Healthcare Provider Update: Healthcare Provider for DXC Technology DXC Technology collaborates with various healthcare providers to enhance its technology and consulting services. One notable partner is Optum, which is part of UnitedHealth Group. Together, they focus on implementing innovative health solutions and improving patient care through data-driven insights and technology advancements. Potential Healthcare Cost Increases in 2026 As healthcare costs continue to rise, 2026 is poised for significant premium increases across the Affordable Care Act (ACA) marketplace. With record ACA premium hikes anticipated-some states reporting over 60% increases-consumers may face a staggering jump in out-of-pocket costs due to the potential loss of federal subsidies. Without congressional renewal of enhanced premium tax credits, over 22 million marketplace enrollees could experience premiums rising by 75% or more. This confluence of rising medical costs, structural changes in the healthcare marketplace, and insurer profit pressures marks a critical moment for consumers navigating their healthcare options. This brief overview encapsulates the challenges ahead, underscoring the importance of proactive planning for individuals and families as they face potentially overwhelming healthcare expenses in the near future. Click here to learn more
This is an excellent chance to find individual satisfaction in retirement for DXC Technology employees if they learn to balance their wishes, family needs, and the desire to leave a legacy in the right way.
'As DXC Technology 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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- Stages of Retirement for Corporate Employees
- 7 Things to Consider Before Leaving Your Company
- How Are Workers Impacted by Inflation & Rising Interest Rates?
- Lump-Sum vs Annuity and Rising Interest Rates
- Internal Revenue Code Section 409A (Governing Nonqualified Deferred Compensation Plans)
- Corporate Employees: Do NOT Believe These 6 Retirement Myths!
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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 DXC Technology 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, DXC Technology 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 type of retirement savings plan does DXC Technology offer?
DXC Technology offers a 401(k) retirement savings plan to help employees save for their future.
Does DXC Technology provide matching contributions to the 401(k) plan?
Yes, DXC Technology offers matching contributions to the 401(k) plan, helping employees maximize their retirement savings.
What is the eligibility requirement to participate in the 401(k) plan at DXC Technology?
Employees at DXC Technology are eligible to participate in the 401(k) plan after completing a specified period of service, typically within the first year of employment.
Can employees of DXC Technology choose how much to contribute to their 401(k) plan?
Yes, employees at DXC Technology can choose their contribution percentage, allowing them to tailor their savings according to their financial goals.
What investment options are available in the DXC Technology 401(k) plan?
The DXC Technology 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.
How often can employees change their contribution amounts in the DXC Technology 401(k) plan?
Employees at DXC Technology can change their contribution amounts at any time, allowing for flexibility in their savings strategy.
Does DXC Technology allow for loans against the 401(k) plan?
Yes, DXC Technology permits employees to take loans against their 401(k) plan, subject to certain conditions and limits.
What happens to my 401(k) plan if I leave DXC Technology?
If you leave DXC Technology, you can choose to roll over your 401(k) balance to another retirement account, leave it in the DXC plan, or cash it out, subject to tax implications.
Is there a vesting schedule for the employer match in the DXC Technology 401(k) plan?
Yes, DXC Technology has a vesting schedule for employer matching contributions, which means you must work for the company for a certain period to fully own those contributions.
Can part-time employees participate in the DXC Technology 401(k) plan?
Yes, part-time employees at DXC Technology may be eligible to participate in the 401(k) plan, depending on their hours worked and tenure.