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

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Alexandria Real Estate Equities Employees: Unlock the Benefits of the Federal Student Grant Program for Your Family's Education

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Healthcare Provider Update: Healthcare Provider for Alexandria Real Estate Equities Alexandria Real Estate Equities typically collaborates with a variety of healthcare insurance providers to facilitate employee health benefits. While specific affiliations may vary, employees commonly have access to major health insurance networks such as UnitedHealthcare, Anthem, or Cigna, ensuring comprehensive coverage aligned with their health care needs. Potential Healthcare Cost Increases for Alexandria Real Estate Equities in 2026 As Alexandria Real Estate Equities prepares for 2026, employees may face significant healthcare cost increases due to anticipated sharp rises in Affordable Care Act (ACA) premiums. With some states projecting hikes of over 60%, many employees could see their out-of-pocket healthcare expenses rise markedly. Additionally, without the renewal of enhanced federal premium subsidies, over 22 million policyholders may experience premium increases exceeding 75%. Alexandria Real Estate Equities employees should proactively review their benefits and consider strategic adjustments to mitigate the impact of these looming cost escalations. Click here to learn more

Most Alexandria Real Estate Equities 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 Alexandria Real Estate Equities 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 Alexandria Real Estate Equities employee could secure may surprise you.

  •  Finder.com, 2019
  •  StudentAid.gov, 2020

What type of retirement plan does Alexandria Real Estate Equities offer to its employees?

Alexandria Real Estate Equities offers a 401(k) retirement savings plan to its employees.

How can employees of Alexandria Real Estate Equities enroll in the 401(k) plan?

Employees of Alexandria Real Estate Equities can enroll in the 401(k) plan by completing the enrollment process through the company’s HR portal or by contacting the HR department for assistance.

Does Alexandria Real Estate Equities offer a company match for its 401(k) contributions?

Yes, Alexandria Real Estate Equities provides a company match on employee contributions to the 401(k) plan, subject to certain limits.

What is the maximum contribution limit for the 401(k) plan at Alexandria Real Estate Equities?

The maximum contribution limit for the 401(k) plan at Alexandria Real Estate Equities aligns with the IRS limits, which are updated annually.

Can employees of Alexandria Real Estate Equities take loans against their 401(k) balances?

Yes, employees of Alexandria Real Estate Equities may have the option to take loans against their 401(k) balances, subject to the plan's specific terms and conditions.

What investment options are available in the Alexandria Real Estate Equities 401(k) plan?

The Alexandria Real Estate Equities 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.

Is there a vesting schedule for the company match in the Alexandria Real Estate Equities 401(k) plan?

Yes, Alexandria Real Estate Equities has a vesting schedule for the company match, which means employees must work for a certain period to fully own the matched contributions.

How often can employees change their contribution amounts to the Alexandria Real Estate Equities 401(k) plan?

Employees of Alexandria Real Estate Equities can typically change their contribution amounts at any time, subject to the plan's rules.

What happens to the 401(k) plan if an employee leaves Alexandria Real Estate Equities?

If an employee leaves Alexandria Real Estate Equities, they have several options regarding their 401(k) plan, including rolling it over to another retirement account, cashing it out, or leaving it with the current plan.

Does Alexandria Real Estate Equities provide educational resources for employees regarding their 401(k) plan?

Yes, Alexandria Real Estate Equities provides educational resources and tools to help employees understand their 401(k) plan options and make informed decisions.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Alexandria Real Estate Equities has recently announced a restructuring plan that includes layoffs and changes to employee benefits. This decision is significant given the current economic environment, which is characterized by rising interest rates and inflationary pressures. Addressing this news is crucial as it impacts the company's operational efficiency and could influence investor sentiment and future market conditions.
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For more information you can reach the plan administrator for Alexandria Real Estate Equities at 385 East Colorado Boulevard, Suite 299 Pasadena, CA 91101; or by calling them at (626) 578-9693.

*Please see disclaimer for more information

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