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Interpublic Group Employees Confront the Fear of Running Out of Money in Retirement

Healthcare Provider Update: Healthcare Provider for Interpublic Group: The Interpublic Group partners with various healthcare providers, primarily offering health benefits through its benefits program, which includes options from major national insurers like Aetna and UnitedHealthcare. This allows employees to choose plans that best fit their needs. Healthcare Cost Increases in 2026: In 2026, healthcare costs are projected to surge significantly, driven primarily by a combination of rising medical costs and the potential expiration of enhanced federal premium subsidies. This perfect storm could lead to average premium hikes of approximately 18% across the Affordable Care Act (ACA) marketplace, with some states witnessing increases exceeding 60%. Consequently, many consumers might see their out-of-pocket expenses escalate by over 75%, as the loss of subsidies compounds the effects of aggressive rate hikes from major insurers. As the healthcare landscape shifts, proactive planning for these impending costs will be crucial for individuals and families seeking to maintain coverage. Click here to learn more

'To allay long-term financial concerns, Interpublic Group employees may benefit from a comprehensive retirement strategy that addresses inflation, health care costs, and tax planning.' – Michael Corgiat, a representative of The Retirement Group, a division of Wealth Enhancement.

'Proactive retirement planning—especially around inflation, health care, and shifting tax policies—can help Interpublic Group employees gain clarity and reduce uncertainty in the years leading up to retirement.' – Brent Wolf, a representative of The Retirement Group, a division of Wealth Enhancement.

In this article we will discuss:

Key causes of retirement anxiety, including inflation, health care, and taxes.
Generational differences in money concerns and readiness.
The value of broad retirement planning approaches.

Retirement Anxiety is On The Rise

Employees across industries, including those at Interpublic Group, have long worried about how they will fund retirement. These concerns have grown considerably in today’s economy. Nearly two out of three Americans (64%) said they worry more about outliving their resources than they do about dying, according to the Allianz Center for the Future of Retirement’s 2025 Annual Retirement Study. ¹

Main Causes of Retirement-Related Worry

The Allianz study lists several key triggers of these fears. Regarding long-term planning, 54% of respondents said inflation was their top worry. Increases in health care costs, housing, and food prices are still undermining people’s purchasing power.

Concerns around Social Security’s future and tax burdens are also high. 43% said they feared Social Security might not offer adequate support. And another 43% named high taxes as a major issue.

Generational Gaps in Money Stress

Gen X—often balancing care for both kids and aging parents—report the highest worry: 70% versus 66% of millennials and 61% of boomers. Among corporate workers, including those at Interpublic Group, this dynamic underlines how family obligations can magnify retirement concerns.

The Gap Between Worry and Action

The survey shows a gap between concern and conversation: just 23% of respondents have talked about outliving their assets with a retirement specialist, down from 28% in 2024. ² That said, Americans are considering several strategies to allay these fears, ranking the following approaches as most helpful:

41% said cutting current spending to funnel more toward retirement 
44% said increasing retirement contributions 
39% said postponing retirement
While increasing contributions to retirement accounts could help address these concerns, barriers remain: daily necessities (63%), credit card debt (40%), mortgage or rent (35%) were top reasons people weren’t contributing more.

The Emotional Side of Retirement Anxiety

Retirement fears influence not just finances, but lifestyle, career choices, and family planning. Worries about independence, dignity, and quality of life often accompany fear of running short on funds.

Health care need are often underestimated too, complicating the equation. Medicare covers many basic services, but long‑term care, home assistance, and uncovered treatments can add large bills—adding uncertainty even for high‑income employees.

Broader Retirement Planning Matters

The Allianz findings emphasize planning well beyond just saving. With people living 25 to 30 years post‑work, a solid planning mindset is critical. As Kelly LaVigne, VP at Allianz Life, noted, “Americans areliving longer… your money needs to go farther. A good plan considers 25 to 30 years of retirement, not just the first ten.” ²

Key components often include:

Income strategies: setting up regular monthly disbursements from assets
Tax planning: reducing tax burdens on withdrawals
Health care planning: factoring in Medicare gaps and long‑term care
Inflation alignment: keeping income responsive to cost increases

Combined, these strategies can help build resilience, confidence, and preparedness even in uncertain times.

In Conclusion

The 2025 Allianz Retirement Study makes it clear: a majority of Americans—and Interpublic Group employees among them—see the threat of running out of money as more frightening than death. Rising inflation, health care spending, and uncertainty around Social Security are central drivers. Fewer are taking direct action through planning conversations or boosted contributions.

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Yet there is opportunity. The IRS now permits catch‑up 401(k) contributions of up to $11,250 for those aged 60–63 in 2025—above the standard limit. For many, this is a practical way to fortify resources in those final working years.

A Final Thought

Think of retirement like a long sea voyage. Death may be the storm ahead, but empty savings are the leak that can sink the ship first. According to the Allianz study, 64% of Americans fear that leak more than the storm. For Interpublic Group employees, the goal is to build a well-structured plan—with consistent income, planning for health costs, and tax awareness—that can keep the vessel afloat for the long haul.

Sources:

1. Allianz Life Insurance Company of North America, ' How Americans feel about retirement in 2025 ,' by the Allianz Center for the Future of Retirement ^TM , June 2025.

2. businesswire, ' Americans Are More Worried About Running Out of Money Than Death ,' April 22, 2025.

What type of retirement savings plan does Interpublic Group offer to its employees?

Interpublic Group offers a 401(k) retirement savings plan to its employees.

How can employees of Interpublic Group enroll in the 401(k) plan?

Employees of Interpublic Group can enroll in the 401(k) plan by completing the enrollment process through the company’s benefits portal.

Does Interpublic Group provide any matching contributions to the 401(k) plan?

Yes, Interpublic Group provides matching contributions to the 401(k) plan, subject to certain conditions.

What is the maximum contribution limit for the 401(k) plan at Interpublic Group?

The maximum contribution limit for the 401(k) plan at Interpublic Group follows the IRS guidelines, which may change annually.

When can employees of Interpublic Group start contributing to their 401(k) plan?

Employees of Interpublic Group can start contributing to their 401(k) plan after completing their eligibility period, typically within the first few months of employment.

Are there any fees associated with Interpublic Group’s 401(k) plan?

Yes, there may be administrative fees associated with Interpublic Group’s 401(k) plan, which are disclosed in the plan documents.

Can employees of Interpublic Group take loans against their 401(k) savings?

Yes, employees of Interpublic Group may be able to take loans against their 401(k) savings, subject to the plan’s terms and conditions.

What investment options are available in Interpublic Group’s 401(k) plan?

Interpublic Group’s 401(k) plan offers a variety of investment options, including mutual funds and other investment vehicles.

How often can employees change their contribution amounts to the 401(k) plan at Interpublic Group?

Employees of Interpublic Group can typically change their contribution amounts at any time, subject to the plan’s rules.

What happens to the 401(k) savings if an employee leaves Interpublic Group?

If an employee leaves Interpublic Group, they can either roll over their 401(k) savings to another retirement account or withdraw the funds, subject to tax implications.

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

Pension Plan Information: Identify documents or reports related to Interpublic Group’s pension plan. Locate specific details such as years of service and age qualifications, pension formulas, and the name of the pension plan. Ensure to mention the name of Interpublic Group three times in each description. 401(k) Plan Information: Find documents or reports detailing Interpublic Group’s 401(k) plan. Gather information on who qualifies for the 401(k) plan, the name of the 401(k) plan, and any specific terminology or acronyms used. Again, mention the name of Interpublic Group three times in the description.

Interpublic Group (IPG) experienced a challenging economic environment in 2023-2024, leading to restructuring efforts, which included layoffs and adjustments to employee benefits and pensions. The company focused on reducing operational costs, including salaries and related expenses, which decreased by 2.6% in the second quarter of 2024 (Interpublic Investors). These cost reductions were part of broader efforts to adapt to a tougher economic landscape, which also led to restructuring charges and other adjustments in company operations (IPG).

Interpublic Group (IPG) offers various employee stock options and Restricted Stock Units (RSUs) to its employees as part of their compensation plan. These stock options and RSUs are primarily available to senior executives and key employees as part of long-term incentive programs, aligning employee interests with shareholder returns. For 2022, 2023, and 2024, IPG's stock options are typically issued with a vesting period that spans several years. RSUs at IPG are structured similarly, with a defined vesting schedule, and recipients are awarded shares upon the completion of the vesting period. These plans are meant to retain key talent by offering substantial financial rewards tied to the company's performance. Eligibility for these programs depends on job role and tenure within the company, with a focus on those in leadership and performance-critical positions.

Interpublic Group (IPG) offers comprehensive health benefits to its employees that focus on physical and mental well-being. The company's healthcare plans include traditional health insurance, vision care, and access to Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs). One unique feature IPG promotes is the access to Health Advocate services, which provide 24/7 access to registered nurses and assistance in navigating healthcare decisions (Employee Benefits). In 2022 and 2023, the company emphasized enhancing employee well-being following the impact of the COVID-19 pandemic. This included increased attention to mental health resources and a focus on creating a balance between work and personal life. IPG also offers employee assistance programs (EAPs) to help employees manage stress, mental health, and family issues

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

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