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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 Tenet Healthcare: 4 Essential Retirement Strategies to Consider

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Healthcare Provider Update: Tenet Healthcare Overview Tenet Healthcare Corporation operates a network of healthcare services, primarily through its hospitals and outpatient facilities in the United States. It is recognized for offering a broad spectrum of services, including surgical, inpatient, and outpatient care. Potential Healthcare Cost Increases in 2026 Healthcare costs, particularly insurance premiums for Affordable Care Act (ACA) plans, are projected to rise significantly in 2026, potentially exceeding 60% in some states. This increase is driven by several factors, including rising medical costs and the anticipated loss of enhanced federal premium subsidies that have benefited many consumers. Without legislative action to extend these subsidies, a vast majority of ACA enrollees may face out-of-pocket premium hikes of over 75%, placing financial strain on individuals and families seeking adequate coverage in an increasingly challenging healthcare landscape. Click here to learn more

Preparing for retirement at Tenet Healthcare 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 Tenet Healthcare 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 Tenet Healthcare.  Do you have clear, defined goals for what you want your retirement to look like? And do you know where your Tenet Healthcare retirement accounts stand today? Being proactive with your Tenet Healthcare 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 is the 401(k) plan offered by Tenet Healthcare?

The 401(k) plan at Tenet Healthcare is a retirement savings plan that allows employees to save a portion of their paycheck before taxes are taken out.

How can employees of Tenet Healthcare enroll in the 401(k) plan?

Employees can enroll in the Tenet Healthcare 401(k) plan through the company’s employee benefits portal during the enrollment period or upon eligibility.

Does Tenet Healthcare offer matching contributions to the 401(k) plan?

Yes, Tenet Healthcare offers a matching contribution to the 401(k) plan, which helps employees maximize their retirement savings.

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

The vesting schedule for Tenet Healthcare's matching contributions typically follows a graded schedule, meaning employees earn rights to the match over a period of time.

Can employees of Tenet Healthcare change their 401(k) contribution amounts?

Yes, employees can change their 401(k) contribution amounts at any time through the Tenet Healthcare employee benefits portal.

What investment options are available in the Tenet Healthcare 401(k) plan?

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

Is there a loan option available for Tenet Healthcare employees through the 401(k) plan?

Yes, Tenet Healthcare employees may have the option to take a loan against their 401(k) savings, subject to the plan’s terms and conditions.

What happens to my 401(k) savings if I leave Tenet Healthcare?

If you leave Tenet Healthcare, you can choose to roll over your 401(k) savings into another retirement account, withdraw the funds, or leave the money in the Tenet Healthcare plan if eligible.

Are there any fees associated with the Tenet Healthcare 401(k) plan?

Yes, there may be fees associated with the Tenet Healthcare 401(k) plan, including administrative fees and investment management fees, which are disclosed in the plan documents.

How often can Tenet Healthcare employees access their 401(k) account statements?

Employees of Tenet Healthcare can access their 401(k) account statements quarterly through the benefits portal.

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For more information you can reach the plan administrator for Tenet Healthcare at , ; or by calling them at .

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