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

Empowering Women at Charter Communications: 4 Essential Retirement Strategies to Consider

Healthcare Provider Update: Healthcare Provider for Charter Communications Charter Communications offers employees health insurance through various plans, primarily provided by UnitedHealthcare. These plans include a range of options to cater to different healthcare needs, ensuring that employees have access to comprehensive medical care. Potential Healthcare Cost Increases in 2026 As we approach 2026, substantial increases in healthcare costs are anticipated, particularly impacting employees at Charter Communications. With healthcare insurance premiums under the Affordable Care Act (ACA) expected to rise significantly, many states could see hikes exceeding 60%. The expiration of enhanced federal premium subsidies, coupled with rising medical expenses, may compel approximately 92% of ACA marketplace enrollees to confront out-of-pocket premium increases of over 75%. This scenario underscores the need for strategic planning to navigate anticipated financial pressures effectively. Click here to learn more

Preparing for retirement at Charter Communications 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 Charter Communications 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 Charter Communications. Do you have clear, defined goals for what you want your retirement to look like? And do you know where your Charter Communications retirement accounts stand today? Being proactive with your Charter Communications 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 is the 401(k) plan offered by Charter Communications?

The 401(k) plan at Charter Communications is a retirement savings plan that allows employees to save a portion of their salary on a pre-tax basis, helping them prepare for retirement.

Does Charter Communications offer a company match for its 401(k) contributions?

Yes, Charter Communications offers a company match on employee contributions to the 401(k) plan, which helps employees maximize their retirement savings.

How can employees at Charter Communications enroll in the 401(k) plan?

Employees at Charter Communications can enroll in the 401(k) plan through the company’s benefits portal or by contacting the HR department for assistance.

What are the eligibility requirements for Charter Communications' 401(k) plan?

Employees of Charter Communications who meet the minimum age and service requirements are eligible to participate in the 401(k) plan.

Can employees at Charter Communications change their contribution amount to the 401(k) plan?

Yes, employees can change their contribution amount to the 401(k) plan at any time, subject to the plan's guidelines.

What investment options are available in the Charter Communications 401(k) plan?

The 401(k) plan at Charter Communications offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.

When can employees at Charter Communications access their 401(k) funds?

Employees can access their 401(k) funds upon reaching retirement age, or in certain circumstances such as hardship withdrawals, as defined by the plan.

Does Charter Communications provide educational resources for employees regarding the 401(k) plan?

Yes, Charter Communications provides educational resources and tools to help employees understand and manage their 401(k) savings effectively.

What happens to an employee's 401(k) account if they leave Charter Communications?

If an employee leaves Charter Communications, they can choose to roll over their 401(k) balance to another retirement account, cash out, or leave it in the Charter 401(k) plan, subject to specific conditions.

Is there a vesting schedule for the company match in the Charter Communications 401(k) plan?

Yes, Charter Communications has a vesting schedule for the company match, which means that employees must work for a certain period before they fully own the matched contributions.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.

Charter Communications is a leading broadband connectivity company and cable operator. The company provides services under the Spectrum brand, offering cable television, internet, and voice services.

Charter Communications offers RSUs and stock options to eligible employees. These incentives vest over time, aligning employee interests with company performance.

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For more information you can reach the plan administrator for Charter Communications at 400 Atlantic Street Stamford, CT 6901; or by calling them at 1-203-905-7800.