Healthcare Provider Update: Healthcare Provider for DXC Technology DXC Technology collaborates with various healthcare providers to enhance its technology and consulting services. One notable partner is Optum, which is part of UnitedHealth Group. Together, they focus on implementing innovative health solutions and improving patient care through data-driven insights and technology advancements. Potential Healthcare Cost Increases in 2026 As healthcare costs continue to rise, 2026 is poised for significant premium increases across the Affordable Care Act (ACA) marketplace. With record ACA premium hikes anticipated-some states reporting over 60% increases-consumers may face a staggering jump in out-of-pocket costs due to the potential loss of federal subsidies. Without congressional renewal of enhanced premium tax credits, over 22 million marketplace enrollees could experience premiums rising by 75% or more. This confluence of rising medical costs, structural changes in the healthcare marketplace, and insurer profit pressures marks a critical moment for consumers navigating their healthcare options. This brief overview encapsulates the challenges ahead, underscoring the importance of proactive planning for individuals and families as they face potentially overwhelming healthcare expenses in the near future. Click here to learn more
Preparing for retirement at DXC Technology 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 DXC Technology 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 DXC Technology. Do you have clear, defined goals for what you want your retirement to look like? And do you know where your DXC Technology retirement accounts stand today? Being proactive with your DXC Technology 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 DXC Technology offer?
DXC Technology offers a 401(k) retirement savings plan to help employees save for their future.
Does DXC Technology provide matching contributions to the 401(k) plan?
Yes, DXC Technology offers matching contributions to the 401(k) plan, helping employees maximize their retirement savings.
What is the eligibility requirement to participate in the 401(k) plan at DXC Technology?
Employees at DXC Technology are eligible to participate in the 401(k) plan after completing a specified period of service, typically within the first year of employment.
Can employees of DXC Technology choose how much to contribute to their 401(k) plan?
Yes, employees at DXC Technology can choose their contribution percentage, allowing them to tailor their savings according to their financial goals.
What investment options are available in the DXC Technology 401(k) plan?
The DXC Technology 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.
How often can employees change their contribution amounts in the DXC Technology 401(k) plan?
Employees at DXC Technology can change their contribution amounts at any time, allowing for flexibility in their savings strategy.
Does DXC Technology allow for loans against the 401(k) plan?
Yes, DXC Technology permits employees to take loans against their 401(k) plan, subject to certain conditions and limits.
What happens to my 401(k) plan if I leave DXC Technology?
If you leave DXC Technology, you can choose to roll over your 401(k) balance to another retirement account, leave it in the DXC plan, or cash it out, subject to tax implications.
Is there a vesting schedule for the employer match in the DXC Technology 401(k) plan?
Yes, DXC Technology has a vesting schedule for employer matching contributions, which means you must work for the company for a certain period to fully own those contributions.
Can part-time employees participate in the DXC Technology 401(k) plan?
Yes, part-time employees at DXC Technology may be eligible to participate in the 401(k) plan, depending on their hours worked and tenure.