<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=314834185700910&amp;ev=PageView&amp;noscript=1">

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

Learn More

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

image-table

Healthcare Provider Update: Healthcare Provider for Xylem Xylem Inc. primarily relies on Accenture for its health and wellness programs, a strategic partnership aimed at enhancing employee benefits management. Healthcare Cost Increases in 2026 As 2026 approaches, Xylem employees may face significant increases in healthcare costs amid anticipated sharp hikes in ACA premiums. Reports indicate that some states could experience premium increases exceeding 60%, primarily driven by the expiration of enhanced federal subsidies and rising medical costs. Consequently, many employees could see their out-of-pocket expenses rise substantially, making it vital to evaluate health plans carefully and consider proactive financial strategies for managing these heightened costs. Adjustments in employer-sponsored plans may further shift more healthcare expenses onto employees, amplifying the need for strategic preparation. 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 Xylem.

 

1. Mental Benefits

Working during your Xylem 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 Xylem 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 Xylem 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 Xylem.

Articles you may find interesting:

Loading...

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 Xylem's 401(k) plan?

Xylem's 401(k) plan is a retirement savings plan that allows employees to save a portion of their paycheck before taxes are taken out, helping them prepare for retirement.

How does Xylem match employee contributions to the 401(k) plan?

Xylem offers a matching contribution to employee 401(k) plans, typically matching a percentage of the employee's contributions up to a certain limit.

When can employees at Xylem enroll in the 401(k) plan?

Employees at Xylem can enroll in the 401(k) plan during their initial onboarding period or during the annual open enrollment period.

What investment options are available in Xylem's 401(k) plan?

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

Can employees at Xylem take loans against their 401(k) savings?

Yes, employees at Xylem may have the option to take loans against their 401(k) savings, subject to the plan's specific terms and conditions.

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

If you leave Xylem, you have several options for your 401(k), including rolling it over to a new employer's plan, transferring it to an IRA, or cashing it out (though cashing out may incur taxes and penalties).

How can I access my 401(k) account information at Xylem?

Employees can access their 401(k) account information through the designated online portal provided by Xylem's 401(k) plan administrator.

Does Xylem offer financial education resources for 401(k) participants?

Yes, Xylem provides financial education resources, including workshops and online tools, to help employees make informed decisions about their 401(k) savings.

What is the vesting schedule for Xylem's 401(k) matching contributions?

The vesting schedule for Xylem's matching contributions typically requires employees to work for a certain number of years before they fully own the matched funds.

Are there any fees associated with Xylem's 401(k) plan?

Yes, there may be administrative fees and investment-related fees associated with Xylem's 401(k) plan, which are disclosed in the plan documents.

New call-to-action

Additional Articles

Check Out Articles for Xylem employees

Loading...

For more information you can reach the plan administrator for Xylem at 301 Water St. SE Washington, DC 20003; or by calling them at 914-323-5700.

*Please see disclaimer for more information

Relevant Articles

Check Out Articles for Xylem employees