It's that time of year when you must make decisions about your health care for the following year. Should you stick with your current plan or elect to make changes? Does a health savings account (HSA) or flexible spending account (FSA) best suit your needs?

Open enrollment is also a time to focus on your finances and take advantage of tax-deferred retirement planning through a 401(k). One big question to ask if whether or not you're taking full advantage of your employer's 401(k) match.

With five smart money moves to make during open enrollment, 11Alive's Melissa Long spoke to Ted Jenkin, CEO of Oxygen Financial, for some tips.