fargo employees, I can help you review how these benefits fit into a broader strategy.
Contact me at 704-276-7325 or schedule a no-obligation 20-minute conversation online at Calamita Wealth Management
About Todd
Todd Calamita is the founder and managing principal of Calamita Wealth Management, an independent, fee-only wealth management company located in Charlotte, NC.
Calamita Wealth Management serves Wells Fargo employees locally and nationwide, helping them achieve a successful retirement.
He has more than 25 years of experience in the financial services industry. Todd is passionate about helping people lead better lives. He does this by designing and implementing customized financial plans that bring clarity and confidence.
Todd is a CERTIFIED FINANCIAL PLANNER™ and CERTIFIED DIVORCE FINANCIAL ANALYST® professional. His educational background includes a Bachelor of Business Administration from Ohio University. He also received a Master of Business Administration from the Weatherhead School of Management at Case Western Reserve University.
When he’s not working, you can find Todd spending time with his wife, Teresa, and their two sons, Colin and Cameron. He enjoys rock climbing, swimming, and traveling. Todd even has a black belt in Tang Soo Do, a Korean martial art. To learn more about Todd, connect with him on LinkedIn.
