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

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Navigating Inflation: Essential Insights for Altice USA Employees to Safeguard Their Retirement Plans

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Healthcare Provider Update: Altice USA offers comprehensive healthcare benefits including medical (with pharmacy), dental, and vision coverage, along with supplemental options like critical illness and hospital indemnity insurance 1. With ACA premiums expected to rise sharply in 2026, employeesespecially those nearing retirement or using marketplace plansare encouraged to compare employer-sponsored options and coordinate early with HR and a tax advisor to manage potential cost increases Click here to learn more

As a Altice USA employee earning a good wage, remember when everyday products were much cheaper than they are now? That's a real-life example of inflation, an unavoidable phenomenon that erodes the value of money by pushing prices up over time. If capital isn't being put to work and making a return during inflationary periods, the purchasing power of investor capital is declining.

 

'If capital isn't being put to work and making a return during inflationary periods, the purchasing power of investor capital is declining.' woman signing on white printer paper beside woman about to touch the documents

 


As a Altice USA employee interested in investing, it is important to consider how investors have a wide range of tools at their disposal to protect their portfolios from inflation. Some prefer inflation-protected bonds, while others swear by commodities such as gold as effective inflation hedges. Investing in stocks has historically been one of the best ways to offset, or even outpace, inflation's degenerative effects on one's savings. For Altice USA employees, it is important to account for this information when planning your finances as to create a portfolio that minimizes volatility and accounts for inflation.

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We still have a tremendous amount of interest from advisors looking into commodity funds, ETFs and other inflation protection instruments to protect against potential inflation.

What is the 401(k) plan offered by Altice USA?

The 401(k) plan offered by Altice USA is a retirement savings plan that allows employees to save a portion of their paycheck before taxes are taken out.

How can I enroll in Altice USA's 401(k) plan?

Employees can enroll in Altice USA's 401(k) plan by accessing the benefits portal or contacting the HR department for guidance on the enrollment process.

Does Altice USA match contributions to the 401(k) plan?

Yes, Altice USA offers a matching contribution to the 401(k) plan, helping employees to maximize their retirement savings.

What is the maximum contribution limit for Altice USA's 401(k) plan?

The maximum contribution limit for Altice USA's 401(k) plan follows the IRS guidelines, which may change annually. Employees should check the latest limits for the current year.

When can I start withdrawing from my Altice USA 401(k) plan?

Employees can generally start withdrawing from their Altice USA 401(k) plan without penalties after reaching the age of 59½, though there are specific rules regarding hardship withdrawals.

Can I take a loan against my Altice USA 401(k) plan?

Yes, Altice USA allows employees to take loans against their 401(k) plan, subject to specific terms and conditions outlined in the plan documents.

What investment options are available in Altice USA's 401(k) plan?

Altice USA's 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles, allowing employees to choose based on their risk tolerance and retirement goals.

How often can I change my contribution amount to Altice USA's 401(k) plan?

Employees can change their contribution amount to Altice USA's 401(k) plan at any time, subject to the plan's guidelines and payroll processing schedules.

Is there a vesting schedule for Altice USA's 401(k) matching contributions?

Yes, Altice USA has a vesting schedule for matching contributions, meaning employees must work for the company for a certain period to fully own the matched funds.

How can I check my Altice USA 401(k) account balance?

Employees can check their Altice USA 401(k) account balance by logging into the benefits portal or contacting the plan administrator for assistance.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
In 2024, Altice USA announced a major restructuring plan, including significant layoffs and benefit reductions. The company is streamlining operations and focusing on improving profitability amidst rising operational costs.
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For more information you can reach the plan administrator for Altice USA at 1 Court Square, West Long Island City, NY 11101; or by calling them at (516) 803-2300.

*Please see disclaimer for more information

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