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Healthcare Provider Update: Healthcare Provider for ADT: ADT primarily partners with major health insurance providers to offer its employees comprehensive healthcare coverage. Among these providers are UnitedHealthcare and Anthem Blue Cross Blue Shield, both of which are known for their extensive networks and various plan options that cater to different healthcare needs. Healthcare Cost Increases for 2026: In 2026, health insurance premiums for plans obtained through the Affordable Care Act (ACA) marketplace are poised for significant increases, with many states projecting hikes that could exceed 60%. Factors contributing to this surge include rising medical costs and the anticipated expiration of enhanced federal premium subsidies, which could result in over 22 million marketplace enrollees facing out-of-pocket premium increases of up to 75%. As leading insurers report substantial earnings, ADT employees considering their healthcare options in 2026 should prepare for a financial landscape that may demand strategic planning to mitigate rising costs. Click here to learn more
Most ADT employees have already heard of the Free Application for Federal Student Aid, or FAFSA, if they or someone they know has plans to attend a college, career school, or university. Last year, around 70% of families submitted a FAFSA to the Department of Education to secure financial assistance. But what many prospective and current students may overlook are the various federal grants awarded to students in need each year.
Granted value
Most federal grants, unlike loans, function as sources of funding. There are some exceptions, though. For example, if a student is awarded a grant, but withdraws from the program in which they’re enrolled, they may be required to pay back all or a portion of that grant.
Know your grants
The Department of Education offers multiple aid packages as part of the Federal Student Grant Program and all ADT employees should be aware of them. The following four are granted most often, and each has different requirements for eligibility. The information below applies to the 2023-2024 academic year:
- Federal Pell Grants - With a maximum award of $6,895, Pell Grants are reserved for undergraduate students who have exceptional financial need and have not earned a bachelor’s, graduate, or professional degree yet.
- Federal Supplemental Educational Opportunity Grants (FSEO) - FSEO Grants award a maximum of $4,000 to those who demonstrate exceptional need and have not yet earned a bachelor’s or graduate degree. FSEO Grants also give priority to Pell Grant recipients over other applicants.
- Iraq and Afghanistan Service Grants - These grants award a maximum of $6,895, and they’re only for students whose parent or guardian served in a branch of the U.S. Armed Forces and died while serving in Iraq or Afghanistan after the events of 9/11.
- Teacher Education Assistance for College and Higher Education (TEACH) Grants - TEACH Grants award a maximum of $4,000, and they’re reserved for students who are enrolled in teaching preparation programs and agree to teach for a minimum of 4 years at the elementary or secondary school level in a high-need field.
FAFSA Required
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No matter who you are or your financial situation, you may want to consider submitting a FAFSA. After all, the grants listed above do require recipients to have an application on file with the Department of Education. And who knows? The potential financial benefit that you as a ADT employee could secure may surprise you.
- Finder.com, 2019
- StudentAid.gov, 2020
What is the ADT 401(k) Savings Plan?
The ADT 401(k) Savings Plan is a retirement savings plan that allows employees to save a portion of their paycheck for retirement on a tax-deferred basis.
Who is eligible to participate in ADT's 401(k) Savings Plan?
All full-time employees of ADT are eligible to participate in the 401(k) Savings Plan after completing a specified period of service.
How can I enroll in ADT's 401(k) Savings Plan?
You can enroll in ADT's 401(k) Savings Plan by accessing the enrollment portal through the ADT employee benefits website or contacting HR for assistance.
What types of contributions can I make to ADT's 401(k) Savings Plan?
Employees can make pre-tax contributions, Roth (after-tax) contributions, and, in some cases, catch-up contributions if they are age 50 or older.
Does ADT match contributions to the 401(k) Savings Plan?
Yes, ADT offers a matching contribution to the 401(k) Savings Plan, which is designed to help employees maximize their retirement savings.
What is the vesting schedule for ADT's 401(k) matching contributions?
The vesting schedule for ADT's matching contributions typically follows a graded vesting schedule, where employees become fully vested after a certain number of years of service.
Can I take a loan from my ADT 401(k) Savings Plan?
Yes, ADT allows employees to take loans from their 401(k) Savings Plan, subject to specific terms and conditions outlined in the plan document.
What happens to my ADT 401(k) Savings Plan if I leave the company?
If you leave ADT, you have several options for your 401(k) Savings Plan, including rolling it over to another retirement account, leaving it with ADT, or cashing it out (subject to taxes and penalties).
How often can I change my contribution rate to ADT's 401(k) Savings Plan?
Employees can change their contribution rate to ADT's 401(k) Savings Plan at any time, subject to the plan's guidelines.
Are there investment options available in ADT's 401(k) Savings Plan?
Yes, ADT's 401(k) Savings Plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.
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