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GameStop Families: Why a Letter of Instruction Can Simplify Estate Planning

Healthcare Provider Update: Healthcare Provider for GameStop GameStop utilizes a range of healthcare providers, largely dependent on the insurance options available through their employee benefits program. The leading provider for GameStop's health insurance plans is typically UnitedHealthcare, which offers coverage options under the Affordable Care Act (ACA) framework. This partnership allows GameStop employees and their families to access a variety of health services in their locale. Potential Healthcare Cost Increases in 2026 As we approach 2026, healthcare costs are projected to rise significantly, influenced by a confluence of factors that may impact employees at companies like GameStop. Insurance premiums for Affordable Care Act marketplace plans are expected to soar, with some states seeing increases surpassing 60%. The looming expiration of enhanced federal premium subsidies could push out-of-pocket expenses for most enrollees up more than 75%, making the financial landscape for healthcare increasingly daunting. Coupled with rising medical costs attributed to both inflation in healthcare services and the proliferation of high-priced drugs, employees may face steeper healthcare bills if proactive measures are not taken to mitigate these costs before the changes take effect. Click here to learn more

'GameStop employees can bring more clarity to their estate plans by using a well-organized letter of instruction, which is a practical way to help families navigate important decisions with greater confidence.' — Michael Corgiat, a representative of The Retirement Group, a division of Wealth Enhancement.

'GameStop employees can create a smoother transition for their families by using a clear letter of instruction, which can be an effective way to support loved ones during estate administration.' — Brent Wolf, a representative of The Retirement Group, a division of Wealth Enhancement.

In this article, we will discuss:

Why a letter of instruction can support your estate plan.
What to include in a letter of instruction.
How GameStop employees can use a letter of instruction to help streamline estate administration.

Important Lessons

Estate planning documents like a will and a revocable trust are important, but they might not give your family all the information they need to handle your affairs when you pass away, especially for GameStop employees with complex benefits.

In addition to an estate plan, a letter of instruction can offer your loved ones more information about your assets and personal preferences.

A letter of instruction can contain additional details, such as burial plans and the placement of essential documents, but it should not conflict with your estate planning documents.

Your loved ones might not know who to call, where to find your assets, or how to recognize reputable creditors if something were to happen to you today. By providing clear, supplemental guidance, a letter of instruction can help reduce the stress and work involved in the estate administration process.

A Letter of Instruction: What Is It?

A letter of instruction is an informal document outlining your assets and last wishes, sent to an executor, personal representative, or family members. It adds helpful information not included in legally binding estate planning documents like a will or revocable trust. For GameStop employees managing multiple retirement and savings plans, a letter of instruction can help simplify administration for family members, even though it is not legally required.

Since this letter is informal, it can be updated without consulting an attorney as circumstances change over time. It can contain supplementary information that supports your estate plan, but it should not contradict anything in your legal estate planning documentation.

How to Compose an Instructional Letter

Funeral Plans

You might provide information about your preferred funeral or burial type, funeral home, clergy member, music, speakers, or tribute. You can also include details about pre-paid or pre-arranged funeral or burial plans and where related paperwork is located. Some people also provide biographical details—something GameStop retirees can include for clarity.

Crucial Records

You can note the location of your Social Security card, recent bank account statements, deeds, titles, mortgage documents, important records, and estate planning documents. Some individuals also indicate where to find recent tax returns, which may help identify assets or income sources. If these documents are stored in a lockbox or vault, providing access instructions may be helpful.

Contact Details for Financial Representatives

The names and contact information for bankers, tax preparers, lawyers, insurance agents, real estate agents, and financial advisors can be included in the letter. These professionals can assist with background information, asset identification, account transfers, and final tax filings.

Details of the Assets

You can list your assets’ locations, titling, identifying details, and current values. This may include real estate, stock certificates, savings bonds, annuities, time shares, bank accounts, brokerage accounts, retirement accounts, company interests, safe deposit boxes, life insurance, and personal belongings with monetary or sentimental value.

Computer Files and Online Accounts

You may wish to list your digital files and accounts and designate a successor in your estate planning documents to manage them, since state and federal laws may limit access without written approval. For GameStop retirees who store retirement and benefits information online, this documentation may help reduce challenges.

Details of Debt

You can include information regarding your debts, such as account numbers, balances, statements, and lender contact details.

Beneficiary Details

The beneficiaries listed in your estate plan, along with their contact details, may be included in the letter. This makes it easier for an executor to locate and communicate with those who will receive assets—an important step for families with GameStop retirement accounts.

Pets

You can specify who you want to care for your pets and any specific instructions if your estate documents do not mention them. You may also include your veterinarian’s contact information.

Distribution List for Personal Property

Some states allow individuals to draft a separate document listing specific items of tangible personal property and their intended recipients, as long as the will references the list. Even in states where this is not legally binding, a letter of instruction can still guide your executor and help minimize disagreements.

Private Notes and Clarification of Goals

Some people include private notes or explanations for their decisions regarding inheritance or financial principles. Although not legally binding, these notes can help prevent misunderstandings.

What Does a Letter of Instruction Not Need to Include?

A letter of instruction should not repeat information already found in your estate planning documents. It is intended to provide additional details only.

It also should not be used to make changes to legally enforceable estate documents. Informal updates are not binding and may create conflicts.

Where to Store Your Instruction Letter

You can keep a copy of the letter with your estate planning papers, provide one to your lawyer, or place it somewhere your family is likely to look first. You can also share a copy with your executor and discuss it with them if you feel comfortable. Updating the letter each year is useful as assets and personal information change—particularly for GameStop employees with evolving retirement benefits.

Do You Need Guidance?

The Retirement Group can help you prepare for retirement if you are updating or creating your estate plan and want assistance organizing your family’s financial information. Call us at (800) 900-5867 .

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Sources:

1. Parker, Craig. “How to Write a Letter of Instruction: A Step-by-Step Guide.” Trust & Will, n.d.,
https://trustandwill.com/learn/how-to-write-a-letter-of-instruction . Accessed 1 Dec. 2025.

2. AARP Education & Outreach. “State Your Intentions With a Letter of Instruction.” AARP, 9 Nov. 2022,
https://www.aarp.org/money/retirement/letter-of-instruction/ . Accessed 1 Dec. 2025.

3. Kuffel, Hunter. “Writing a Letter of Instruction for Your Estate Plan.” SmartAsset, 12 Oct. 2025,
https://smartasset.com/estate-planning/letter-of-instruction . Accessed 1 Dec. 2025.

4. McDonald Jacobs. “Letter of Instruction in Estate Planning.” McDonald Jacobs: Portland, Oregon Accountants & Business Consultants, n.d.,
https://www.mcdonaldjacobs.cpa/letter-of-instruction-in-estate-planning/ . Accessed 1 Dec. 2025.

What is the primary purpose of GameStop's 401(k) plan?

The primary purpose of GameStop's 401(k) plan is to help employees save for retirement by allowing them to contribute a portion of their salary to a tax-advantaged account.

How can GameStop employees enroll in the 401(k) plan?

GameStop employees can enroll in the 401(k) plan through the company’s HR portal or by contacting the HR department for assistance.

Does GameStop offer a company match for 401(k) contributions?

Yes, GameStop offers a company match for 401(k) contributions, which helps employees grow their retirement savings.

What types of investment options are available in GameStop's 401(k) plan?

GameStop's 401(k) plan typically offers a variety of investment options, including mutual funds, stocks, and bonds, allowing employees to choose based on their risk tolerance.

When can GameStop employees start contributing to their 401(k) plan?

GameStop employees can start contributing to their 401(k) plan after they have completed the eligibility requirements set by the company.

Is there a minimum contribution requirement for GameStop's 401(k) plan?

Yes, GameStop may have a minimum contribution requirement, which employees should check in the plan documents or with HR.

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

Yes, GameStop allows employees to take loans against their 401(k) savings, subject to certain terms and conditions outlined in the plan.

What happens to GameStop employees' 401(k) accounts if they leave the company?

If GameStop employees leave the company, they can choose to roll over their 401(k) account to a new employer's plan, an IRA, or cash out their balance, subject to taxes and penalties.

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

Yes, GameStop's 401(k) plan may have administrative fees, investment fees, and other costs that employees should review in the plan documents.

How often can GameStop employees change their contribution amounts?

GameStop employees can typically change their contribution amounts during open enrollment periods or at designated times throughout the year.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.

GameStop provides its employees with both a 401(k) plan and a defined contribution pension plan. These retirement benefits are designed to help employees secure a steady income after their career. GameStop's 401(k) plan, known as the GameStop Corp. Employees' Savings Plan, allows employees to contribute a portion of their earnings to their retirement savings. GameStop offers matching contributions to encourage employee participation, typically matching 100% for the first 3% contributed and 50% for the next 2%, though specifics may vary slightly by year. For the years 2022, 2023, and 2024, the contribution limits set by the IRS have increased, with employees allowed to contribute up to $22,500 in 2023 and $23,000 in 2024. Catch-up contributions for those aged 50 and older are an additional $7,500 annually. This plan provides flexible investment options and allows for rollover of funds into new plans if employees leave the company (Smart 40K Plus) (PayScale). GameStop's defined contribution pension plan works by allowing the company to make contributions to individual employee accounts, which are invested in a selection of funds chosen by the employee. Over time, this fund grows based on contributions and market performance. The plan does not specify a fixed benefit at retirement; instead, the payout depends on the investment performance. In 2022, the average account value for employees participating in the GameStop Corp. Employees' Savings Plan was $11,942

Restructuring and Layoffs: In early 2024, GameStop announced a major restructuring plan aimed at streamlining operations and reducing costs. This included the closure of several underperforming stores and a significant reduction in workforce. The company cited the need to adapt to changing retail environments and improve profitability as key reasons for these actions. Analysts point out that GameStop’s move is part of a broader trend of retailers adjusting their business models in response to economic uncertainties and shifts in consumer behavior. This restructuring is particularly relevant given the current economic climate, which is marked by inflation and shifts in consumer spending patterns.

2022: RSUs were granted to senior management and high-potential employees to retain top talent and incentivize performance. Vesting periods typically ranged from one to four years. Source: GameStop 2022 Annual Report, Page 46. 2023: GameStop adjusted its RSU program to reflect changes in executive compensation practices and market conditions. RSUs were granted with performance-based vesting conditions. Source: GameStop 2023 Proxy Statement, Page 35. 2024: The RSU program for 2024 includes modifications to align with strategic goals and market trends, with enhanced focus on performance metrics. Eligibility remains concentrated on key personnel and executives. Source: GameStop 2024 SEC Filing, Page 53. Specific Company Stock Options and RSUs:

Visit GameStop’s official website and look for their “Careers” or “Benefits” section. Check if they have any recent press releases or updates regarding employee health benefits. Employee Review Websites: Glassdoor: Look up GameStop’s page on Glassdoor to see employee reviews about benefits. Indeed: Search for GameStop and check the “Benefits” section for employee comments. Business News Websites: Forbes: Search for articles related to GameStop and employee benefits. Business Insider: Look for any recent news affecting GameStop's health benefits. Industry News Sources: HR Dive: This site often covers updates on employee benefits and health care trends. SHRM (Society for Human Resource Management): Look for articles on changes in health benefits in retail or GameStop specifically. Government or Legal Websites: U.S. Department of Labor: Check if there are any filings or notices related to employee benefits for GameStop. IRS: Search for any relevant information on health benefits regulations that might affect GameStop. Specific Healthcare-Related Terms and Acronyms: HMO (Health Maintenance Organization) PPO (Preferred Provider Organization) EPO (Exclusive Provider Organization) HDHP (High Deductible Health Plan) FSA (Flexible Spending Account) HSA (Health Savings Account) COBRA (Consolidated Omnibus Budget Reconciliation Act) EAP (Employee Assistance Program) Recent Employee Healthcare News for GameStop: Look for any recent changes in their health benefits plans, such as increased premiums, changes in coverage, or new wellness programs. Check if there have been any major lawsuits or regulatory changes affecting their health benefits. Look for any company announcements about improving or reducing benefits. You can use these sources and terms to get a comprehensive view of GameStop’s employee health benefits for the years 2022, 2023, or 2024. If you need a detailed summary of specific findings, let me know!