Discover the Top 5 Advantages of Continuing to Work in Retirement for Reliance Steel & Aluminum Employees

Healthcare Provider Update: Healthcare Provider Information for Reliance Steel & Aluminum The healthcare provider for Reliance Steel & Aluminum is managed through a range of employee benefits, often in partnership with major national insurers and specific local plans tailored to their workforce needs. For specific details about the healthcare plan offerings, employees are encouraged to check with the HR department or benefits administrator. Potential Healthcare Cost Increases in 2026 Healthcare costs are poised to rise significantly in 2026, posing challenges for Reliance Steel & Aluminum employees. As record-high increases in ACA premiums loom-some states expect hikes over 60%-many workers may experience greater financial burdens. This rise can largely be attributed to the expiration of enhanced federal subsidies and escalating medical service costs. Consequently, without strategic planning and benefit adjustments, employees could face substantial out-of-pocket healthcare expenses that strain household budgets during an economically uncertain period. 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 Reliance Steel & Aluminum.

 

1. Mental Benefits

Working during your Reliance Steel & Aluminum 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 Reliance Steel & Aluminum 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 Reliance Steel & Aluminum 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 Reliance Steel & Aluminum.

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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