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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 Republic Services: 4 Essential Retirement Strategies to Consider

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Healthcare Provider Update: Healthcare Provider for Republic Services Republic Services offers health insurance benefits to its employees through various providers, including Aetna, UnitedHealthcare, and Cigna, depending on the location and specific plan options. These providers typically include various healthcare plans, encompassing options for medical, dental, and vision coverage. Overview of Potential Healthcare Cost Increases in 2026 In 2026, healthcare costs are poised to rise significantly, particularly affecting Republic Services employees. Record increases in premiums for Affordable Care Act (ACA) marketplace plans are anticipated, with some areas seeing hikes of over 60%. Many employers, including Republic Services, may respond by shifting more healthcare costs onto employees through higher deductibles or increased out-of-pocket expenses. As a result, employees should review their benefit choices carefully and consider strategies to mitigate rising costs, as the combination of expiring premium subsidies and escalating medical prices could lead to overwhelming financial burdens for many households. Click here to learn more

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

Republic Services offers a 401(k) retirement savings plan to help employees save for their future.

Is there an employer match for contributions made to the Republic Services 401(k) plan?

Yes, Republic Services provides an employer match for employee contributions to the 401(k) plan, subject to certain conditions.

How can employees at Republic Services enroll in the 401(k) plan?

Employees at Republic Services can enroll in the 401(k) plan through the company's benefits portal during the enrollment period or upon eligibility.

What is the eligibility requirement for Republic Services employees to participate in the 401(k) plan?

Republic Services employees are generally eligible to participate in the 401(k) plan after completing a specified period of service, typically 30 days.

Can Republic Services employees make changes to their 401(k) contributions?

Yes, Republic Services employees can change their contribution amounts at any time, subject to plan rules.

What investment options are available in the Republic Services 401(k) plan?

The Republic Services 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and company stock.

Does Republic Services allow employees to take loans against their 401(k) savings?

Yes, Republic Services permits employees to take loans from their 401(k) accounts under certain conditions.

What happens to my Republic Services 401(k) account if I leave the company?

If you leave Republic Services, you can choose to roll over your 401(k) balance to a new employer's plan, an IRA, or cash out your account, subject to taxes and penalties.

Are there any fees associated with the Republic Services 401(k) plan?

Yes, there may be administrative fees associated with the Republic Services 401(k) plan, which are disclosed in the plan documents.

How often can Republic Services employees review their 401(k) account statements?

Republic Services employees can review their 401(k) account statements quarterly, and they may also access their account online at any time.

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