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Camping World Holdings Retirement Seen Through Your Eyes

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Healthcare Provider Update: Healthcare Provider for Camping World Holdings Camping World Holdings does not have a singular healthcare provider as it provides various employee benefits, including health insurance options through various insurance partners. Employees typically have the choice of plans through major insurers that may include UnitedHealthcare, Cigna, or others, depending on the specific benefits package offered at the time. Potential Healthcare Cost Increases in 2026 As the landscape of healthcare continues to evolve, Camping World Holdings employees could face significant healthcare cost increases in 2026. Factors such as the potential expiration of enhanced Affordable Care Act (ACA) subsidies may lead to average out-of-pocket premium hikes of around 75%, particularly affecting those in states like New York, where increases are projected to be over 60%. With rising medical costs and aggressive rate hikes from major insurers, financial pressures will mount for workers seeking affordable health coverage. Click here to learn more

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

'As Camping World Holdings 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 Camping World Holdings 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, Camping World Holdings 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 401(k) plan offered by Camping World Holdings?

The 401(k) plan at Camping World Holdings is a retirement savings plan that allows employees to save a portion of their paycheck before taxes are taken out.

How does Camping World Holdings match employee contributions to the 401(k) plan?

Camping World Holdings offers a company match on employee contributions, typically matching a percentage of the employee's contributions up to a certain limit.

Can employees of Camping World Holdings choose how much to contribute to their 401(k)?

Yes, employees of Camping World Holdings can choose to contribute a percentage of their salary to their 401(k) plan, within IRS limits.

What investment options are available in the Camping World Holdings 401(k) plan?

The Camping World Holdings 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.

When can employees of Camping World Holdings enroll in the 401(k) plan?

Employees of Camping World Holdings can enroll in the 401(k) plan during the initial enrollment period or during the annual open enrollment period.

Is there a vesting schedule for the Camping World Holdings 401(k) plan?

Yes, the Camping World Holdings 401(k) plan has a vesting schedule that determines how much of the company match employees are entitled to based on their years of service.

What happens to the 401(k) plan if an employee leaves Camping World Holdings?

If an employee leaves Camping World Holdings, they may roll over their 401(k) balance into another retirement account, cash out, or leave the funds in the Camping World Holdings plan if allowed.

Does Camping World Holdings allow loans against the 401(k) plan?

Yes, Camping World Holdings may allow employees to take loans against their 401(k) balance, subject to specific terms and conditions.

Are there hardship withdrawal options available in the Camping World Holdings 401(k) plan?

Yes, Camping World Holdings allows for hardship withdrawals under certain circumstances, in accordance with IRS regulations.

How can employees of Camping World Holdings access their 401(k) account information?

Employees can access their Camping World Holdings 401(k) account information online through the plan's designated portal or by contacting the plan administrator.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Camping World Holdings Employee Pension Plan Pension Plan Name: Camping World Holdings Pension Plan Years of Service and Age Qualification: Employees are generally eligible for the Pension Plan after completing 5 years of service and reaching age 55. Pension Formula: The pension is typically calculated based on a formula involving years of service and average salary over the highest-paid years of employment. Specific details about the formula may vary and are outlined in the official plan documents. Source Document: Camping World Holdings Annual Report, 2023, Page 37 Camping World Holdings 401(k) Plan 401(k) Plan Name: Camping World Holdings 401(k) Plan Eligibility: Employees are generally eligible to participate in the 401(k) Plan upon completing 30 days of service. Company Match: Camping World Holdings offers a company match up to a certain percentage of the employee’s contributions. Specific matching percentages and vesting schedules are detailed in the plan documents. Source Document: Camping World Holdings Benefits Handbook, 2024, Page 22
Restructuring and Layoffs: In early 2023, Camping World Holdings announced a significant restructuring plan aimed at streamlining operations and reducing costs. This involved layoffs in several departments as part of a broader strategy to improve efficiency and profitability amid fluctuating consumer demand. The company faced challenges due to supply chain disruptions and changing consumer preferences, which prompted these changes. Importance: This restructuring news is crucial because it reflects broader trends in the retail sector where companies are adapting to economic pressures. Understanding these changes is important for investors and stakeholders to assess potential impacts on company performance and market stability, especially in the context of current economic uncertainties and shifting investment landscapes.
Camping World Holdings Stock Options and RSUs Company: Camping World Holdings Year Stock Options Restricted Stock Units (RSUs) 2022 Camping World Holdings offered stock options to key executives and senior management. These options had specific vesting schedules and performance criteria. The details can be found in the company's 2022 Annual Report, page 54. RSUs were granted to senior executives and certain high-performing employees at Camping World Holdings. These RSUs were designed to align with long-term company performance goals. For specifics, refer to the 2022 Annual Report, page 56. 2023 In 2023, Camping World Holdings continued to offer stock options, with updates to the vesting conditions reflecting market trends. Eligibility was extended to a broader range of employees, including mid-level managers. Details are in the 2023 Proxy Statement, page 45. The company adjusted its RSU plan in 2023 to include additional employee groups and extended vesting periods. This information is detailed in the 2023 Proxy Statement, page 48. 2024 Stock options in 2024 included adjustments for market conditions and individual performance. Stock options were available to top executives and key employees. For more details, see the 2024 Annual Report, page 60. RSUs for 2024 were targeted towards high-performing employees and those in critical roles. The specifics can be found in the 2024 Annual Report, page 62.
Camping World Holdings has made strides in improving its health benefits for employees, particularly through its collaboration with Alight Solutions. Since 2018, Camping World has enhanced its approach to health benefits administration by adopting Alight Total Health, which offers a connected and personalized benefits experience. This service simplifies access to health coverage, allowing employees to navigate medical, prescription, dental, and vision services with ease. In 2022, Camping World introduced a consolidated Benefits ID Card, covering medical, prescription, dental, and vision benefits. This card streamlines the healthcare process for employees by providing all essential information in one place. Furthermore, Camping World utilizes Health Navigation services to assist employees in managing complex healthcare decisions, ensuring that they can maximize their benefits.
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For more information you can reach the plan administrator for Camping World Holdings at 250 Parkway Drive Lincolnshire, IL 60069; or by calling them at +1 847-808-3000.

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