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Navigating Inflation: Essential Insights for Clear Channel Outdoor Holdings Employees to Safeguard Their Retirement Plans

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Healthcare Provider Update: Offers health insurance, dental, vision, life, and disability coverage, along with Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs). Employees also receive paid holidays, sick leave, and access to wellness programs and supplemental insurance options like long-term care and pet insurance 1. With ACA premiums projected to rise by 1518% in 2026 and enhanced subsidies set to expire, Clear Channels employer-sponsored benefitsespecially tax-advantaged FSAs and HSAsoffer a more stable and cost-effective alternative to increasingly expensive marketplace plans. Click here to learn more

As a Clear Channel Outdoor Holdings 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 Clear Channel Outdoor Holdings 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 Clear Channel Outdoor Holdings 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 type of retirement savings plan does Clear Channel Outdoor Holdings offer to its employees?

Clear Channel Outdoor Holdings offers a 401(k) retirement savings plan to its employees.

Is Clear Channel Outdoor Holdings' 401(k) plan available to all employees?

Yes, the 401(k) plan at Clear Channel Outdoor Holdings is available to all eligible employees.

Does Clear Channel Outdoor Holdings match employee contributions to the 401(k) plan?

Yes, Clear Channel Outdoor Holdings provides a matching contribution to employee 401(k) plan contributions, subject to certain limits.

What is the maximum contribution limit for the 401(k) plan at Clear Channel Outdoor Holdings?

The maximum contribution limit for the 401(k) plan at Clear Channel Outdoor Holdings is in accordance with IRS guidelines, which may change annually.

Can employees of Clear Channel Outdoor Holdings take loans against their 401(k) savings?

Yes, Clear Channel Outdoor Holdings allows employees to take loans against their 401(k) savings, subject to specific terms and conditions.

What investment options are available in the Clear Channel Outdoor Holdings 401(k) plan?

The Clear Channel Outdoor Holdings 401(k) plan offers a variety of investment options, including mutual funds and target-date funds.

When can employees of Clear Channel Outdoor Holdings start contributing to their 401(k) plan?

Employees of Clear Channel Outdoor Holdings can typically start contributing to their 401(k) plan after completing a specified period of employment.

Does Clear Channel Outdoor Holdings provide educational resources for employees regarding their 401(k) plan?

Yes, Clear Channel Outdoor Holdings offers educational resources and tools to help employees understand their 401(k) plan options.

How can employees of Clear Channel Outdoor Holdings access their 401(k) account information?

Employees can access their 401(k) account information through the online portal provided by Clear Channel Outdoor Holdings' plan administrator.

Are there any fees associated with the 401(k) plan at Clear Channel Outdoor Holdings?

Yes, there may be fees associated with the 401(k) plan at Clear Channel Outdoor Holdings, which are disclosed in the plan documents.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Clear Channel Outdoor Holdings announced a significant restructuring plan aimed at reducing operational costs. This includes layoffs and potential benefit adjustments.
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For more information you can reach the plan administrator for Clear Channel Outdoor Holdings at 200 E Basse Rd San Antonio, TX 78209; or by calling them at (210) 832-3700.

*Please see disclaimer for more information

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