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

Navigating Inflation: Essential Insights for Newell Brands Employees to Safeguard Their Retirement Plans

Healthcare Provider Update: Healthcare Provider for Newell Brands: Newell Brands employees often utilize a healthcare plan through large national insurers such as UnitedHealthcare, Anthem, and Cigna. Specific offerings can vary based on the employee's location and the plan they choose, and Newell typically provides a comprehensive suite of benefits focused on preventive care, wellness, and prescription medications. Potential Healthcare Cost Increases in 2026: As we approach 2026, Newell Brands employees should brace for significant healthcare cost increases. Premiums in the ACA marketplace are anticipated to rise sharply, with some states seeing hikes over 60%. This surge is primarily driven by expiring federal subsidies and increasing medical costs, leading to a potential 75% increase in out-of-pocket expenses for individuals reliant on these plans. Employees should proactively review their benefit options and strategize to manage these heightened healthcare expenses, considering changes in deductibles and out-of-pocket maximums that employers may implement in response to rising costs. Click here to learn more

As a Newell Brands 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.'

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As a Newell Brands 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 Newell Brands 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 plan does Newell Brands offer to its employees?

Newell Brands offers a 401(k) retirement savings plan to help employees save for their future.

Does Newell Brands match employee contributions to the 401(k) plan?

Yes, Newell Brands provides a matching contribution to the 401(k) plan, which helps employees maximize their retirement savings.

What is the eligibility requirement to participate in Newell Brands' 401(k) plan?

Employees of Newell Brands are typically eligible to participate in the 401(k) plan after completing a specified period of service, usually within the first year of employment.

How can Newell Brands employees enroll in the 401(k) plan?

Newell Brands employees can enroll in the 401(k) plan through the company’s HR portal or by contacting their HR representative for assistance.

What investment options are available in Newell Brands' 401(k) plan?

Newell Brands offers a variety of investment options within the 401(k) plan, including mutual funds, target-date funds, and company stock, allowing employees to diversify their portfolios.

Can Newell Brands employees take loans against their 401(k) savings?

Yes, Newell Brands allows employees to take loans against their 401(k) savings, subject to the plan's terms and conditions.

What is the vesting schedule for Newell Brands' 401(k) matching contributions?

The vesting schedule for Newell Brands' 401(k) matching contributions typically follows a graded vesting schedule, which means employees earn ownership of the match over a period of time.

Are there any fees associated with Newell Brands' 401(k) plan?

Yes, Newell Brands' 401(k) plan may have administrative fees and investment-related fees, which are disclosed in the plan documents provided to employees.

How often can Newell Brands employees change their contribution amounts to the 401(k) plan?

Newell Brands employees can change their contribution amounts to the 401(k) plan during designated enrollment periods or as allowed by the plan's rules.

What happens to my 401(k) savings if I leave Newell Brands?

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