Healthcare Provider Update: Healthcare Provider for Keurig Dr Pepper Keurig Dr Pepper primarily offers health benefits through leading insurance providers such as UnitedHealthcare and Aetna. These insurers cater specifically to the employees of Keurig Dr Pepper, ensuring comprehensive healthcare coverage as part of their employee benefits package. Potential Healthcare Cost Increases in 2026 As we look towards 2026, Keurig Dr Pepper and its employees face the prospect of steep increases in healthcare costs. Premiums for Affordable Care Act (ACA) plans are anticipated to rise significantly, with some states seeing hikes of over 60%. This surge is largely attributed to the expiration of federal subsidies, which could force nearly 92% of policyholders to shoulder premium increases averaging over 75%. Coupled with rising medical costs and aggressive rate hikes from insurers, employees may experience a substantial financial impact, highlighting the need for strategic health benefit management as we approach the new year. 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 Keurig Dr Pepper 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 Keurig Dr Pepper 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.
Articles you may find interesting:
- Corporate Employees: 8 Factors When Choosing a Mutual Fund
- Use of Escrow Accounts: Divorce
- Medicare Open Enrollment for Corporate Employees: Cost Changes in 2024!
- Stages of Retirement for Corporate Employees
- 7 Things to Consider Before Leaving Your Company
- How Are Workers Impacted by Inflation & Rising Interest Rates?
- Lump-Sum vs Annuity and Rising Interest Rates
- Internal Revenue Code Section 409A (Governing Nonqualified Deferred Compensation Plans)
- Corporate Employees: Do NOT Believe These 6 Retirement Myths!
- 401K, Social Security, Pension – How to Maximize Your Options
- Have You Looked at Your 401(k) Plan Recently?
- 11 Questions You Should Ask Yourself When Planning for Retirement
- Worst Month of Layoffs In Over a Year!
- Corporate Employees: 8 Factors When Choosing a Mutual Fund
- Use of Escrow Accounts: Divorce
- Medicare Open Enrollment for Corporate Employees: Cost Changes in 2024!
- Stages of Retirement for Corporate Employees
- 7 Things to Consider Before Leaving Your Company
- How Are Workers Impacted by Inflation & Rising Interest Rates?
- Lump-Sum vs Annuity and Rising Interest Rates
- Internal Revenue Code Section 409A (Governing Nonqualified Deferred Compensation Plans)
- Corporate Employees: Do NOT Believe These 6 Retirement Myths!
- 401K, Social Security, Pension – How to Maximize Your Options
- Have You Looked at Your 401(k) Plan Recently?
- 11 Questions You Should Ask Yourself When Planning for Retirement
- Worst Month of Layoffs In Over a Year!
We'd like our Keurig Dr Pepper 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 Keurig Dr Pepper employees understanding a few key concepts, they may be able to avoid making costly financial mistakes.
Chart Source: Familyinequality.com, 2019
1. The Wall Street Journal, 2019
What is the 401(k) plan offered by Keurig Dr Pepper?
The 401(k) plan at Keurig Dr Pepper is a retirement savings plan that allows employees to save a portion of their paycheck before taxes are taken out.
How can I enroll in the 401(k) plan at Keurig Dr Pepper?
Employees can enroll in the 401(k) plan at Keurig Dr Pepper by completing the enrollment process through the company’s benefits portal or by contacting the HR department for assistance.
Does Keurig Dr Pepper offer a match on 401(k) contributions?
Yes, Keurig Dr Pepper offers a company match on employee contributions to the 401(k) plan, which helps enhance your retirement savings.
What is the vesting schedule for the 401(k) match at Keurig Dr Pepper?
The vesting schedule for the 401(k) match at Keurig Dr Pepper typically requires employees to work for a certain number of years before they fully own the matched contributions.
Can I change my contribution percentage to the 401(k) plan at Keurig Dr Pepper?
Yes, employees can change their contribution percentage to the 401(k) plan at Keurig Dr Pepper at any time, usually through the benefits portal.
What investment options are available in the Keurig Dr Pepper 401(k) plan?
The Keurig Dr Pepper 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 loan option available through the Keurig Dr Pepper 401(k) plan?
Yes, employees may have the option to take a loan against their 401(k) balance at Keurig Dr Pepper, subject to the plan's rules and regulations.
What happens to my 401(k) when I leave Keurig Dr Pepper?
When you leave Keurig Dr Pepper, you can choose to roll over your 401(k) balance to another retirement account, cash it out (subject to taxes and penalties), or leave it in the Keurig Dr Pepper plan if allowed.
How often can I access my 401(k) statements from Keurig Dr Pepper?
Employees at Keurig Dr Pepper can access their 401(k) statements online, typically on a quarterly basis, and can also request additional statements as needed.
Does Keurig Dr Pepper provide financial education regarding the 401(k) plan?
Yes, Keurig Dr Pepper provides resources and educational sessions to help employees understand their 401(k) options and make informed investment choices.