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Healthcare Provider Update: Healthcare Provider for Post Holdings Post Holdings collaborates with various healthcare providers to support its employee health needs. However, specific details about the exact healthcare provider used by the company may not be publicly available without access to proprietary company data or specific contracts. Potential Healthcare Cost Increases in 2026 In 2026, Post Holdings and its employees may face significant increases in healthcare costs, primarily driven by record hikes in Affordable Care Act (ACA) premiums. With projected premium increases surpassing 60% in several states and the potential elimination of enhanced federal subsidies, out-of-pocket expenses for many consumers could rise dramatically. This comes against a backdrop of escalating medical costs due to inflation, specialty drugs, and increased demand for healthcare services. The combination of these factors highlights a challenging financial landscape for both employers and employees seeking to manage their healthcare expenses effectively. Click here to learn more
Most Post Holdings 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 Post Holdings 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 Post Holdings employee could secure may surprise you.
- Finder.com, 2019
- StudentAid.gov, 2020
What is the 401(k) plan offered by Post Holdings?
The 401(k) plan at Post Holdings is a retirement savings plan that allows employees to save a portion of their paycheck before taxes are deducted.
How can I enroll in the Post Holdings 401(k) plan?
Employees can enroll in the Post Holdings 401(k) plan by completing the enrollment process through the company's benefits portal or by contacting the HR department for assistance.
Does Post Holdings offer a company match for the 401(k) contributions?
Yes, Post Holdings offers a company match for employee contributions to the 401(k) plan, which helps employees save more for retirement.
What is the maximum contribution limit for the Post Holdings 401(k) plan?
The maximum contribution limit for the Post Holdings 401(k) plan is determined by IRS regulations, which may change annually. Employees should refer to the latest guidelines for specific limits.
Can I change my contribution percentage to the Post Holdings 401(k) plan?
Yes, employees can change their contribution percentage to the Post Holdings 401(k) plan at any time, usually through the benefits portal or by contacting HR.
What investment options are available in the Post Holdings 401(k) plan?
The Post Holdings 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and possibly company stock, allowing employees to choose based on their risk tolerance.
When can I start withdrawing from my Post Holdings 401(k) plan?
Employees can typically start withdrawing from their Post Holdings 401(k) plan at age 59½, but there may be specific circumstances under which withdrawals can occur earlier.
Are there any fees associated with the Post Holdings 401(k) plan?
Yes, there may be administrative and investment fees associated with the Post Holdings 401(k) plan. Employees should review the plan documents for detailed information on fees.
How does Post Holdings ensure the security of my 401(k) plan information?
Post Holdings takes data security seriously and implements various measures, including encryption and secure access protocols, to protect employees' 401(k) plan information.
What happens to my Post Holdings 401(k) if I leave the company?
If you leave Post Holdings, you have several options for your 401(k), including rolling it over to another retirement account, cashing it out, or leaving it in the Post Holdings plan if allowed.
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