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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 Nu Skin Enterprises: 4 Essential Retirement Strategies to Consider

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Healthcare Provider Update: Nu Skin Enterprises offers healthcare benefits to its employees through various providers, primarily collaborating with large national insurers. For 2026, Nu Skin Enterprises employees should prepare for potential healthcare costs to rise significantly. Record premium increases are anticipated, particularly within the Affordable Care Act marketplace; some states may see hikes exceeding 60%. Contributing factors include escalating medical costs, the potential expiration of enhanced federal premium subsidies, and aggressive rate increases from major insurers. As many companies consider shifting a greater share of healthcare expenses onto employees, Nu Skin's workers might face larger out-of-pocket costs, making it crucial for them to stay informed about benefit adjustments and optimize their healthcare plan selections. Click here to learn more

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

Nu Skin Enterprises offers a 401(k) retirement savings plan to help employees save for their future.

Is participation in the 401(k) plan at Nu Skin Enterprises mandatory?

No, participation in the 401(k) plan at Nu Skin Enterprises is voluntary, allowing employees to choose whether or not to enroll.

What is the employer match policy for the 401(k) plan at Nu Skin Enterprises?

Nu Skin Enterprises provides a matching contribution to the 401(k) plan, which helps employees maximize their retirement savings.

How can employees at Nu Skin Enterprises enroll in the 401(k) plan?

Employees at Nu Skin Enterprises can enroll in the 401(k) plan through the company’s HR portal during designated enrollment periods.

What are the contribution limits for the 401(k) plan at Nu Skin Enterprises?

The contribution limits for the 401(k) plan at Nu Skin Enterprises are set in accordance with IRS guidelines, which can change annually.

Can employees at Nu Skin Enterprises take loans against their 401(k) savings?

Yes, employees at Nu Skin Enterprises may have the option to take loans against their 401(k) savings, subject to specific plan rules.

What investment options are available in the Nu Skin Enterprises 401(k) plan?

The 401(k) plan at Nu Skin Enterprises offers a variety of investment options, including mutual funds and target-date funds, to suit different risk tolerances.

How often can employees at Nu Skin Enterprises change their 401(k) contribution amounts?

Employees at Nu Skin Enterprises can change their 401(k) contribution amounts at any time, subject to the plan’s guidelines.

What happens to the 401(k) savings if an employee leaves Nu Skin Enterprises?

If an employee leaves Nu Skin Enterprises, they have several options for their 401(k) savings, including rolling it over to another retirement account or cashing it out.

Does Nu Skin Enterprises provide educational resources for employees regarding their 401(k) plan?

Yes, Nu Skin Enterprises offers educational resources and workshops to help employees understand their 401(k) plan and make informed investment decisions.

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For more information you can reach the plan administrator for Nu Skin Enterprises at , ; or by calling them at .

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