/General/General%209.png?width=1280&height=853&name=General%209.png)
Healthcare Provider Update: Offers best-in-class healthcare, HSA, wellness programs, and parental leave 4. ACA-related planning is encouraged for retirees facing potential subsidy loss and rising costs Click here to learn more
As a Verisk Analytics 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.' |
|
As a Verisk Analytics 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 Verisk Analytics 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:
- Corporate Employees: 8 Factors When Choosing a Mutual Fund
- Use of Escrow Accounts: Divorce
- Medicare Open Enrollment for Corporate Employees: Cost Changes in 2024!
- Stages of Retirement for Corporate Employees
- 7 Things to Consider Before Leaving Your Company
- How Are Workers Impacted by Inflation & Rising Interest Rates?
- Lump-Sum vs Annuity and Rising Interest Rates
- Internal Revenue Code Section 409A (Governing Nonqualified Deferred Compensation Plans)
- Corporate Employees: Do NOT Believe These 6 Retirement Myths!
- 401K, Social Security, Pension – How to Maximize Your Options
- Have You Looked at Your 401(k) Plan Recently?
- 11 Questions You Should Ask Yourself When Planning for Retirement
- Worst Month of Layoffs In Over a Year!
- Corporate Employees: 8 Factors When Choosing a Mutual Fund
- Use of Escrow Accounts: Divorce
- Medicare Open Enrollment for Corporate Employees: Cost Changes in 2024!
- Stages of Retirement for Corporate Employees
- 7 Things to Consider Before Leaving Your Company
- How Are Workers Impacted by Inflation & Rising Interest Rates?
- Lump-Sum vs Annuity and Rising Interest Rates
- Internal Revenue Code Section 409A (Governing Nonqualified Deferred Compensation Plans)
- Corporate Employees: Do NOT Believe These 6 Retirement Myths!
- 401K, Social Security, Pension – How to Maximize Your Options
- Have You Looked at Your 401(k) Plan Recently?
- 11 Questions You Should Ask Yourself When Planning for Retirement
- Worst Month of Layoffs In Over a Year!
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 Verisk Analytics?
The 401(k) plan at Verisk Analytics is a retirement savings plan that allows employees to save a portion of their salary on a tax-deferred basis.
How can employees at Verisk Analytics enroll in the 401(k) plan?
Employees at Verisk Analytics can enroll in the 401(k) plan through the company’s HR portal or by contacting the HR department for assistance.
Does Verisk Analytics offer a company match for the 401(k) contributions?
Yes, Verisk Analytics offers a company match for employee contributions to the 401(k) plan, helping employees maximize their retirement savings.
What is the eligibility requirement for Verisk Analytics' 401(k) plan?
Employees at Verisk Analytics typically become eligible for the 401(k) plan after completing a specified period of service, as outlined in the employee handbook.
Can employees at Verisk Analytics change their contribution percentage to the 401(k) plan?
Yes, employees at Verisk Analytics can change their contribution percentage at any time, subject to the plan's guidelines.
What investment options are available in the Verisk Analytics 401(k) plan?
The 401(k) plan at Verisk Analytics offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.
Is there a vesting schedule for the company match in the Verisk Analytics 401(k) plan?
Yes, Verisk Analytics has a vesting schedule for the company match, which means employees must work for a certain period before they fully own the matched contributions.
How often can employees at Verisk Analytics review their 401(k) account statements?
Employees at Verisk Analytics can review their 401(k) account statements quarterly, and they can also access their account information online at any time.
What happens to the 401(k) plan if an employee leaves Verisk Analytics?
If an employee leaves Verisk Analytics, they can choose to roll over their 401(k) balance into another retirement account, cash out, or leave the funds in the Verisk Analytics plan, subject to the plan's rules.
Are there loans available against the 401(k) plan for employees of Verisk Analytics?
Yes, Verisk Analytics allows employees to take loans against their 401(k) balance, subject to the terms and conditions of the plan.
-2.png?width=300&height=200&name=office-builing-main-lobby%20(52)-2.png)
.webp?width=300&height=200&name=office-builing-main-lobby%20(27).webp)
-2.png)
.webp)