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

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

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Healthcare Provider Update: Healthcare Provider for TTM Technologies TTM Technologies offers healthcare benefits primarily through major insurance carriers, including UnitedHealthcare and Anthem Blue Cross Blue Shield, providing comprehensive coverage options to its employees. Potential Healthcare Cost Increases in 2026 In 2026, TTM Technologies employees may face significant increases in healthcare costs, marking a critical shift in affordability. With potential ACA premium hikes exceeding 60% in some states, and enhanced federal premium subsidies set to expire, over 22 million enrollees could see their out-of-pocket costs rise by more than 75%. As a result, businesses like TTM are reassessing their health benefits, potentially transferring more costs to employees, which could lead to increased deductibles and out-of-pocket expenses. This landscape demands that employees proactively review their healthcare plans and financial strategies to navigate expected price surges effectively. 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 TTM Technologies.

 

1. Mental Benefits

Working during your TTM Technologies 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 TTM Technologies 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 TTM Technologies 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 TTM Technologies.

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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 401(k) plan offered by TTM Technologies?

The 401(k) plan at TTM Technologies is a retirement savings plan that allows employees to contribute a portion of their salary on a pre-tax or after-tax basis to save for retirement.

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

Yes, TTM Technologies offers a company match for employee contributions to the 401(k) plan, which helps employees grow their retirement savings.

How can I enroll in the 401(k) plan at TTM Technologies?

Employees can enroll in the 401(k) plan at TTM Technologies by completing the enrollment process through the company’s HR portal or by contacting the HR department for assistance.

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

The contribution limits for the TTM Technologies 401(k) plan are in accordance with IRS guidelines, which are updated annually. Employees should check the latest limits for the current year.

Can I change my contribution percentage to the TTM Technologies 401(k) plan?

Yes, employees can change their contribution percentage to the TTM Technologies 401(k) plan at any time by accessing their account through the HR portal or by contacting HR.

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

The TTM Technologies 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to suit different risk tolerances.

Is there a vesting schedule for the TTM Technologies 401(k) company match?

Yes, TTM Technologies has a vesting schedule for the company match, which means that employees must work for a certain period before they fully own the matched contributions.

How do I access my 401(k) account at TTM Technologies?

Employees can access their 401(k) account at TTM Technologies through the designated online portal or by contacting the plan administrator for assistance.

Can I take a loan against my 401(k) at TTM Technologies?

Yes, TTM Technologies allows employees to take loans against their 401(k) balance, subject to certain terms and conditions outlined in the plan documents.

What happens to my 401(k) if I leave TTM Technologies?

If you leave TTM Technologies, you have several options for your 401(k), including rolling it over to another retirement account, cashing it out, or leaving it in the TTM Technologies plan if allowed.

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For more information you can reach the plan administrator for TTM Technologies at , ; or by calling them at .

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