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

Navigating Inflation: Essential Insights for Univision Communciations Employees to Safeguard Their Retirement Plans

As a Univision Communciations 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 Univision Communciations 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 Univision Communciations 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.

Featured Video

Articles you may find interesting:

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 Univision Communications?

The 401(k) plan at Univision Communications 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 the 401(k) plan at Univision Communications?

Employees can enroll in the 401(k) plan at Univision Communications by completing the enrollment form available through the HR portal or by contacting the HR department for assistance.

Does Univision Communications offer a company match for the 401(k) contributions?

Yes, Univision Communications offers a company match for employee contributions to the 401(k) plan, subject to specific terms and conditions outlined in the plan documents.

What are the contribution limits for the 401(k) plan at Univision Communications?

The contribution limits for the 401(k) plan at Univision Communications follow the IRS guidelines, which may change annually. Employees should refer to the latest IRS announcements for current limits.

Can I change my contribution percentage for the 401(k) plan at Univision Communications?

Yes, employees can change their contribution percentage for the 401(k) plan at Univision Communications at any time by submitting a request through the HR portal.

What investment options are available in the Univision Communications 401(k) plan?

The 401(k) plan at Univision Communications 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.

When can I access my 401(k) funds from Univision Communications?

Employees can access their 401(k) funds from Univision Communications upon reaching retirement age, or under certain circumstances such as financial hardship or termination of employment, subject to plan rules.

Is there a vesting schedule for the company match in the Univision Communications 401(k) plan?

Yes, Univision Communications has a vesting schedule for the company match, which determines how much of the employer contributions employees are entitled to based on their years of service.

What happens to my 401(k) plan if I leave Univision Communications?

If you leave Univision Communications, you have several options for your 401(k) plan, including rolling it over to another retirement account, leaving it with the plan, or cashing it out, subject to taxes and penalties.

Can I take a loan against my 401(k) at Univision Communications?

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