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

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How Everyday Choices Impact Teledyne Technologies Employees’ Paths to a Stronger Retirement

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Healthcare Provider Update: Healthcare Provider for Teledyne Technologies Teledyne Technologies does not have a singular healthcare provider, as it offers a variety of health insurance options through multiple insurers for its employees. The specific options available can depend on the location and the insurance marketplace focus utilized by the company. Employees typically select from plans that address their particular health needs and preferences. Potential Healthcare Cost Increases for Teledyne Technologies in 2026 As healthcare costs continue to escalate, Teledyne Technologies employees and retirees may bristle under the weight of anticipated premium hikes in 2026. With the potential expiration of federal premium subsidies from the Affordable Care Act (ACA), some enrollees could see monthly premiums soar by over 75%. This dramatic uptick is compounded by an industry-wide trend of rising medical costs and significant rate increases from large insurers. Employees must strategically prepare for these potential disruptions by reviewing their healthcare plans and opting for services ahead of time, to mitigate the financial burden in the event of steep pricing changes. Click here to learn more

'Many Teledyne Technologies employees overlook how everyday spending habits influence their long-term goals, making it important to understand how consistent financial discipline in small decisions can be just as impactful as major investment choices when preparing for retirement.'— Wesley Boudreaux, a representative of The Retirement Group, a division of Wealth Enhancement.

'Teledyne Technologies employees can strengthen their retirement outlook by recognizing that sustainable wealth often grows from steady, mindful habits rather than big financial moves,' — Patrick Ray, a representative of The Retirement Group, a division of Wealth Enhancement.

In this article, we will discuss:

  1. The hidden cost of convenience and its impact on wealth.

  2. How small savings can compound over time to strengthen retirement readiness.

  3. Practical money habits that support fiscal discipline across generations.

Maintaining Your Standard of Living: Small Habits That Build Long-Term Wealth

by Brent Wolf, CPA, Wealth Enhancement

I recently spoke with a client who had carefully built significant savings through years of consistent fiscal discipline. When his children remarked that “baby boomers had it easy,” he simply replied, “We just learned to live within our means.” That mindset remains just as valuable today for Teledyne Technologies employees preparing for retirement.

The Hidden Cost of Convenience

Modern conveniences can quietly erode long-term wealth. Services like Uber Eats, DoorDash, and Grubhub can make life easier, but research shows that delivery orders can cost between 80% and 105% more than picking up the same meal yourself. 1  These additional costs often stem from:

  • - Restaurants increasing menu prices by 20–30% for delivery app orders 2

  • - Added platform service and delivery fees

  • - Extra taxes layered into the total

  • - Tips on top of already inflated costs

Essentially, you’re paying more for someone else to handle the task—not for a better product.

How Small Savings Compound Over Time

Choosing to cook at home or pick up meals rather than relying on delivery can save roughly $250 per week, or about $13,000 per year. 3  Over two decades, that amounts to $260,000 in cash savings. If those savings were invested and grew at a 10% annual rate, they could potentially reach $687,300. 4  That's a lot of savings for an incremental change, enough to substantially influence retirement readiness for many Teledyne Technologies employees.

Building Better Money Habits

Reducing unnecessary spending doesn’t mean giving up what you enjoy. Consider these practical steps:

  • - Call restaurants directly and pick up your meal instead of ordering through apps

  • - Prepare more meals at home

  • - Walk to nearby restaurants instead of paying for delivery

Long-term fiscal strength often results from steady, thoughtful habits that align with broader goals—something Teledyne Technologies employees can integrate into their daily routines.

Taking the Next Step

Growth rarely comes from one major decision; it’s built through consistent, intentional behaviors. By rethinking spending habits and redirecting small savings, you can make meaningful progress toward long-term retirement goals.

The Retirement Group can help Teledyne Technologies employees understand how everyday savings may support their broader strategy. To discuss how these principles can fit into your retirement planning, call (800) 900-5867 to speak with a financial professional today.

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What type of 401(k) plan does Teledyne Technologies offer?

Teledyne Technologies offers a traditional 401(k) plan that allows employees to save for retirement on a tax-deferred basis.

How can employees of Teledyne Technologies enroll in the 401(k) plan?

Employees can enroll in the Teledyne Technologies 401(k) plan through the company’s HR portal during the open enrollment period or upon their eligibility date.

What is the employer match for the 401(k) plan at Teledyne Technologies?

Teledyne Technologies provides a matching contribution up to a certain percentage of the employee's salary, which is detailed in the plan summary.

Are there any eligibility requirements to participate in the Teledyne Technologies 401(k) plan?

Yes, employees must meet certain eligibility criteria, such as age and length of service, to participate in the Teledyne Technologies 401(k) plan.

Can employees of Teledyne Technologies change their contribution percentage?

Yes, employees can change their contribution percentage at any time through the HR portal or by contacting the benefits department at Teledyne Technologies.

What investment options are available in the Teledyne Technologies 401(k) plan?

The Teledyne Technologies 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and company stock.

Does Teledyne Technologies allow for loans against the 401(k) plan?

Yes, Teledyne Technologies allows employees to take loans against their 401(k) balance, subject to certain terms and conditions outlined in the plan.

What happens to my 401(k) account if I leave Teledyne Technologies?

If you leave Teledyne Technologies, you can either roll over your 401(k) balance to another qualified plan, cash out, or leave it in the Teledyne Technologies plan if you meet the minimum balance requirement.

How often can employees contribute to the Teledyne Technologies 401(k) plan?

Employees can contribute to the Teledyne Technologies 401(k) plan through payroll deductions, which occur with each paycheck.

Is there a vesting schedule for the employer match in the Teledyne Technologies 401(k) plan?

Yes, there is a vesting schedule for the employer match in the Teledyne Technologies 401(k) plan, which determines when employees fully own the employer contributions.

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