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

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Electronic Arts Retirement Seen Through Your Eyes

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Healthcare Provider Update: Healthcare Provider for Electronic Arts Electronic Arts (EA) partners with Anthem Blue Cross Blue Shield to provide healthcare benefits to its employees. This partnership enables EA to offer a range of health insurance options that cater to the diverse needs of its workforce. Potential Healthcare Cost Increases in 2026 As we approach 2026, significant increases in healthcare costs are anticipated. With reports suggesting premium hikes could exceed 60% in certain states, especially for Affordable Care Act (ACA) marketplace plans, many consumers could face out-of-pocket premium increases of over 75%. Contributing factors include the potential expiration of enhanced federal subsidies, rising medical expenses, and aggressive rate hikes by major insurers, leading to substantial financial pressures for individuals and families relying on these healthcare plans. This perfect storm of rising costs places tremendous strain on consumers, particularly for those in the middle-income bracket, forcing them to reassess their healthcare coverage options. Click here to learn more

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

'As Electronic Arts 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 Electronic Arts 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, Electronic Arts 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 401k plan offered by Electronic Arts?

The 401k plan at Electronic Arts is a retirement savings plan that allows employees to save a portion of their salary on a pre-tax basis, helping them build a nest egg for retirement.

Does Electronic Arts match employee contributions to the 401k plan?

Yes, Electronic Arts offers a matching contribution to the 401k plan, which helps enhance employees' retirement savings.

How can employees enroll in the 401k plan at Electronic Arts?

Employees can enroll in the Electronic Arts 401k plan by accessing the benefits portal and following the enrollment instructions provided.

What is the vesting schedule for Electronic Arts' 401k matching contributions?

The vesting schedule for Electronic Arts' matching contributions typically follows a graded vesting schedule, allowing employees to earn full ownership of the match over a period of time.

Can employees change their contribution percentage to the 401k plan at Electronic Arts?

Yes, employees at Electronic Arts can change their contribution percentage at any time through the benefits portal.

What investment options are available in the Electronic Arts 401k plan?

The Electronic Arts 401k plan offers a variety of investment options, including mutual funds, target-date funds, and company stock, allowing employees to diversify their portfolios.

Is there a loan provision in the Electronic Arts 401k plan?

Yes, Electronic Arts allows employees to take loans against their 401k savings, subject to specific terms and conditions.

What happens to my 401k plan if I leave Electronic Arts?

If you leave Electronic Arts, you can choose to roll over your 401k balance to another retirement account, cash out, or leave it in the Electronic Arts plan if permitted.

Are there any fees associated with the Electronic Arts 401k plan?

Yes, there may be administrative fees associated with the Electronic Arts 401k plan, which are typically disclosed in the plan documents.

How often can employees access their 401k account information at Electronic Arts?

Employees can access their 401k account information at Electronic Arts anytime through the online benefits portal.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Electronic Arts (EA) offers a comprehensive 401(k) plan for its employees. The plan allows employees to start contributing from their date of hire. If employees do not take action within 30 days of becoming eligible, they are automatically enrolled with a 6% pre-tax deferral rate. Contributions are invested in a Vanguard Target Date Fund based on the employee's age​ (Schwab). EA matches 50% of the first 6% of eligible pay that employees contribute each pay period, with these contributions immediately vested. EA may also contribute an additional match at the end of the year depending on the company's performance. Employees can withdraw from their account at age 59½, upon experiencing a qualified hardship, or after terminating employment
Restructuring and Layoffs: In early 2024, Electronic Arts announced a significant restructuring plan affecting approximately 6% of its global workforce. The company cited a need to streamline operations and focus on key growth areas as reasons for these cuts. This decision comes in the context of broader industry trends where gaming companies are adjusting to fluctuating market demands and technological changes. It is crucial for employees and stakeholders to stay informed about these changes due to the current economic environment, where job security and investment stability are of heightened concern.
Stock Options & RSUs: EA provides stock options and RSUs as part of its compensation package. Stock options allow employees to purchase EA stock at a set price, while RSUs represent a promise to issue EA stock at a future date. Availability: Offered to executives, senior management, and high-performing employees based on performance and tenure.
Electronic Arts (EA) offers a comprehensive set of health benefits that emphasize affordability and support for chronic care management, particularly as healthcare costs have risen in recent years. In 2022, 2023, and 2024, EA’s benefits have focused on maintaining affordable premiums for employees despite rising costs due to inflation and increased utilization of expensive therapies like gene treatments and GLP-1 drugs for conditions such as diabetes and obesity​ (EA Investor Relations)​ (Healthcare Finance News). Key healthcare-related terms and acronyms frequently associated with EA's benefits include Centers of Excellence (COE) for specialized care, GLP-1 drugs for diabetes management, and behavioral health expansions via supplemental Behavioral Healthcare Provider Networks to enhance mental health access​ (Healthcare Finance News)​ (MedCity News). EA has also focused on chronic condition management through navigation services, which help employees manage complex health conditions more efficiently
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For more information you can reach the plan administrator for Electronic Arts at 209 Redwood Shores Pkwy Redwood City, CA 94065; or by calling them at (650) 628-1500.

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