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Navigating Inflation: Essential Insights for CME Group Employees to Safeguard Their Retirement Plans

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Healthcare Provider Update: Provides multiple medical plan designs, dental, vision, mental health support, and fertility benefits. Includes a 401(k) with match and pension plan 6. With ACA premiums expected to rise sharply, CMEs robust benefits package offers employees a more stable and cost-effective alternative. Click here to learn more

As a CME Group 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 CME Group 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 CME Group 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 CME Group 401(k) plan?

The CME Group 401(k) plan is a retirement savings plan that allows employees to save for their future by contributing a portion of their salary on a pre-tax or after-tax (Roth) basis.

How can I enroll in the CME Group 401(k) plan?

Employees can enroll in the CME Group 401(k) plan by accessing the benefits portal or contacting the HR department for enrollment instructions.

What is the employer match for the CME Group 401(k) plan?

CME Group offers an employer match on employee contributions, which is typically a percentage of the employee's contributions, subject to certain limits.

Are there any fees associated with the CME Group 401(k) plan?

Yes, the CME Group 401(k) plan may have administrative fees and investment-related fees, which are disclosed in the plan documents.

What investment options are available in the CME Group 401(k) plan?

The CME Group 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to help employees diversify their portfolios.

Can I change my contribution rate for the CME Group 401(k) plan?

Yes, employees can change their contribution rate for the CME Group 401(k) plan at any time by accessing the benefits portal.

What is the vesting schedule for CME Group's 401(k) employer match?

The vesting schedule for CME Group's 401(k) employer match typically follows a graded vesting schedule, which means employees earn ownership of the employer contributions over time.

Can I take a loan from my CME Group 401(k) plan?

Yes, employees may have the option to take a loan from their CME Group 401(k) plan, subject to specific terms and conditions outlined in the plan documents.

What happens to my CME Group 401(k) plan if I leave the company?

If you leave CME Group, you have several options for your 401(k) plan, including rolling it over to another retirement account, cashing it out, or leaving it in the CME Group plan if allowed.

How often can I change my investment allocations in the CME Group 401(k) plan?

Employees can typically change their investment allocations in the CME Group 401(k) plan at any time, though there may be restrictions on frequent trading.

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, CME Group has announced a restructuring plan involving a reduction of approximately 5% of its workforce. The company is also reviewing its pension plan and 401(k) contributions to align with new regulatory changes.
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For more information you can reach the plan administrator for CME Group at 20 S Wacker Dr Chicago, IL 60606; or by calling them at (312) 930-1000.

*Please see disclaimer for more information

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