New Update: Healthcare Costs Increasing by Over 60% in Some States. Will you be impacted?

Teledyne Technologies Employees: Unlock the Benefits of the Federal Student Grant Program for Your Family's Education

Healthcare Provider Update: Healthcare Provider for Teledyne Technologies Teledyne Technologies does not have a singular healthcare provider, as it offers a variety of health insurance options through multiple insurers for its employees. The specific options available can depend on the location and the insurance marketplace focus utilized by the company. Employees typically select from plans that address their particular health needs and preferences. Potential Healthcare Cost Increases for Teledyne Technologies in 2026 As healthcare costs continue to escalate, Teledyne Technologies employees and retirees may bristle under the weight of anticipated premium hikes in 2026. With the potential expiration of federal premium subsidies from the Affordable Care Act (ACA), some enrollees could see monthly premiums soar by over 75%. This dramatic uptick is compounded by an industry-wide trend of rising medical costs and significant rate increases from large insurers. Employees must strategically prepare for these potential disruptions by reviewing their healthcare plans and opting for services ahead of time, to mitigate the financial burden in the event of steep pricing changes. Click here to learn more

Most Teledyne Technologies 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 Teledyne Technologies 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

Featured Video

Articles you may find interesting:

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 Teledyne Technologies employee could secure may surprise you.

Finder.com, 2019

StudentAid.gov, 2020

What type of 401(k) plan does Teledyne Technologies offer?

Teledyne Technologies offers a traditional 401(k) plan that allows employees to save for retirement on a tax-deferred basis.

How can employees of Teledyne Technologies enroll in the 401(k) plan?

Employees can enroll in the Teledyne Technologies 401(k) plan through the company’s HR portal during the open enrollment period or upon their eligibility date.

What is the employer match for the 401(k) plan at Teledyne Technologies?

Teledyne Technologies provides a matching contribution up to a certain percentage of the employee's salary, which is detailed in the plan summary.

Are there any eligibility requirements to participate in the Teledyne Technologies 401(k) plan?

Yes, employees must meet certain eligibility criteria, such as age and length of service, to participate in the Teledyne Technologies 401(k) plan.

Can employees of Teledyne Technologies change their contribution percentage?

Yes, employees can change their contribution percentage at any time through the HR portal or by contacting the benefits department at Teledyne Technologies.

What investment options are available in the Teledyne Technologies 401(k) plan?

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

Does Teledyne Technologies allow for loans against the 401(k) plan?

Yes, Teledyne Technologies allows employees to take loans against their 401(k) balance, subject to certain terms and conditions outlined in the plan.

What happens to my 401(k) account if I leave Teledyne Technologies?

If you leave Teledyne Technologies, you can either roll over your 401(k) balance to another qualified plan, cash out, or leave it in the Teledyne Technologies plan if you meet the minimum balance requirement.

How often can employees contribute to the Teledyne Technologies 401(k) plan?

Employees can contribute to the Teledyne Technologies 401(k) plan through payroll deductions, which occur with each paycheck.

Is there a vesting schedule for the employer match in the Teledyne Technologies 401(k) plan?

Yes, there is a vesting schedule for the employer match in the Teledyne Technologies 401(k) plan, which determines when employees fully own the employer contributions.