<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

Oshkosh Employees: Navigating the Rising Costs of College Tuition for Your Family

image-table

Healthcare Provider Update: Healthcare Provider for Oshkosh Corporation Oshkosh Corporation typically works with health insurance providers such as Anthem Blue Cross Blue Shield and other local insurance carriers to offer healthcare coverage to its employees. Specific healthcare plan details may vary depending on the employee's location and role within the company, taking into account the healthcare landscape and statutory requirements in those regions. Blog Post Paragraph on Potential Healthcare Cost Increases in 2026 As healthcare costs continue to rise, Oshkosh Corporation employees should prepare for significant increases in their ACA premiums beginning in 2026. With projections indicating that national average premiums could escalate by up to 18%, many states may witness hikes exceeding 60%. The anticipated increase is driven by factors such as the expiration of enhanced federal premium subsidies and ongoing medical inflation, leading to higher out-of-pocket expenses for millions. For employees considering retirement or those enrolled in ACA plans, understanding these shifts will be crucial for effective financial planning and ensuring continued access to affordable healthcare coverage. 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 Oshkosh 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 Oshkosh 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 Oshkosh employees who already put money away for college, the worksheet will take that amount into consideration. For Oshkosh 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 Oshkosh employees to consider reviewing:

www.studentaid.ed.gov
The government’s college and financial aid portal.

Featured Video

Articles you may find interesting:

Loading...


www.collegeboard.org
The group that administers the SAT test.

Estimating the Cost of College

Estimating the Cost of College

Estimating the Cost of College

What is the Oshkosh 401(k) Savings Plan?

The Oshkosh 401(k) Savings Plan is a retirement savings plan that allows employees to save for their future by contributing a portion of their salary on a pre-tax or post-tax (Roth) basis.

How can I enroll in the Oshkosh 401(k) Savings Plan?

Employees can enroll in the Oshkosh 401(k) Savings Plan by completing the enrollment process through the company's benefits portal or by contacting the HR department for assistance.

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

Yes, Oshkosh offers a company match for employee contributions to the 401(k) Savings Plan, which helps employees maximize their retirement savings.

What is the maximum contribution limit for the Oshkosh 401(k) Savings Plan?

The maximum contribution limit for the Oshkosh 401(k) Savings Plan is determined by the IRS and may change annually. Employees should check the latest guidelines for the current limit.

Can I change my contribution amount in the Oshkosh 401(k) Savings Plan?

Yes, employees can change their contribution amount at any time by accessing their account through the benefits portal or by contacting HR.

What investment options are available in the Oshkosh 401(k) Savings Plan?

The Oshkosh 401(k) Savings Plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to help employees diversify their portfolios.

When can I start withdrawing from my Oshkosh 401(k) Savings Plan?

Employees can typically start withdrawing from their Oshkosh 401(k) Savings Plan at age 59½, but there are specific rules and options for hardship withdrawals or loans.

Is there a vesting schedule for the Oshkosh 401(k) company match?

Yes, the Oshkosh 401(k) Savings Plan has a vesting schedule for the company match, which means that employees must work for the company for a certain period before they fully own the matched funds.

How often can I review my Oshkosh 401(k) account performance?

Employees can review their Oshkosh 401(k) account performance at any time by logging into their account through the benefits portal.

What happens to my Oshkosh 401(k) Savings Plan if I leave the company?

If you leave Oshkosh, you have several options for your 401(k) Savings Plan, including rolling it over to another retirement account, cashing it out, or leaving it in the plan if allowed.

New call-to-action

Additional Articles

Check Out Articles for Oshkosh employees

Loading...

For more information you can reach the plan administrator for Oshkosh at , ; or by calling them at .

*Please see disclaimer for more information

Relevant Articles

Check Out Articles for Oshkosh employees