Healthcare Provider Update: Healthcare Provider Information for Jones Lang LaSalle Jones Lang LaSalle (JLL) offers a comprehensive range of healthcare real estate services. The company specializes in managing, optimizing, and developing healthcare facilities, leveraging its deep expertise to support healthcare providers in enhancing operational efficiency and improving patient care environments. Through its Healthcare Center of Excellence, JLL provides clients with tailored real estate solutions to navigate the complexities of the healthcare landscape effectively. Potential Healthcare Cost Increases in 2026 As we head into 2026, healthcare costs are projected to see significant increases due to a perfect storm of factors. Record hikes in health insurance premiums for ACA marketplace plans, sometimes exceeding 60% in various states, combined with the likely expiration of enhanced federal subsidies, could result in over 75% more out-of-pocket premiums for the majority of enrollees. Coupled with persistent medical cost inflation driven by high hospital and drug prices, consumers may find healthcare increasingly unaffordable unless proactive steps are taken now. The evolving regulatory environment will further complicate the landscape, emphasizing the necessity for strategic decisions in coverage and care. Click here to learn more
Jones Lang LaSalle employees who have a lump sum option and are considering taking a lump-sum payment from Jones Lang LaSalle need to move fast.
You shouldn’t wait much longer to decide, as the Federal Reserve’s planned series of interest-rate increases stands to reduce the size of the payout.
Lump-sum payouts, if available to you from Jones Lang LaSalle, are calculated by determining the present value of your future monthly guaranteed pension income, using factors based on age, mortality tables published by the Society of Actuaries, and the Internal Revenue Service’s minimum present value segment rates.
There is an inverse relationship between interest rates and lump-sum pension payouts. When rates are low, the calculated payout rises because it takes a higher initial sum to arrive at the same future value of your lifetime monthly payments. As interest rates climb, it takes a lower initial sum to arrive at the same future value of those monthly payments, so the lump-sum buyout decreases.
As a Jones Lang LaSalle employee, it is important to understand how companies sometimes offer lump-sum pension buyouts to workers at or near retirement, and former employees with vested pension benefits who haven’t begun taking monthly payments. This reduces the total obligations and risk within their plans.
As interest rates rise, more corporations will offer pension buyouts intending to reduce pension obligations on their balance sheet while paying out smaller lump sums.
As a Jones Lang LaSalle employee potentially being offered a lump-sum payment, it is important to consider the risks associated with this alternative. According to research published in February by MetLife, in an online survey of 1,911 Americans ages 50 to 75 last fall, 34% of retirees who took a lump-sum buyout from their defined-contribution plan depleted that sum within five years.
With that taken into account, it becomes worthy to consider collecting monthly payments for the remainder of one's life as an alternative to the lump sum. Furthermore, given the availability of a survivor benefit, payment would carry on past the owner's death to the end of their spouse's life. Monthly checks provide longevity protection, preventing seniors from depleting their assets during a lengthy retirement.
According to the MetLife survey, 79% of retirees who took a lump sum made at least one major purchase, such as a vehicle, vacation, or a new or second home, within a year of getting their money. Monthly payments can serve as “guard rails” and prevent overspending, providing retirees with an established spending limit.
Although receiving monthly benefits may promote longevity by establishing monthly limits, the alternative of taking a lump sum is a better option for some. Those in poor health may not live long enough to collect all the money in monthly payments, and taking the lump sum now may allow them to leave more money to heirs. Single retirees may also opt for the lump sum since they aren't responsible for providing income to their spouse post-death.
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Some pension plans have capped benefits, so workers who have been with the company for most of their lives might not earn higher monthly payments by sticking around. Under circumstances like these, one may opt to retire with a lump sum prior to the rise of interest rates and work elsewhere.
Those with other assets besides their pension and Social Security may opt to take a lump sum. Having other assets provides enough security to afford the added risk of investing the buyout and seeking a better return. Similarly, seniors who plan to work full or part-time may want to invest part of their lump sum, knowing that their regular paychecks will help them weather a market downturn.
Rising inflation rates may make the lump sum option more attractive compared to the monthly payments. Assuming an annual inflation rate of 3%, a $1,000 monthly payment today will be equivalent to about $744.09 in 10 years. With that in consideration, it becomes beneficial for Jones Lang LaSalle retirees to sit down with a financial adviser and calculate which option is best for their specific case.
Indexed annuities offer principal protection and the opportunity for investment gains when the market rises, serving as a hedge against inflation. Those retiring from Jones Lang LaSalle companies should be aware of the high costs associated with many annuities and understand the details before exercising the purchase.
Using a lump sum to buy an annuity can prove to be of benefit when retirees fear the financial instability of their employer. Private-sector workers should inquire about their company's participation in the Pension Benefit Guaranty Corp., which covers a portion of their monthly benefits in the event that an employer’s pension fund becomes insolvent.
Democratic Sens. Patty Murray of Washington, Tina Smith of Minnesota, and Tammy Baldwin of Wisconsin reintroduced a bill that holds sponsors of pension plans accountable for providing detailed information to participants about proposed pension buyouts. The bill, known as the Inform Act, urges sponsors to provide a comparison of benefits participants would receive if they take the buyout or accept monthly payments, as well as an explanation of how the lump sum was calculated.
What is the 401(k) plan offered by Jones Lang LaSalle?
The 401(k) plan at Jones Lang LaSalle is a retirement savings plan that allows employees to save a portion of their salary on a pre-tax basis, helping them build a nest egg for retirement.
Does Jones Lang LaSalle match employee contributions to the 401(k) plan?
Yes, Jones Lang LaSalle offers a matching contribution to the 401(k) plan, which helps employees maximize their retirement savings.
How can employees at Jones Lang LaSalle enroll in the 401(k) plan?
Employees can enroll in the 401(k) plan at Jones Lang LaSalle by accessing the benefits portal or contacting the HR department for assistance.
What types of investment options are available in the Jones Lang LaSalle 401(k) plan?
The Jones Lang LaSalle 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and company stock.
When can employees at Jones Lang LaSalle start contributing to their 401(k) plan?
Employees at Jones Lang LaSalle can typically start contributing to their 401(k) plan after completing their initial eligibility period, which is outlined in the employee handbook.
Is there a vesting schedule for the employer match in the Jones Lang LaSalle 401(k) plan?
Yes, Jones Lang LaSalle has a vesting schedule for the employer match, which means employees must work for a certain period to fully own the matched contributions.
Can employees take loans against their 401(k) savings at Jones Lang LaSalle?
Yes, employees can take loans against their 401(k) savings at Jones Lang LaSalle, subject to specific terms and conditions outlined in the plan documents.
What happens to the 401(k) plan if an employee leaves Jones Lang LaSalle?
If an employee leaves Jones Lang LaSalle, they have several options for their 401(k) plan, including rolling it over to an IRA or a new employer's plan, or cashing it out.
How often can employees change their contribution rate to the Jones Lang LaSalle 401(k) plan?
Employees at Jones Lang LaSalle can change their contribution rate to the 401(k) plan at designated times throughout the year, as specified in the plan guidelines.
Are there any fees associated with the 401(k) plan at Jones Lang LaSalle?
Yes, there may be fees associated with the 401(k) plan at Jones Lang LaSalle, which are disclosed in the plan documents and can vary based on investment choices.