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

Discover the Top 5 Advantages of Continuing to Work in Retirement for Conduent Employees

Healthcare Provider Update: Healthcare Provider for Conduent: Conduent is recognized as a leading provider of healthcare payer services. The company operates extensively within the healthcare sector, facilitating a range of solutions that enhance operational efficiencies for payers. Healthcare Cost Increases in 2026: As we look ahead to 2026, substantial healthcare cost increases are anticipated, driven largely by sharp hikes in Affordable Care Act (ACA) premiums that could exceed 60% in some states. Insurers attribute these rate increases to a confluence of factors, including escalating medical costs, the potential loss of enhanced federal premium subsidies, and aggressive pricing from top insurers. This unsettling trend may lead to a staggering 75% increase in out-of-pocket premium costs for millions of consumers, constraining access to affordable healthcare options and significantly impacting budgeting for families nationwide. Click here to learn more

In the past, retirement has been portrayed as an ending, a grand exit from your years in the workplace. But the rules are shifting. Labor force participation among those aged 65-74 is predicted to reach 32 percent by 2022, up from just 20 percent in 2002.(1) As the Boomer generation ages, more people are viewing retirement as an opportunity to enjoy the rewards of work in a whole new way. Read on to discover some of the benefits you can enjoy after you retire from Conduent.

1. Mental Benefits

Working during your Conduent retirement can help maintain mental agility as you learn new skills. Staying engaged in work helps build 'mental muscle,' which can lessen the risk of developing dementia and Alzheimers(2) and ward off the signs of aging.

2.. Physical Benefits

Staying active during your Conduent retirement years is crucial for continued health. Whether you choose to work full-time or volunteer a few days a week, engaging in some form of work will keep your body moving, and give you opportunities to stay balanced, strong, and healthy.

3. Financial Benefits

Besides the obvious extra income, working during your Conduent retirement may allow you to delay taking Social Security benefits. For every year you wait to take Social Security, your benefits can increase by an average of 8 percent annually.(3) Finding a strategy that works for you can truly pay off.

4. Emotional Benefits

Studies have shown that a sense of purpose has been found to lengthen lifespan and quality of life.4 Working on something you care about, starting a new business, or mentoring others in the workplace can ward off depression and provide a healthy sense of fulfillment and direction in your years or retirement from Conduent.

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5. Social Benefits

One of the risks associated with retirement is increased isolation, which in terms of its impact on your health, has been equated with smoking nearly a pack of cigarettes a day.5 Working with others reduces this risk, giving you a chance to build connections and enjoy meaningful interactions.

Sources

1. AARP.org, February/March 2015

2. Forbes, 2017

3. Social Security Administration, 2017

4. Association for Psychological Science, 2017

What is the Conduent 401(k) plan?

The Conduent 401(k) plan is a retirement savings plan that allows employees to save a portion of their earnings in a tax-advantaged account to help prepare for retirement.

How can I enroll in the Conduent 401(k) plan?

Employees can enroll in the Conduent 401(k) plan by visiting the company’s benefits portal or contacting the HR department for guidance on the enrollment process.

What are the contribution limits for the Conduent 401(k) plan?

The contribution limits for the Conduent 401(k) plan are set annually by the IRS. Employees should check the latest IRS guidelines for the current limits.

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

Yes, Conduent offers a company match for employee contributions to the 401(k) plan, which helps employees to save more for retirement.

When can I start contributing to the Conduent 401(k) plan?

Employees can start contributing to the Conduent 401(k) plan after completing the eligibility requirements, which are outlined in the plan documents.

Can I change my contribution amount for the Conduent 401(k) plan?

Yes, employees can change their contribution amount for the Conduent 401(k) plan at any time, subject to the plan’s guidelines.

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

The Conduent 401(k) plan offers a variety of investment options, including mutual funds, stocks, and bonds, allowing employees to choose based on their risk tolerance and retirement goals.

How often can I make changes to my investment choices in the Conduent 401(k) plan?

Employees can typically make changes to their investment choices in the Conduent 401(k) plan on a quarterly basis or as specified in the plan documents.

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

If you leave Conduent, you have several options for your 401(k) plan, including rolling it over to another retirement account, cashing it out, or leaving it with Conduent until you reach retirement age.

Is there a loan option available in the Conduent 401(k) plan?

Yes, the Conduent 401(k) plan may offer a loan option, allowing employees to borrow against their savings under specific conditions.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.

Layoffs and Restructuring: Conduent announced a significant reduction in its workforce, aiming to streamline operations and cut costs due to underperformance in its core business areas. The restructuring plan includes layoffs affecting approximately 15% of the global workforce.

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For more information you can reach the plan administrator for Conduent at 100 Campus Drive Florham Park, NJ 7932; or by calling them at (844) 663-2638.