Healthcare Provider Update: Offers health, wealth, and work-life benefits, including medical insurance and wellness programs for employees and executives5. With ACA premiums rising, Atlass internal coverage may help employees and retirees avoid marketplace volatility and higher deductibles. Click here to learn more
It doesn’t take a degree in finance to see the cost of college continues to rise.
In its 2017 report, the College Board showed that public four-year institutions raised prices an average of 3.2% annually between the 2007-08 and 2017-18 school years. Put another way, a $5,000 education in 2007-08 would cost $6,851 in 2017-18.
For a few families, the lion’s share of education costs falls on parents and, in some cases, on grandparents. For our Atlas Air Worldwide Holdings clients who are parents you may already know, generally, the majority of families rely on a combination of scholarships, grants, financial aid, part-time jobs, and parent support to help pay the cost.
For Atlas Air Worldwide Holdings employees who have children approaching college age, a good first step is estimating the potential costs. The accompanying worksheet can help you get a better idea about the cost of a four-year college.
For Atlas Air Worldwide Holdings employees who already put money away for college, the worksheet will take that amount into consideration. For Atlas Air Worldwide Holdings employees who haven’t, it’s never too late to start.
Resources
There are a number of resources that can help individuals prepare for college. The U.S. government distributes certain information on colleges and costs. Here are two sites for these Atlas Air Worldwide Holdings employees to consider reviewing:
www.studentaid.ed.gov
The government’s college and financial aid portal.
Featured Video
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!
www.collegeboard.org
The group that administers the SAT test.
Estimating the Cost of College
What type of retirement plan does Atlas Air Worldwide Holdings offer to its employees?
Atlas Air Worldwide Holdings offers a 401(k) retirement savings plan to its employees.
Does Atlas Air Worldwide Holdings provide a company match for contributions made to the 401(k) plan?
Yes, Atlas Air Worldwide Holdings provides a company match for employee contributions to the 401(k) plan, subject to specific limits.
What is the eligibility requirement for employees to participate in the Atlas Air Worldwide Holdings 401(k) plan?
Employees of Atlas Air Worldwide Holdings are typically eligible to participate in the 401(k) plan after completing a specified period of service.
How can employees of Atlas Air Worldwide Holdings enroll in the 401(k) plan?
Employees can enroll in the 401(k) plan through the company’s HR portal or by contacting the HR department for assistance.
What types of investment options are available in the Atlas Air Worldwide Holdings 401(k) plan?
The 401(k) plan at Atlas Air Worldwide Holdings offers a variety of investment options, including mutual funds, stocks, and bonds.
Can employees of Atlas Air Worldwide Holdings change their contribution percentage to the 401(k) plan?
Yes, employees can change their contribution percentage at any time, subject to the plan's guidelines.
What is the maximum contribution limit for the Atlas Air Worldwide Holdings 401(k) plan?
The maximum contribution limit for the Atlas Air Worldwide Holdings 401(k) plan aligns with the IRS annual contribution limits, which may change each year.
Does Atlas Air Worldwide Holdings allow for catch-up contributions in the 401(k) plan?
Yes, employees aged 50 and older at Atlas Air Worldwide Holdings can make catch-up contributions to their 401(k) plan.
What happens to the 401(k) plan if an employee leaves Atlas Air Worldwide Holdings?
If an employee leaves Atlas Air Worldwide Holdings, they can roll over their 401(k) balance to another retirement account or leave it in the plan, depending on the plan's rules.
Are loans available from the Atlas Air Worldwide Holdings 401(k) plan?
Yes, Atlas Air Worldwide Holdings allows employees to take loans from their 401(k) accounts under certain conditions.
-2.png?width=300&height=200&name=office-builing-main-lobby%20(52)-2.png)
.webp?width=300&height=200&name=office-builing-main-lobby%20(27).webp)
-2.png)
.webp)