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

Empowering Women at Energizer Holdings: 4 Essential Retirement Strategies to Consider

Healthcare Provider Update: Offers multiple High Deductible Health Plans (HDHPs) through UnitedHealthcare, with HSA contributions, dental (MetLife), vision, and wellness programs 1. As ACA premiums rise and subsidies expire, Energizers HDHPs with HSA support offer a tax-advantaged way to manage healthcare costs, especially for employees with predictable medical needs. Click here to learn more

Preparing for retirement at Energizer Holdings 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 Energizer Holdings 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 Energizer Holdings. Do you have clear, defined goals for what you want your retirement to look like? And do you know where your Energizer Holdings retirement accounts stand today? Being proactive with your Energizer Holdings 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

Featured Video

Articles you may find interesting:

What type of retirement savings plan does Energizer Holdings offer to its employees?

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

Does Energizer Holdings provide a company match for contributions made to the 401(k) plan?

Yes, Energizer Holdings provides a company match for employee contributions to the 401(k) plan, subject to specific terms and conditions.

What is the eligibility requirement to participate in the Energizer Holdings 401(k) plan?

Employees of Energizer Holdings are typically eligible to participate in the 401(k) plan after completing a specified period of service, as outlined in the plan documents.

Can employees of Energizer Holdings choose how their 401(k) contributions are invested?

Yes, employees at Energizer Holdings can choose from a variety of investment options for their 401(k) contributions.

How does Energizer Holdings ensure that employees are informed about their 401(k) plan options?

Energizer Holdings provides educational materials, workshops, and access to financial advisors to help employees understand their 401(k) plan options.

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

Yes, there is a vesting schedule for the company match in the Energizer Holdings 401(k) plan, which determines how much of the match employees are entitled to based on their years of service.

What is the maximum contribution limit for the Energizer Holdings 401(k) plan?

The maximum contribution limit for the Energizer Holdings 401(k) plan is in line with IRS guidelines, which may change annually.

Can employees of Energizer Holdings take loans against their 401(k) accounts?

Yes, Energizer Holdings allows employees to take loans against their 401(k) accounts under certain conditions outlined in the plan.

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

If an employee leaves Energizer Holdings, they have several options for their 401(k) account, including cashing out, rolling it over to another retirement account, or leaving it in the Energizer Holdings plan if allowed.

Does Energizer Holdings offer any resources for retirement planning?

Yes, Energizer Holdings provides resources and tools for retirement planning, including access to financial advisors and online calculators.

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

Energizer Holdings provides its employees with a retirement plan that includes both a pension plan and a 401(k) plan, designed to help employees secure their financial future. The company offers the Energizer Holdings, Inc. Retirement Plan, which has gone through notable changes in recent years. In 2023, Energizer Holdings completed a pension plan annuity buyout, resulting in a $50.2 million recognition of unamortized actuarial losses (Energizer Holdings - Investors). For the 401(k) plan, Energizer Holdings offers a match of up to 6%, where the company matches 100% of employee contributions up to this limit. Employees can also make additional contributions beyond this match, and for employees over 50 years of age, catch-up contributions are available. The 401(k) plan is known to have typical features such as tax-deferral benefits and company contributions

Restructuring and Layoffs: Energizer Holdings has announced a significant restructuring initiative aimed at streamlining operations and reducing costs. This plan includes a reduction in workforce across several departments. The company has stated that these layoffs are necessary to improve efficiency and profitability amidst a challenging economic environment. It is crucial to follow this development due to its potential impact on employees and the overall company strategy in response to current market pressures.

Energizer Holdings offers stock options and RSUs to its executive team and key employees. The company uses the acronym SO for Stock Options and RSU for Restricted Stock Units. Specifics about these benefits are outlined in their annual proxy statements and are updated annually.

Energizer Holdings: Healthcare Benefits Information 1. Company Official Website: Website: Energizer Holdings Careers Healthcare Benefits: Energizer Holdings offers a comprehensive benefits package including medical, dental, and vision insurance. They also provide a wellness program that includes various health-related resources and preventive care initiatives. 2. Glassdoor: Website: Glassdoor - Energizer Holdings Benefits Healthcare Benefits: Employees have reported access to standard healthcare benefits including medical, dental, and vision coverage. Glassdoor reviews suggest that the healthcare plan is competitive but varies by location and employee level. 3. Indeed: Website: Indeed - Energizer Holdings Benefits Healthcare Benefits: According to Indeed, Energizer Holdings provides a range of healthcare benefits including medical, dental, and vision insurance. The company also offers a health savings account (HSA) and flexible spending accounts (FSA). 4. LinkedIn: Website: LinkedIn - Energizer Holdings Benefits Healthcare Benefits: LinkedIn mentions that Energizer Holdings offers healthcare benefits as part of their overall employee benefits package. Details on specific plans or coverage are not extensively detailed but include basic medical, dental, and vision options. 5. HR & Employee Benefits Websites: Website: Payscale - Energizer Holdings Benefits Healthcare Benefits: Payscale provides information on Energizer Holdings' benefits including medical, dental, and vision insurance. They also highlight employee feedback on the quality of these benefits.

Additional Articles

Check Out Articles for Energizer Holdings employees

For more information you can reach the plan administrator for Energizer Holdings at 533 Maryville University Dr, Suite 200 St. Louis, MO 63141; or by calling them at (314) 985-2000.

https://www.linkedin.com/uas/login?session_redirect=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fenergizer-holdings%2Fbenefits%2F https://www.pbgc.gov/ https://www.plansponsor.com/ https://www.thelayoff.com/#google_vignette https://www.bloomberg.com/asia https://www.reuters.com/ https://www.forbes.com/