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

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Empowering Women at Danaher: 4 Essential Retirement Strategies to Consider

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Healthcare Provider Update: Healthcare Provider for Danaher Corporation Danaher Corporation, a leading global life sciences and diagnostics innovator, offers healthcare coverage primarily through employer-sponsored health insurance plans. Danaher employees typically have access to comprehensive medical benefits which may include various insurance options like HMOs, PPOs, or high-deductible health plans (HDHPs), depending on individual preferences and locality. Details on Danaher's specific healthcare providers and coverage options can be accessed through the company's human resources department or employee benefits resources. Upcoming Healthcare Cost Increases in 2026 As we look towards 2026, significant hikes in healthcare costs appear unavoidable, especially for those enrolled in Affordable Care Act (ACA) marketplace plans. Some states are projected to see premiums rise by more than 60%, driven by factors such as the expiration of enhanced federal subsidies and relentless medical trend inflation. Insurers are seeking aggressive rate hikes in response to increased medical expenses and substantial profits, gearing up for a scenario where enrollees could face out-of-pocket premium increases exceeding 75%. This culminates in a challenging landscape for healthcare consumers, necessitating strategic planning and proactive measures for cost management. Click here to learn more

Preparing for retirement at Danaher 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 Danaher 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 Danaher.  Do you have clear, defined goals for what you want your retirement to look like? And do you know where your Danaher retirement accounts stand today? Being proactive with your Danaher 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 savings plan does Danaher offer to its employees?

Danaher offers a 401(k) retirement savings plan to its employees.

How can Danaher employees enroll in the 401(k) plan?

Danaher employees can enroll in the 401(k) plan through the company’s HR portal or by contacting the HR department for assistance.

Does Danaher provide any matching contributions to the 401(k) plan?

Yes, Danaher provides matching contributions to the 401(k) plan, which helps employees maximize their retirement savings.

What is the vesting schedule for Danaher's 401(k) matching contributions?

Danaher has a specific vesting schedule for matching contributions, which typically requires employees to work for a certain number of years before they fully own the employer match.

Can Danaher employees contribute to their 401(k) plan on a pre-tax basis?

Yes, Danaher employees can make pre-tax contributions to their 401(k) plan, reducing their taxable income.

Is there a Roth option available for Danaher's 401(k) plan?

Yes, Danaher offers a Roth 401(k) option, allowing employees to contribute after-tax dollars for tax-free withdrawals in retirement.

What is the maximum contribution limit for Danaher employees participating in the 401(k) plan?

The maximum contribution limit for Danaher employees is determined by IRS guidelines, which are updated annually.

Can Danaher employees change their contribution percentage to the 401(k) plan at any time?

Yes, Danaher employees can change their contribution percentage at any time, typically through the HR portal.

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

Danaher provides a variety of investment options within its 401(k) plan, including mutual funds, target-date funds, and other investment vehicles.

Are there any fees associated with Danaher's 401(k) plan?

Yes, there may be fees associated with Danaher’s 401(k) plan, which are disclosed in the plan documents provided to employees.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Danaher provides RSUs and stock options to eligible employees.
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For more information you can reach the plan administrator for Danaher at 2200 Pennsylvania Ave NW Washington, DC 20037; or by calling them at (202) 828-0850.

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