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

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Graphic Packaging Holding Retirement Seen Through Your Eyes

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Healthcare Provider Update: Healthcare Provider for Graphic Packaging Holding Graphic Packaging Holding offers a 401(k) retirement plan, and while specific health insurance providers for the company are not explicitly detailed in public sources, employees often have access to various plans compliant with the Affordable Care Act (ACA). Employees should consult with their HR department or benefits administrator for precise details regarding their healthcare provider options. Healthcare Cost Increases in 2026 As 2026 approaches, Graphic Packaging Holding employees face potential healthcare cost increases due to significant projected hikes in ACA marketplace premiums. Reports indicate that many insurers are raising rates significantly, with some states anticipating increases exceeding 60%. Compounding the challenge are the potential expiration of enhanced federal subsidies, which could result in over 75% of enrollees experiencing sharp out-of-pocket premium increases. As a result, employees must proactively strategize their healthcare choices to mitigate the impact of these escalating costs and explore their benefits early to ensure affordability. Click here to learn more

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

'As Graphic Packaging Holding 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 Graphic Packaging Holding 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, Graphic Packaging Holding 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 Graphic Packaging Holding offer to its employees?

Graphic Packaging Holding offers a 401(k) retirement savings plan to its employees.

Does Graphic Packaging Holding provide a company match for contributions to the 401(k) plan?

Yes, Graphic Packaging Holding offers a company match for employee contributions to the 401(k) plan, subject to specific terms and conditions.

At what age can employees of Graphic Packaging Holding start participating in the 401(k) plan?

Employees of Graphic Packaging Holding can typically start participating in the 401(k) plan after they reach the age of 21.

How can employees of Graphic Packaging Holding enroll in the 401(k) plan?

Employees of Graphic Packaging Holding can enroll in the 401(k) plan through the company’s HR portal or by contacting the HR department for assistance.

What is the maximum employee contribution limit for the 401(k) plan at Graphic Packaging Holding?

The maximum employee contribution limit for the 401(k) plan at Graphic Packaging Holding is set by the IRS and may change annually; employees should check the latest guidelines.

Does Graphic Packaging Holding allow employees to take loans against their 401(k) savings?

Yes, Graphic Packaging Holding allows employees to take loans against their 401(k) savings, subject to specific plan rules.

Can employees of Graphic Packaging Holding change their contribution percentage to the 401(k) plan?

Yes, employees of Graphic Packaging Holding can change their contribution percentage at any time, following the plan’s guidelines.

What investment options are available in the Graphic Packaging Holding 401(k) plan?

The Graphic Packaging Holding 401(k) plan offers a variety of investment options, including mutual funds and target-date funds, among others.

Is there a vesting schedule for the company match in the 401(k) plan at Graphic Packaging Holding?

Yes, Graphic Packaging Holding has a vesting schedule for the company match, which determines when employees fully own the matched contributions.

How can employees of Graphic Packaging Holding access their 401(k) account information?

Employees of Graphic Packaging Holding can access their 401(k) account information online through the plan’s designated website or mobile app.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Pension Plan Name: Graphic Packaging Holding Pension Plan Pension Formula: The pension benefit is calculated based on a formula that includes years of service and the average of the highest five consecutive years of salary. Eligibility: Employees must have at least 5 years of service and be 55 years old to qualify for retirement benefits. 401(k) Plan Name: Graphic Packaging Holding 401(k) Plan 401(k) Eligibility: Employees are eligible to participate in the 401(k) plan after 90 days of employment.
Restructuring and Layoffs: In 2023, Graphic Packaging Holding announced a significant restructuring initiative aimed at optimizing its manufacturing operations. This included the closure of certain facilities and a reduction in workforce by approximately 10%. This move was part of a broader effort to streamline operations and reduce costs in response to shifting market demands and increased competition. Company Benefits Changes: The company has also revised its benefits package in light of the restructuring. Changes include adjustments to health insurance plans and alterations in retirement plan contributions. These modifications are intended to align the benefits structure with the new organizational framework and economic conditions.
Graphic Packaging Holding Stock Options (GPK Options): 2022: GPK offered stock options primarily to senior executives and key employees as part of their compensation package. The options were usually granted with a vesting period of 3-4 years. 2023: GPK revised their stock option grants to include more mid-level management positions in addition to senior executives. The options were granted with performance-based vesting criteria. 2024: GPK continued to offer stock options, now including a broader range of employees in key operational roles. Vesting periods remained consistent with prior years.
1. Company's Official Website Website: Graphic Packaging Holding - Careers & Benefits Navigate to: The careers section or benefits page on the official website. Search for: Health benefits, healthcare terms, acronyms, and any relevant updates. 2. General Search Engines Sources: Google, Bing, Yahoo Search for: “Graphic Packaging Holding health benefits 2022 2023 2024” Keywords to look for: Health insurance, wellness programs, employee assistance programs, health savings accounts (HSAs), flexible spending accounts (FSAs), and any specific healthcare terms or acronyms used by the company. 3. Employee Review Sites Websites: Glassdoor (Glassdoor) Indeed (Indeed) Comparably (Comparably) Search for: Reviews or employee feedback on health benefits. Look for: Insights on benefits from current or past employees, including satisfaction levels and specifics about health plans. 4. News Websites Websites: Bloomberg (Bloomberg) Reuters (Reuters) CNBC (CNBC) Search for: Recent news articles or press releases related to Graphic Packaging Holding's employee benefits and healthcare. Keywords to use: Employee healthcare changes, benefits adjustments, healthcare coverage updates. 5. Industry Reports and Publications Sources: Business Insider (Business Insider) HR Dive (HR Dive) SHRM (SHRM) Search for: Industry-specific reports on employee benefits that may include information on Graphic Packaging Holding. Keywords to use: Employee benefits trends, healthcare benefits in manufacturing, company-specific benefit analyses.
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For more information you can reach the plan administrator for Graphic Packaging Holding at , ; or by calling them at .

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