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Belden Retirement Seen Through Your Eyes

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Healthcare Provider Update: Belden offers health, dental, and vision insurance, along with life and disability coverage. Employees benefit from a 401(k) retirement plan, stock purchase options, and paid time off. The company promotes a culture of inclusion and community engagement, with wellness programs and education assistance available. Beldens total rewards program is designed to support employees physical, financial, and emotional well-being3. Belden With ACA premiums projected to rise sharply in 2026, Beldens comprehensive benefits and inclusive culture help employees avoid the financial strain of marketplace plans. The companys emphasis on preventive care and wellness education further reduces long-term healthcare costs. Click here to learn more

This is an excellent chance to find individual satisfaction in retirement for Belden employees if they learn to balance their wishes, family needs, and the desire to leave a legacy in the right way.

'As Belden employees approach retirement, it is important to take time to consider what is most important to you in your personal life and in your legacy, and this can make retirement a journey of meaning and enrichment for which financial planning is a key enabler.'

Three main points of the article are described below:

1. Defining Your Retirement Goals – How to Identify an Active Role in Defining Personal and Financial Objectives for a Fulfilling Retirement.
2. Managing Finances and Lifestyle Choices – The use of budgeting, downsizing and other financial decisions that support the long term retirement plans.
3. Creating a Meaningful Retirement Experience – How personal growth, relationships and legacy planning can improve the quality of retirement.

What do you picture in your future?

Some people intend to retire and start a new profession. Some intend to travel. Others want to spend more time with their families and friends. Hence, there are few factors to consider.

What are your must-do list in retirement?

In retirement, if you could only achieve four or five things, what would they be? This may help you create a list of your life goals. While some of these goals may have nothing to do with money, the financial decisions you make may be crucial to achieving them.

What would revitalize you?

Some retirees have no particular objectives. After a period of weeks or months of rest, ambition may return. They begin to consider the pursuits and excursions that could make these years memorable. Some people have known for decades which ambitions they will pursue, but when the time comes, those dreams may take a different path than anticipated or even be replaced by new ones.

Leisure is the most valuable asset in retirement. With more free time and opportunities for introspection, you may discover that your old aspirations have been replaced by new ones.

Who you should spend your time with?

This is another important decision you must make in retirement. The quick response for many retirees to this query would be: Today, there are nuclear families, blended families, and extended families; some individuals consider their friends or coworkers to be family.

How much do you anticipate spending?

We cannot manage all retirement expenses, but we can control a portion of them. You may have considered downsizing your residence at some point. A potential benefit of downsizing is that it may result in no mortgage or a mortgage payment that is more manageable.

Is it possible to leave a legacy?

Many of us would like to give our children or grandchildren a decent start in life, but leaving an inheritance is often more difficult than many people believe. Tax laws are in a constant state of flux and strategies that were effective years ago may have diminished utility today.

It is recommended that this article only be used for informational purposes and not for any form of decision making; therefore, if you want to change any part of your overall estate plan, you should seek the counsel of a tax or legal professional.

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How are you preparing for retirement?

This is the most significant topic. If you sense the need to prepare more for the future or reevaluate your current strategy in light of recent changes in your life, a retirement-savvy financial professional may be able to offer guidance.

It is from sources which are expected to provide accurate information. This material is not intended to serve as tax or legal advice. It is prohibited from being used to evade federal tax penalties. Please seek the advice of a legal or tax professional for information related to your specific situation. This content was developed and produced by FMG Suite to provide information on a potentially interesting topic. The named broker-dealer, state- or SEC-registered investment advisory firm is not affiliated with FMG Suite. The opinions expressed and materials provided are for informational purposes only; they should not be construed as an offer to buy or sell any security. Copyright FMG Suite.

Did you know that retirement can also be viewed as a way of learning about oneself and finding out who one is? Although this view was not described in the article, it may be interesting for Belden employees who are planning on retiring. When you think about the future, you might want to make new friends, learn new skills, or contribute to the community in some way that is important to you. Retirement is a time of leisure, which gives one a chance to discover new and interesting aspects of oneself. Retirement: A Time to Discover and Develop New Aspects of the Self for a More Fulfilling Life. (Source: American Psychological Association, 'Retiring Minds Want to Know,' February 2018)

Analogy:

When it comes to retirement, the view from your eyes, Belden employees, is a fresh one. Looking at retirement, you are like an artist who is about to start painting on a clean canvas. Imagine yourself as a painter, and you are standing in front of an endless void. Retirement gives you the chance to pick up the paintbrush and paint the picture you want to paint. Every choice is deliberate, whether it is attaining important goals, finding relaxation through new interests, spending time with loved ones, managing your resources, leaving a legacy, or growing as a person. Just as a painter uses colours, techniques, and brushstrokes to bring their vision to life, you can use your retirement journey as a way to intentionally design your life. Begin the retirement canvas with creativity, imagination, and the ability to produce a truly remarkable work of this chapter in your life.

Sources:

1. Helhoski, Anna. 'Retirement Planning: A 5-Step Guide for 2025.'  NerdWallet , January 2025,  www.nerdwallet.com/article/retirement/retirement-planning-guide .

2. Whitney, Roger. 'Retirement Planning Is More Than Financial Planning.'  Forbes , December 2023,  www.forbes.com/advisor/retirement/retirement-planning-more-than-financial/ .

3. 'Retirement 101: A Beginner's Guide to Retirement.'  Trinity College , 2024,  www.trincoll.edu/retirement-planning-guide .

4. 'Survey Reveals Growing Importance of Financial Planning for Retirement.'  T. Rowe Price , January 2024,  www.troweprice.com/retirement-planning-survey-2024 .

5. Whitney, Roger. 'The Most Important Rules For Retirement Planning? Yours!'  Forbes , March 2024,  www.forbes.com/advisor/retirement/the-most-important-rules-for-retirement-planning-yours/ .

What is the primary purpose of Belden's 401(k) Savings Plan?

The primary purpose of Belden's 401(k) Savings Plan is to help employees save for retirement by allowing them to contribute a portion of their salary on a tax-deferred basis.

How can employees enroll in Belden's 401(k) Savings Plan?

Employees can enroll in Belden's 401(k) Savings Plan by accessing the benefits portal or contacting the HR department for guidance on the enrollment process.

What types of contributions can employees make to Belden's 401(k) Savings Plan?

Employees can make pre-tax contributions, Roth (after-tax) contributions, and may also be eligible for employer matching contributions in Belden's 401(k) Savings Plan.

Is there a company match for contributions made to Belden's 401(k) Savings Plan?

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

What is the vesting schedule for employer contributions in Belden's 401(k) Savings Plan?

The vesting schedule for employer contributions in Belden's 401(k) Savings Plan typically follows a graded vesting schedule, which means employees earn ownership of the contributions over a specified period.

Can employees change their contribution percentage at Belden?

Yes, employees can change their contribution percentage to Belden's 401(k) Savings Plan at any time, usually through the benefits portal or by contacting HR.

What investment options are available in Belden's 401(k) Savings Plan?

Belden's 401(k) Savings Plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to suit different risk tolerances.

At what age can employees begin to withdraw from Belden's 401(k) Savings Plan without penalties?

Employees can begin to withdraw from Belden's 401(k) Savings Plan without penalties at age 59½, provided they meet other plan requirements.

What happens to an employee's 401(k) balance if they leave Belden?

If an employee leaves Belden, they can choose to roll over their 401(k) balance to another retirement account, withdraw the funds, or leave the balance in the plan if allowed.

Does Belden's 401(k) Savings Plan allow loans against the account?

Yes, Belden's 401(k) Savings Plan may allow employees to take loans against their account balance, subject to specific terms and conditions outlined in the plan documents.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
In 2024, Belden announced a significant restructuring plan, which includes layoffs and the consolidation of some manufacturing operations. The company is aiming to streamline its operations and reduce costs amid challenging market conditions. This restructuring involves a substantial reduction in workforce, with a focus on optimizing production and supply chain processes.
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For more information you can reach the plan administrator for Belden at 1 North Brentwood Blvd St. Louis, MO 63105; or by calling them at +1 314-854-8000.

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