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

Understanding Risk Tolerance: A Guide for ArcBest Employees Navigating Retirement Changes

Healthcare Provider Update: Healthcare Provider for ArcBest ArcBest provides health insurance through a partnership with multiple insurance carriers, primarily using the services of UnitedHealthcare (UHC) along with several other insurers depending on the specific plan options available to their employees. Potential Healthcare Cost Increases in 2026 In 2026, ArcBest employees and retirees may face significant healthcare cost increases as marketplace premiums are projected to surge, with some states experiencing hikes of more than 60%. The anticipated expiration of enhanced federal premium subsidies poses a crucial risk, potentially leading to a staggering 75% rise in out-of-pocket premiums for many enrollees. As employers, including ArcBest, reconsider their benefit structures amidst rising medical costs and shrinking wage growth, employees should prepare for possible changes in deductibles and out-of-pocket maximums. This evolving landscape underscores the importance of early planning and informed decision-making in navigating the forthcoming financial challenges related to healthcare coverage. Click here to learn more

The world of investing is very subjective--the investment plan that’s right for you depends largely upon the level of comfort that you have when it comes to risk. We'd like our clients from ArcBest to remember that you can’t completely avoid risk when it comes to investing, but it's possible for you to manage it.

There are two aspects of risk tolerance for ArcBest employees to consider: (1) the capacity of your investment plan itself to absorb losses, and (2) how comfortable you are personally with risk. The first aspect can be quantified--the more flexibility your investment plan has when it comes to potential loss, the more risk your plan can tolerate. For example, as we’ve discussed, a long investment time horizon may allow you to take on more risk than a short time horizon.

'You can’t completely avoid risk when it comes to investing, but it is possible for you to manage it..'

The second aspect, how comfortable you are personally with risk, is more of an emotional measure, and depends on many factors, including your objectives, life stage, personality, and investment experience. Some investors are comfortable with a high degree of risk, while others can tolerate only minimal risk. Individual risk tolerance is an important factor for ArcBest employees in deciding which individual investments are appropriate for them, as well as how their investment dollars should be allocated among different investment classes.

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Investors are typically grouped into three categories for purposes of discussing risk tolerance: aggressive (those who have a high degree of risk tolerance); moderate (those willing to accept some degree of risk), and conservative (those who are risk averse).

What is the ArcBest 401(k) plan?

The ArcBest 401(k) plan is a retirement savings plan that allows employees to save a portion of their paycheck on a tax-deferred basis to help secure their financial future.

How can employees enroll in the ArcBest 401(k) plan?

Employees can enroll in the ArcBest 401(k) plan through the company’s benefits portal during open enrollment or within 30 days of their hire date.

Does ArcBest match employee contributions to the 401(k) plan?

Yes, ArcBest offers a company match for employee contributions to the 401(k) plan, which helps employees grow their retirement savings.

What is the maximum contribution limit for the ArcBest 401(k) plan?

The maximum contribution limit for the ArcBest 401(k) plan follows the IRS guidelines, which may change annually. Employees should check the latest IRS limits for the current year.

When can employees start contributing to the ArcBest 401(k) plan?

Employees at ArcBest can start contributing to the 401(k) plan after they have completed their eligibility period, typically within their first month of employment.

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

The ArcBest 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to suit different risk tolerances.

Can employees take loans against their ArcBest 401(k) plan?

Yes, employees may have the option to take loans against their ArcBest 401(k) plan, subject to specific terms and conditions outlined in the plan document.

What happens to my ArcBest 401(k) if I leave the company?

If you leave ArcBest, you can choose to roll over your 401(k) balance to another retirement account, leave it in the ArcBest plan (if eligible), or cash it out, though cashing out may incur taxes and penalties.

How does ArcBest ensure the security of my 401(k) savings?

ArcBest takes the security of your 401(k) savings seriously by partnering with reputable financial institutions and implementing strong data protection measures.

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

Yes, there may be administrative fees associated with the ArcBest 401(k) plan, which are disclosed in the plan documents provided to employees.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.

ArcBest announced a strategic restructuring plan aimed at streamlining operations and improving efficiency. This plan includes workforce reductions across various departments. The company also plans to make adjustments to its employee benefits package to align with the new operational model.