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Healthcare Provider Update: Healthcare Provider for Casey's General Stores Casey's General Stores utilizes The Retirement Group as its healthcare provider, which assists retirees and employees in navigating healthcare benefits and understanding changing healthcare costs. Potential Healthcare Cost Increases in 2026 As 2026 approaches, Casey's General Stores employees and retirees may face significant increases in healthcare costs, largely due to anticipated record hikes in Affordable Care Act (ACA) premiums. With some states predicting premium increases surpassing 60%, coupled with the expiration of enhanced federal subsidies, the potential for out-of-pocket expenses to climb by over 75% looms large. This perfect storm of rising medical expenses and regulatory changes could place additional financial strain on those relying on ACA plans, necessitating careful budgeting and planning to mitigate the impact of these changes. Click here to learn more
Most Casey's General Stores 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 Casey's General Stores 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 Casey's General Stores employee could secure may surprise you.
- Finder.com, 2019
- StudentAid.gov, 2020
What type of retirement savings plan does Casey's General Stores offer to its employees?
Casey's General Stores offers a 401(k) retirement savings plan to help employees save for their future.
Is the 401(k) plan at Casey's General Stores available to all employees?
Yes, the 401(k) plan at Casey's General Stores is available to all eligible employees.
Does Casey's General Stores provide matching contributions to the 401(k) plan?
Yes, Casey's General Stores provides a matching contribution to the 401(k) plan, subject to certain conditions.
How can employees at Casey's General Stores enroll in the 401(k) plan?
Employees at Casey's General Stores can enroll in the 401(k) plan by completing the enrollment process through the company's HR portal.
What is the minimum age requirement to participate in Casey's General Stores' 401(k) plan?
The minimum age requirement to participate in Casey's General Stores' 401(k) plan is typically 21 years old.
Can employees at Casey's General Stores take loans against their 401(k) savings?
Yes, employees at Casey's General Stores may have the option to take loans against their 401(k) savings, depending on the plan's provisions.
What investment options are available in Casey's General Stores' 401(k) plan?
Casey's General Stores' 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.
How often can employees at Casey's General Stores change their 401(k) contribution amounts?
Employees at Casey's General Stores can typically change their 401(k) contribution amounts on a quarterly basis or as specified in the plan documents.
What is the vesting schedule for employer contributions in Casey's General Stores' 401(k) plan?
The vesting schedule for employer contributions in Casey's General Stores' 401(k) plan may vary, but employees usually become fully vested after a certain number of years of service.
Are there any fees associated with Casey's General Stores' 401(k) plan?
Yes, there may be administrative fees and investment-related fees associated with Casey's General Stores' 401(k) plan, which are disclosed in the plan documents.
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