Navigating Change: Financial Insights for Divorced Employees of Interpublic Group

Healthcare Provider Update: Healthcare Provider for Interpublic Group: The Interpublic Group partners with various healthcare providers, primarily offering health benefits through its benefits program, which includes options from major national insurers like Aetna and UnitedHealthcare. This allows employees to choose plans that best fit their needs. Healthcare Cost Increases in 2026: In 2026, healthcare costs are projected to surge significantly, driven primarily by a combination of rising medical costs and the potential expiration of enhanced federal premium subsidies. This perfect storm could lead to average premium hikes of approximately 18% across the Affordable Care Act (ACA) marketplace, with some states witnessing increases exceeding 60%. Consequently, many consumers might see their out-of-pocket expenses escalate by over 75%, as the loss of subsidies compounds the effects of aggressive rate hikes from major insurers. As the healthcare landscape shifts, proactive planning for these impending costs will be crucial for individuals and families seeking to maintain coverage. Click here to learn more

The latest research suggests that divorce rates in the U.S. have been falling in recent decades. Still, many people face the difficult crossroads that comes when their marriage ends.

Getting a divorce is a painful, emotional process. Don’t be in such a hurry to reach a settlement that you make poor decisions that can have life-long consequences. For any of our Interpublic Group clients who may possibly have to have a divorce, here are a few financial ideas that may help you prepare.

The most important task these Interpublic Group employees can do is to get their finances organized. Identify all your assets and make copies of important financial papers, such as deeds, tax returns, and investment records. When it comes to dividing up your assets, consider mediation as a low-cost alternative to litigation. Most states have equitable-distribution laws that require shared assets to be divided 50/50 anyway. When a divorce becomes contentious, attorney’s fees can accumulate.

From a financial perspective, divorce means taking all the income previously used to run one household and stretching it out over two residences, two utility bills, two grocery lists, etc. There are other hidden costs as well, such as counseling for you or your children. Divorces also may require incurring one-time fees, such as a security deposit on a rental property, moving costs, or increased child-care.

Finally, dividing assets may sound simple but it can be quite complex. The forced sale of a home or investment portfolio may have tax consequences. Potential tax liability also can make two seemingly equal assets have varying net values. Additionally, when pulling apart a portfolio, it makes sense to consider how each asset will suit the prospective recipient in terms of risk tolerance and liquidity.

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We'd like our Interpublic Group clients to remember, the information in this article is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation.

During a divorce, many factors are competing for attention. By these Interpublic Group employees understanding a few key concepts, they may be able to avoid making costly financial mistakes.

1. The Wall Street Journal, 2019