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Healthcare Provider Update: Healthcare Provider for Marriott International: Marriott International's primary healthcare provider offerings for employees are typically administered through various insurers, including but not limited to UnitedHealthcare, Aetna, and Cigna. These providers offer a range of health plans tailored to the needs of Marriott's workforce. Healthcare Cost Increases in 2026: As we approach 2026, healthcare costs are expected to surge significantly, particularly for employees enrolled in Affordable Care Act (ACA) marketplace plans. With projections indicating premium hikes exceeding 60% in some states and the potential loss of enhanced federal subsidies, many Marriott International employees could see their out-of-pocket costs rise dramatically. Industry analysts forecast that without congressional action, over 22 million marketplace enrollees, including a significant number of Marriott employees, may face an increase of more than 75% in their monthly premiums in 2026, exacerbating the financial burden on healthcare consumers. Click here to learn more
Most Marriott International employees have already heard of the Free Application for Federal Student Aid, or FAFSA, if they or someone they know has plans to attend a college, career school, or university. Last year, around 70% of families submitted a FAFSA to the Department of Education to secure financial assistance. But what many prospective and current students may overlook are the various federal grants awarded to students in need each year.
Granted value
Most federal grants, unlike loans, function as sources of funding. There are some exceptions, though. For example, if a student is awarded a grant, but withdraws from the program in which they’re enrolled, they may be required to pay back all or a portion of that grant.
Know your grants
The Department of Education offers multiple aid packages as part of the Federal Student Grant Program and all Marriott International employees should be aware of them. The following four are granted most often, and each has different requirements for eligibility. The information below applies to the 2023-2024 academic year:
- Federal Pell Grants - With a maximum award of $6,895, Pell Grants are reserved for undergraduate students who have exceptional financial need and have not earned a bachelor’s, graduate, or professional degree yet.
- Federal Supplemental Educational Opportunity Grants (FSEO) - FSEO Grants award a maximum of $4,000 to those who demonstrate exceptional need and have not yet earned a bachelor’s or graduate degree. FSEO Grants also give priority to Pell Grant recipients over other applicants.
- Iraq and Afghanistan Service Grants - These grants award a maximum of $6,895, and they’re only for students whose parent or guardian served in a branch of the U.S. Armed Forces and died while serving in Iraq or Afghanistan after the events of 9/11.
- Teacher Education Assistance for College and Higher Education (TEACH) Grants - TEACH Grants award a maximum of $4,000, and they’re reserved for students who are enrolled in teaching preparation programs and agree to teach for a minimum of 4 years at the elementary or secondary school level in a high-need field.
FAFSA Required
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No matter who you are or your financial situation, you may want to consider submitting a FAFSA. After all, the grants listed above do require recipients to have an application on file with the Department of Education. And who knows? The potential financial benefit that you as a Marriott International employee could secure may surprise you.
- Finder.com, 2019
- StudentAid.gov, 2020
What is the 401(k) plan offered by Marriott International?
The 401(k) plan at Marriott International is a retirement savings plan that allows employees to save a portion of their salary on a pre-tax basis.
How can Marriott International employees enroll in the 401(k) plan?
Employees of Marriott International can enroll in the 401(k) plan through the company’s benefits portal or by contacting the HR department for assistance.
Does Marriott International offer any matching contributions to the 401(k) plan?
Yes, Marriott International offers a matching contribution to the 401(k) plan, which helps employees boost their retirement savings.
What is the maximum contribution limit for Marriott International's 401(k) plan?
The maximum contribution limit for Marriott International's 401(k) plan is subject to IRS guidelines, which are updated annually.
Can Marriott International employees take loans against their 401(k) savings?
Yes, Marriott International allows employees to take loans against their 401(k) savings, subject to specific terms and conditions.
What investment options are available in Marriott International's 401(k) plan?
Marriott International's 401(k) plan offers a range of investment options, including mutual funds, target-date funds, and other investment vehicles.
How often can Marriott International employees change their 401(k) contribution amounts?
Employees at Marriott International can change their 401(k) contribution amounts at any time, subject to the plan's rules.
What happens to Marriott International employees' 401(k) savings if they leave the company?
If Marriott International employees leave the company, they can choose to roll over their 401(k) savings to another retirement account or withdraw the funds, subject to tax implications.
Is there a vesting schedule for Marriott International's 401(k) matching contributions?
Yes, Marriott International has a vesting schedule for matching contributions, which means employees must work for a certain period to fully own those contributions.
How can Marriott International employees access their 401(k) account information?
Employees can access their 401(k) account information through the company’s online benefits portal or by contacting the plan administrator.
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