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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 Plexus Employees to Safeguard Their Retirement Plans

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Healthcare Provider Update: Healthcare Provider for Plexus: Plexus, a notable player in its industry, contracts primarily with UnitedHealthcare for its employee health insurance plans. This partnership offers employees access to a range of healthcare services through a established network, ensuring both comprehensive coverage and support for their medical needs. Healthcare Cost Increases in 2026: In 2026, healthcare costs are projected to rise significantly due to a combination of factors, with some states anticipating record premium increases that could exceed 60%. Key contributors to this surge include escalating medical inflation, the potential expiration of enhanced federal premium subsidies, and aggressive rate hikes from major insurers. As a consequence, employees and retirees of Plexus who utilize Affordable Care Act (ACA) marketplace plans may experience a staggering increase in out-of-pocket premium costs, with reports indicating that over 22 million policyholders could see their premiums jump by more than 75%. Individuals are advised to prepare early for these changes to mitigate the financial impact. Click here to learn more

As a Plexus 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 Plexus 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 Plexus 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 Plexus?

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

How does Plexus match employee contributions to the 401(k) plan?

Plexus offers a matching contribution to the 401(k) plan, matching 50% of employee contributions up to a certain percentage of their salary.

When can employees at Plexus enroll in the 401(k) plan?

Employees at Plexus can enroll in the 401(k) plan during their initial onboarding or during the annual open enrollment period.

What are the eligibility requirements for Plexus's 401(k) plan?

To be eligible for Plexus's 401(k) plan, employees must be at least 21 years old and have completed one year of service with the company.

Can employees at Plexus take loans against their 401(k) savings?

Yes, Plexus allows employees to take loans against their 401(k) savings, subject to certain limits and repayment terms.

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

Plexus offers a variety of investment options in its 401(k) plan, including mutual funds, target-date funds, and company stock.

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

Employees at Plexus can change their contribution amounts to the 401(k) plan at any time, subject to payroll processing deadlines.

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

Yes, Plexus has a vesting schedule for matching contributions, which typically requires employees to work for the company for a certain number of years before they fully own the matched funds.

What happens to my Plexus 401(k) if I leave the company?

If you leave Plexus, you can choose to roll over your 401(k) balance to another retirement account, cash out, or leave it in the Plexus plan if you have a sufficient balance.

Are there any fees associated with Plexus's 401(k) plan?

Yes, Plexus's 401(k) plan may have administrative fees and fund management fees, which are disclosed in the plan documents.

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For more information you can reach the plan administrator for Plexus at , ; or by calling them at .

*Please see disclaimer for more information

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