For employees welcoming new family members through surrogacy, the Firm reimburses certain eligible surrogacy-related expenses up to your previously unused $75,000 family-building lifetime maximum.
Employees who experience a completed surrogacy event (defined as a live birth or failed surrogacy arrangement, such as an unsuccessful pregnancy or failed surrogate IVF cycle) may submit a claim through Maven’s reimbursement program, Maven Wallet, within six months following the completed surrogacy event (and before an employment termination date, if applicable). After submission of eligible expenses, employees will receive a lump-sum reimbursement to cover the cost of certain surrogacy-related expenses. Qualified surrogacy-related expenses include, but are not limited to:
- Health care expenses for the surrogate mother related to the conception, pregnancy and delivery of the baby pursuant to the surrogacy agreement
- Surrogacy agency and legal fees
- Travel expenses, including lodging and meals while away from home after the surrogacy arrangement has been executed
Note that per IRS guidelines, all reimbursement amounts for surrogacy will be subject to applicable federal and state taxes. Taxes applicable to surrogacy expenses paid under this Program are the responsibility of the employee.
To get started with Maven Wallet, download the Maven Clinic app and activate your account. For more information, see the Adoption and Surrogacy Assistance Summary Plan Description.