Discover the Top 5 Advantages of Continuing to Work in Retirement for Rent-A-Center Employees

Healthcare Provider Update: Healthcare Provider for Rent-A-Center Rent-A-Center typically partners with various health insurance providers to offer benefits to its employees, though specific details about their healthcare provider relationships can vary. As of now, Rent-A-Center generally offers a healthcare benefits package that includes options from major insurers, including but not limited to, UnitedHealthcare and Aetna. These plans often provide comprehensive coverage that encompasses medical, dental, and vision care. Potential Healthcare Cost Increases in 2026 Looking ahead to 2026, Rent-A-Center and its employees may face significant increases in healthcare costs due to anticipated record premium hikes in the Affordable Care Act (ACA) marketplace. Estimates suggest that without renewed federal subsidies, many individuals could see their out-of-pocket premiums soar by over 75%. Contributing factors include rising medical costs and the potential expiration of enhanced subsidies provided under previous legislation. This compounded effect of escalating premium rates from insurers could place considerable financial pressure on employees seeking coverage through the ACA marketplace, impacting overall healthcare affordability in the workplace. 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 Rent-A-Center.

 

1. Mental Benefits

Working during your Rent-A-Center 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 Rent-A-Center 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 Rent-A-Center 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 Rent-A-Center.

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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