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New Update: Healthcare Costs Increasing by Over 60% in Some States. Will you be impacted?

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

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Healthcare Provider Update: Healthcare Provider for Rollins Corporation Rollins, Inc. collaborates with various healthcare providers for the medical benefits offered to its employees. While specific partnerships may vary, large employers like Rollins typically work with national insurance carriers such as UnitedHealthcare, Cigna, or Anthem/Blue Cross Blue Shield. Potential Healthcare Cost Increases in 2026 In 2026, Rollins employees could face significant healthcare cost increases, largely driven by anticipated hikes in Affordable Care Act (ACA) premiums. With some states projected to see premium increases exceeding 60%, employees may bear a larger share of healthcare costs. Compounding these challenges are expiring federal subsidies that, if not renewed, could push out-of-pocket expenses up by over 75% for many enrollees. This convergence of factors creates a precarious financial landscape for Rollins employees, necessitating proactive planning to manage rising healthcare expenses effectively. 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 Rollins 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 Rollins 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 Rollins employees who already put money away for college, the worksheet will take that amount into consideration. For Rollins 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 Rollins employees to consider reviewing:

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

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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 Rollins 401k/Savings Plan?

The Rollins 401k/Savings Plan is a retirement savings plan that allows employees of Rollins to save for their future through pre-tax contributions and potential employer matching.

How can I enroll in the Rollins 401k/Savings Plan?

Employees can enroll in the Rollins 401k/Savings Plan by completing the enrollment forms provided by the HR department or through the Rollins employee portal.

What types of contributions can I make to the Rollins 401k/Savings Plan?

Employees can make pre-tax contributions, Roth after-tax contributions, and possibly catch-up contributions if they are age 50 or older in the Rollins 401k/Savings Plan.

Does Rollins offer a company match for the 401k/Savings Plan?

Yes, Rollins offers a company match for employee contributions to the 401k/Savings Plan, subject to certain limits and eligibility requirements.

What is the vesting schedule for Rollins' company match in the 401k/Savings Plan?

The vesting schedule for Rollins' company match typically follows a graded vesting schedule, which means employees earn ownership of the matched contributions over a specified period.

Can I change my contribution amount to the Rollins 401k/Savings Plan?

Yes, employees can change their contribution amounts to the Rollins 401k/Savings Plan at any time, subject to the plan’s rules and limits.

What investment options are available in the Rollins 401k/Savings Plan?

The Rollins 401k/Savings Plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to suit different risk tolerances.

How can I access my Rollins 401k/Savings Plan account?

Employees can access their Rollins 401k/Savings Plan account online through the designated portal or by contacting the plan administrator for assistance.

What happens to my Rollins 401k/Savings Plan if I leave the company?

If you leave Rollins, you have several options for your 401k/Savings Plan, including rolling it over to another retirement account, leaving it with Rollins, or cashing it out (subject to taxes and penalties).

Are there loan options available through the Rollins 401k/Savings Plan?

Yes, the Rollins 401k/Savings Plan may allow participants to take loans against their account balance, subject to specific terms and conditions.

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

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