New Update: Healthcare Costs Increasing by Over 60% in Some States. Will you be impacted?

How EQT Retirees Are Using AI to Simplify Everyday Life

Healthcare Provider Update: Healthcare Provider for EQT EQT's latest acquisition of CareNet, Japan's leading digital healthcare platform, illustrates its strategic interest in the healthcare sector. CareNet enhances EQT's presence within the Asia-Pacific healthcare technology landscape, focusing on integrating advanced data analytics and AI-driven solutions. Healthcare Cost Increases Expected in 2026 As the healthcare landscape evolves, significant cost increases loom for 2026. Record hikes in Affordable Care Act (ACA) premiums are anticipated, with some states seeing increases surpassing 60%. This surge is spurred by factors such as rising medical expenses and the potential expiration of federal premium subsidies, resulting in drastic out-of-pocket costs for many consumers-potentially up to 75%. With major insurers reporting substantial revenues, the pressure on enrollees intensifies, highlighting a critical juncture for managing healthcare finances. Click here to learn more

'Artificial intelligence is helping many EQT employees simplify their transition into retirement by organizing finances and daily routines, but the key is to use these tools as support—not substitution—for thoughtful planning and professional guidance.' — Paul Bergeron, a representative of The Retirement Group, a division of Wealth Enhancement.

'EQT employees are finding that AI can streamline everything from budgeting to wellness, but lasting success in retirement comes from combining technology’s efficiency with informed financial decision-making.' — Tyson Mavar, a representative of The Retirement Group, a division of Wealth Enhancement.

In this article, we will discuss:

How artificial intelligence (AI) is helping EQT retirees simplify daily life and handle complex tasks.
The ways AI can enhance health, home, and financial organization in retirement.
Why retirees are increasingly confident using AI to boost efficiency and reclaim valuable time.

Many EQT retirees are discovering that slowing down isn’t always easy, despite looking for respite from decades of early mornings, complex undertakings, and global operations. Handling investments, planning vacations, and staying organized can still feel demanding during retirement.

That’s where artificial intelligence (AI) has stepped in. What once seemed futuristic is now a practical tool for EQT’s retired professionals who want to streamline routines and reclaim valuable time.

According to Wealth Enhancement financial planner Kevin Won, CFP®, AWMA®, CRPC®, “we’re seeing older adults experimenting with AI tools for efficiency. They understand that these tools can help them reclaim time, which is one of life’s most precious resources.”

Simplifying Complex Tasks

While still in the workforce, AI is helping EQT employees transform their daily workflow. Tasks that once took hours—such as reviewing financial reports or tracking industry or market data—now take minutes with the help of AI assistants that can summarize data, highlight key performance trends, and draft personal reports.

Others are using AI to enhance their personal lives. For instance, with an AI-powered trip planner, it's possible to enter your preferred travel destinations, dates, and hobbies, and have the chatbot design an itinerary for you complete with dining, sightseeing, and activity suggestions.

The same is true after retirement. “The retirees I work with value how AI brings order and clarity,” Won adds. “Whether it’s comparing health care options or managing monthly expenses, these tools can handle the heavy lifting so retirees can focus on other areas of their lives.”

Improving Health and Home Management

Many former EQT professionals are also turning to AI for personal wellness and home organization. Some use chatbots for home maintenance guidance, while others leverage AI to build custom workout plans that adapt to travel schedules or physical limitations. These tools help retirees maintain consistency without needing advanced tech skills or expensive memberships.

According to Won, “AI can give older adults autonomy. They don’t need to wait for instruction or assistance. Technology enables them to take the lead in their daily lives, including finances and health care choices.”

A Modern Assistant for Financial Confidence

Retirees can also use AI to help arrange their financial information before meetings with advisors. From summarizing financial articles to preparing questions, AI helps retirees save time while staying informed. Some even use it as a digital filing assistant, categorizing tax documents, receipts, and travel logs for the upcoming year.

Won cautions, however, that “AI should be viewed as guidance, not a promise. It’s a powerful assistant, but it can still make errors—especially on topics like health or finance—so always double-check important information.”

From Skepticism to Confidence

While some retirees were initially hesitant to adopt AI, many have now incorporated it into their routines. Surveys show that, while older generations are slower to adopt new technologies, comfort and usage are steadily rising.¹

Won explains, “Retirees who’ve spent decades adapting to innovation in corporate environments, like EQT, already have the resilience and mindset needed to learn new tools. Now, AI works for them—reducing complexity, not adding to it.”

A Smart Way to Simplify Retirement

For many retirees, using AI is about boosting productivity, not just curiosity. Automating travel planning, organizing budgets, and reducing decision fatigue can make retirement more manageable and less stressful.

According to Won, “you’re really adding peace of mind when you integrate smart tools into daily life. The goal isn’t to master the technology. It’s to let it operate behind the scenes so you can focus on what matters most.”

If you’re a EQT retiree looking to organize your finances, streamline health care costs, or enjoy your retirement with fewer hassles, The Retirement Group can help. Call (800) 900-5867 to speak with a knowledgeable representative today.

For more information, visit WealthEnhancement.com or call Wealth Enhancement Group at (800) 492-1222 to speak with a Certified Financial Planner.

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Articles you may find interesting:

Sources:

1. Kakulla, Brittne, Laura Skufca, Patty David, Jessica Boothe, and Kristen Garrett. ' Empowering Independence With Technology Among Adults Age 50-Plus .' Washington, DC: AARP Research, Jan. 2025.
2. “Young Adults Are Leading the Way in AI Adoption.” AP-NORC Center for Public Affairs Research, 29 July 2025.
3. Chui, Michael, et al. The Economic Potential of Generative AI: The Next Productivity Frontier. McKinsey Global Institute, June 2023.
4. Chatbots in Consumer Finance. Consumer Financial Protection Bureau, June 2023.
5. “Older Adults Express Mixed Views on Artificial Intelligence.” NORC at the University of Chicago, Oct. 2023.

What is the purpose of EQT's 401(k) Savings Plan?

The purpose of EQT's 401(k) Savings Plan is to help employees save for retirement by allowing them to contribute a portion of their salary on a pre-tax or after-tax basis.

How can EQT employees enroll in the 401(k) Savings Plan?

EQT employees can enroll in the 401(k) Savings Plan by accessing the enrollment portal through the employee benefits website or by contacting the HR department for assistance.

What types of contributions can EQT employees make to their 401(k) account?

EQT employees can make pre-tax contributions, Roth (after-tax) contributions, and possibly catch-up contributions if they are age 50 or older.

Does EQT offer a company match on 401(k) contributions?

Yes, EQT offers a company match on employee contributions to the 401(k) Savings Plan, which helps employees grow their retirement savings.

What is the maximum contribution limit for EQT employees in the 401(k) Savings Plan?

The maximum contribution limit for EQT employees is determined by IRS guidelines, which may change annually. Employees should check the latest limits for the current year.

When can EQT employees start withdrawing funds from their 401(k) Savings Plan?

EQT employees can start withdrawing funds from their 401(k) Savings Plan without penalties at age 59½, though they may have options for loans or hardship withdrawals before that age.

Are there any fees associated with EQT's 401(k) Savings Plan?

Yes, EQT's 401(k) Savings Plan may have administrative fees and investment-related fees, which are disclosed in the plan documents provided to employees.

How often can EQT employees change their contribution amounts to the 401(k) Savings Plan?

EQT employees can change their contribution amounts to the 401(k) Savings Plan at any time, subject to the plan's rules and procedures.

Can EQT employees take loans against their 401(k) Savings Plan balance?

Yes, EQT allows employees to take loans against their 401(k) Savings Plan balance, subject to certain limits and repayment terms outlined in the plan.

What investment options are available in EQT's 401(k) Savings Plan?

EQT's 401(k) Savings Plan offers a variety of investment options, including mutual funds, target-date funds, and possibly company stock, allowing employees to diversify their portfolios.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.

EQT Corporation provides a comprehensive retirement plan for its employees, including a 401(k) plan and a defined benefit pension plan. The 401(k) plan is notable for offering up to a 9% employer contribution, which includes a 6% company contribution regardless of employee contributions, plus an additional 3% company match (50 cents to every dollar contributed by the employee). In 2023, EQT introduced a Roth 401(k) option to offer employees more flexibility and tax advantages in their retirement savings strategies. The defined benefit pension plan at EQT requires employees to meet specific years of service and age qualifications, though detailed specifics such as the pension formula and the exact name of the pension plan were not disclosed in the sources reviewed. However, EQT emphasizes its commitment to providing robust retirement benefits as part of its broader employee engagement and retention strategy. This plan is managed by an independent administrator who offers online resources and personalized advice to help employees navigate their retirement options.

Restructuring Layoffs and Operational Changes: In 2024, EQT Corporation announced significant restructuring efforts, including layoffs primarily resulting from their acquisition of Tug Hill and XcL Midstream. These efforts were part of a broader strategy to streamline operations and reduce costs. The company also adjusted its capital expenditures and production forecasts, emphasizing operational efficiency. Importance: It is crucial to address this news due to the current economic uncertainties, fluctuating investment environments, and evolving tax and political landscapes, which can significantly impact employee job security and financial planning.

Stock Options and RSUs at EQT: EQT Corporation offers its employees stock options under its Long-Term Incentive Plan (LTIP). These stock options are granted with a specific exercise price, typically equivalent to the market price on the grant date. Employees can exercise these options after a vesting period, usually over three years, allowing them to purchase company shares at the predetermined price. RSUs are also a significant component of EQT's compensation strategy. RSUs represent the right to receive shares upon vesting, usually over three years. They are awarded under EQT's equity-for-all program, which began in 2021, ensuring that all permanent employees are eligible for these equity awards. The fair market value of these RSUs is determined on the grant date, and the employees must remain with the company throughout the vesting period to receive the shares.

EQT Corporation offers a comprehensive set of health benefits designed to support its employees’ well-being, particularly through robust safety and wellness programs. The company has emphasized health and safety through extensive employee training and emergency preparedness initiatives, especially in high-risk areas like their field operations. Their training programs include safety protocols, proper use of personal protective equipment, and specific guidance on chemical handling, crucial for their operations in the oil and gas industry. EQT also provides a variety of health management programs that include wellness information and health education sessions conducted by medical professionals. These programs are part of their broader strategy to minimize health risks and enhance employee engagement, especially during the remote working conditions that many employees experienced in 2023. Additionally, EQT’s health benefits include support for employees nearing retirement, helping them transition smoothly by providing resources such as financial planning and retirement options, along with assistance in navigating the digital health insurance marketplace

Additional Articles

Check Out Articles for EQT employees

For more information you can reach the plan administrator for EQT at , ; or by calling them at .

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