Healthcare Provider Update: Beazer Homes USA provides healthcare benefits through its association with major insurance carriers, though the specific healthcare provider is not explicitly mentioned. However, typical providers for many such companies often include national insurers like UnitedHealthcare, Blue Cross Blue Shield, or Cigna, underscoring the importance of verifying the exact plan through the company's HR resources or internal communications. As we look ahead to 2026, Beazer Homes USA employees should anticipate significant healthcare cost increases. With premiums for Affordable Care Act (ACA) plans projected to rise sharply-some states facing hikes over 60%-the burden will likely shift to employees. Many employers, including Beazer, may respond to escalating healthcare expenses by raising deductibles and out-of-pocket maximums, potentially heightening the financial strain on workers. Proactive engagement with benefit planning and understanding these impending changes will be crucial for employees to navigate their healthcare options effectively. Click here to learn more
Preparing for retirement at Beazer Homes USA can look a little different for women than it does for men. Although stereotypes are changing, women are still more likely to serve as caretakers than men are, meaning they may accumulate less income and benefits due to their time absent from the workforce. Research shows that 31% of women are currently or have been caregivers during their careers. Women who are working also tend to put less money aside for retirement. According to one report, women contribute 30% less to their retirement accounts than men.
These numbers may seem overwhelming, but you don’t have to be a statistic. With a little foresight, you can start taking steps now, which may help you in the long run. Here are three steps to consider that may put Beazer Homes USA employees ahead of the curve.
- Talk about money. Nowadays, discussing money is less taboo than it’s been in the past, and it’s crucial to take control of your financial future. If you’re single, consider writing down your retirement goals and keeping them readily accessible. If you have a partner, make sure you are both on the same page regarding your retirement goals. The more comfortably you can talk about your future, the more confident you may be to make important decisions when they come up.
- Be proactive about your retirement after Beazer Homes USA. Do you have clear, defined goals for what you want your retirement to look like? And do you know where your Beazer Homes USA retirement accounts stand today? Being proactive with your Beazer Homes USA retirement accounts allows you to create a goal-oriented roadmap. It may also help to adapt when necessary and continue their journey regardless of things like relationship status or market fluctuations.
- Make room for your future in your budget. Adjust your budget to allow for retirement savings, just as you would for a new home or your dream vacation. Like any of your other financial goals, you may find it beneficial to review your retirement goals on a regular basis to make sure you’re on track.
- Retirement may look a little different for women, but with the right strategies – and support – you’ll be able to live the retirement you’ve always dreamed of.
- Transamerica.com, 2021
- GAO.gov, 2021
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What type of retirement plan does Beazer Homes USA offer to its employees?
Beazer Homes USA offers a 401(k) retirement savings plan to its employees.
Does Beazer Homes USA provide matching contributions to the 401(k) plan?
Yes, Beazer Homes USA provides matching contributions to the 401(k) plan, helping employees save for retirement.
What is the eligibility requirement for employees to participate in Beazer Homes USA's 401(k) plan?
Employees of Beazer Homes USA typically become eligible to participate in the 401(k) plan after completing a specified period of service.
Can employees at Beazer Homes USA choose how much to contribute to their 401(k) plan?
Yes, employees at Beazer Homes USA can choose to contribute a percentage of their salary to their 401(k) plan, subject to IRS limits.
What investment options are available in Beazer Homes USA's 401(k) plan?
Beazer Homes USA's 401(k) plan offers a variety of investment options, including mutual funds and target-date funds.
How can employees at Beazer Homes USA access their 401(k) account information?
Employees at Beazer Homes USA can access their 401(k) account information through the plan's online portal or by contacting the plan administrator.
Is there a vesting schedule for the employer match in Beazer Homes USA's 401(k) plan?
Yes, Beazer Homes USA has a vesting schedule for the employer match, which determines when employees fully own the matched contributions.
Can employees take loans against their 401(k) plans at Beazer Homes USA?
Yes, Beazer Homes USA allows employees to take loans against their 401(k) plans, subject to specific terms and conditions.
What happens to an employee's 401(k) plan if they leave Beazer Homes USA?
If an employee leaves Beazer Homes USA, they can choose to roll over their 401(k) balance to another retirement account, cash out, or leave it in the Beazer Homes USA plan if permitted.
Are there any fees associated with Beazer Homes USA's 401(k) plan?
Yes, Beazer Homes USA's 401(k) plan may have administrative fees and investment-related fees, which are disclosed in the plan documents.