<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=314834185700910&amp;ev=PageView&amp;noscript=1">

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

Learn More

Boyd Gaming Employees: Unlock the Benefits of the Federal Student Grant Program for Your Family's Education

image-table

Healthcare Provider Update: Healthcare Provider Information for Boyd Gaming: Boyd Gaming provides healthcare benefits to its employees through a partnership with several major insurance carriers. While the specific provider may vary by region and plan, it is known that companies like UnitedHealthcare are frequently used to provide ACA-compliant health insurance options for Boyd Gaming employees. Potential Healthcare Cost Increases in 2026: In 2026, Boyd Gaming employees can expect significant healthcare cost increases, driven by various market dynamics. With health insurance premiums under the Affordable Care Act projected to rise sharply-and in some states exceeding 60%-many enrollees could face a staggering 75% hike in out-of-pocket costs if enhanced federal subsidies expire. Factors such as ongoing medical inflation, rising prescription prices, and hefty insurer rate increases are complicating the landscape, thereby necessitating strategic financial planning for employees approaching early retirement or anticipating major healthcare needs. Click here to learn more

Most Boyd Gaming 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 Boyd Gaming 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

Featured Video

Articles you may find interesting:

Loading...

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 Boyd Gaming employee could secure may surprise you.

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

What is the 401(k) plan offered by Boyd Gaming?

Boyd Gaming offers a 401(k) plan that allows employees to save for retirement by contributing a portion of their salary on a pre-tax basis.

How can I enroll in Boyd Gaming's 401(k) plan?

You can enroll in Boyd Gaming's 401(k) plan by completing the enrollment form provided by the HR department or through the employee benefits portal.

Does Boyd Gaming match employee contributions to the 401(k) plan?

Yes, Boyd Gaming offers a matching contribution to the 401(k) plan, which helps employees maximize their retirement savings.

What is the maximum contribution limit for Boyd Gaming's 401(k) plan?

The maximum contribution limit for Boyd Gaming's 401(k) plan follows IRS guidelines, which may change annually. Employees should check the latest limits each year.

When can I start contributing to Boyd Gaming's 401(k) plan?

Employees at Boyd Gaming can start contributing to the 401(k) plan after completing their eligibility requirements, typically within the first few months of employment.

Can I change my contribution percentage in Boyd Gaming's 401(k) plan?

Yes, employees can change their contribution percentage at any time by submitting a request through the employee benefits portal or HR.

What investment options are available in Boyd Gaming's 401(k) plan?

Boyd Gaming's 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to suit different risk tolerances.

How often can I change my investment choices in Boyd Gaming's 401(k) plan?

Employees can change their investment choices in Boyd Gaming's 401(k) plan as often as they wish, subject to any trading restrictions set by the plan.

Is there a vesting schedule for Boyd Gaming's 401(k) matching contributions?

Yes, Boyd Gaming has a vesting schedule for matching contributions, which means that employees must work for a certain period to fully own the employer's contributions.

How can I access my Boyd Gaming 401(k) account?

You can access your Boyd Gaming 401(k) account online through the employee benefits portal or by contacting the plan administrator for assistance.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Boyd Gaming announced a restructuring plan to reduce operational costs by 10% over the next year, including potential layoffs in non-core departments. The company is also reviewing its pension plan to ensure sustainability amidst current economic pressures.
New call-to-action

Additional Articles

Check Out Articles for Boyd Gaming employees

Loading...

For more information you can reach the plan administrator for Boyd Gaming at 3883 Howard Hughes Pkwy Las Vegas, NV 89169; or by calling them at +1 702-792-7200.

*Please see disclaimer for more information

Relevant Articles

Check Out Articles for Boyd Gaming employees