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

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How GameStop Employees Can Get 'Unstuck' and Enjoy Their Wealth

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Healthcare Provider Update: Healthcare Provider for GameStop GameStop utilizes a range of healthcare providers, largely dependent on the insurance options available through their employee benefits program. The leading provider for GameStop's health insurance plans is typically UnitedHealthcare, which offers coverage options under the Affordable Care Act (ACA) framework. This partnership allows GameStop employees and their families to access a variety of health services in their locale. Potential Healthcare Cost Increases in 2026 As we approach 2026, healthcare costs are projected to rise significantly, influenced by a confluence of factors that may impact employees at companies like GameStop. Insurance premiums for Affordable Care Act marketplace plans are expected to soar, with some states seeing increases surpassing 60%. The looming expiration of enhanced federal premium subsidies could push out-of-pocket expenses for most enrollees up more than 75%, making the financial landscape for healthcare increasingly daunting. Coupled with rising medical costs attributed to both inflation in healthcare services and the proliferation of high-priced drugs, employees may face steeper healthcare bills if proactive measures are not taken to mitigate these costs before the changes take effect. Click here to learn more

'GameStop employees seeking a meaningful and balanced life should recognize that true wealth isn't just about financial stability but also embracing fulfillment in all aspects of life, including health and well-being.' – Michael Corgiat, a representative of The Retirement Group, a division of Wealth Enhancement Group.

'Helping GameStop employees achieve a fulfilling life requires more than financial strategies; it's about guiding them to live with purpose, balancing wealth with wellness to truly enjoy their success.' – Brent Wolf, a representative of The Retirement Group, a division of Wealth Enhancement Group.

In this article, we will discuss:

  1. The connection between happiness and money

  2. How financial advisors can help clients get 'unstuck'

  3. The importance of balancing financial, emotional, and physical well-being

It can be difficult for financial consultants to offer more than just a sound financial strategy. A highly influential financial counselor understands that success is based on more than just statistics, even though creating a stable future is crucial. Crafting a happy and satisfying life for clients—balancing not just their financial wellness but also their physical and mental well-being—is the key to true success. GameStop employees can feel grounded and rooted in all facets of their lives, not just their finances, according to our three-pronged strategy.

The Connection Between Happiness and Money

There is a widespread misperception that having money inevitably makes one happy. Actually, I've seen a lot of people who are wealthy yet find it difficult to enjoy their prosperity. Even though they are in a position to spend comfortably, some people are inhibited by their fear of doing so. For example, one customer hesitated to book nonstop flights because he was so reluctant to spend money, despite the fact that layovers had a major negative impact on his quality of life. A different customer would routinely skip dinner due to cost rather than health issues.

However, I have also worked with people who struggle with compulsive spending, which is the opposite tendency. They continue to overindulge in the hopes that the future will correct their current financial irresponsibility, even if they have pledged to control their behaviors. Although there are benefits to the 'Carpe Diem' attitude, living extravagantly can harm a client's financial future.

The most important lesson is that the objective is to spend in a way that brings happiness and satisfaction, not to spend the least or the most. It is our responsibility as financial advisors to help clients strike that balance by advising them to engage in fulfilling experiences and endeavors rather than only attempting to reduce costs or satisfy material cravings.

Getting 'Unstuck' Clients

As a financial advisor, one of my most important responsibilities is to assist customers who are feeling 'stuck.' This can take many forms: some people are stuck in a financial mindset that keeps them from appreciating their prosperity, while others are physically ill and lack the stamina to engage in the things they used to enjoy. Many individuals experience mental loneliness or uncertainty about their life's purpose.

The objective is to assist them in being 'unstuck.' This could be advising that a client finally upgrade to first-class when they travel, or urging them to take that long-awaited family trip that they have been putting off for years. It might also entail helping them find new interests, like gardening or photography, or assisting them in getting back into exercise by getting them a personal trainer or joining a gym.

Pickleball is among the most successful activities I've recently introduced to my customers. For many, this inexpensive but incredibly captivating sport has changed their lives. It offers social interaction, which is crucial for mental health, in addition to physical exercise. After learning pickleball, clients have said they feel more motivated and excited about life. Seeing these great changes has been immensely satisfying, and the game has turned into a reason to look forward to something.

Posing Appropriate Questions

Asking the proper questions is the first step in assisting customers in becoming unstuck. I probe them with inquiries that delve deeper into their lives rather than just their portfolios. 'How are you? Are you continuing to be active? What do you most eagerly anticipate?' I can learn more about their priorities thanks to these inquiries. The truth is that relationships, health, or a lack of purpose are more common worries for many people than money.

Advisors can assist clients in identifying the aspects of their lives that they can control and letting go of the things that they cannot by interacting with them on this deeper level. When clients are based on a sense of general well-being, financial decisions become simpler. Addressing clients' emotional, physical, and financial issues enables them to make choices that are in line with their actual preferences.

Encouraging Customers to Lead the Life They Desire

Giving clients financial guidance is only one aspect of helping them become unstuck; another is enabling them to use their wealth in ways that truly bring them joy. You can tell you're having a real influence when your clients walk away from a conversation feeling lighter, more confident, and more excited about their future. In addition to helping their clients accumulate wealth, financial advisors should assist them in creating a worthwhile life.

The function of an advisor goes beyond creating financial plans; it also involves helping clients create life plans that strike a balance between fulfillment and enjoyment. These interventions lay the groundwork for long-term satisfaction, whether it's recommending a trip, fostering a new pastime, or assisting a client in making health-related investments. The goal of wealth is to improve one's life, not only accumulate it.

In summary, managing investments and portfolios is only one aspect of being a financial advisor. Understanding clients' core needs—how they want to spend their time, what brings them joy, and how they may live life to the fullest—is where the true value lies. GameStop employees can feel financially confident and pleased in all other aspects of their lives when they can enjoy the wealth they have amassed. In addition to a healthy portfolio, this all-encompassing approach to financial counseling results in a happier, healthier life.

Brian Parker, CFP, managing director and co-founder of EP Wealth Advisors, works with professionals, athletes, entrepreneurs, and executives. He also participates in initiatives promoting women's programming, financial literacy, and charitable giving. Brian sits on various boards that support sports, health, wellness, and youth education.

For senior citizens, consistent physical activity has major health benefits. Even a small amount of regular exercise, like walking, has been shown to significantly lower the chance of developing chronic diseases like diabetes, heart disease, and several types of cancer. According to a study published in Preventive Medicine, for example, walking 3,000 steps a day can reduce the chance of dying prematurely. For people over 60, the advantages are greatest when walking 7,000 to 9,000 steps a day. Strength and endurance training can also improve mobility, balance, and general physical function, leading to a better quality of life and more independence as people age.

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Sources:

1. 'The Life-Changing Benefits of Exercise After 60.'  National Council on Aging , 2021.
www.ncoa.org/article/the-life-changing-benefits-of-exercise-after-60 .

2. 'Mental health around retirement: evidence of Ashenfelter's dip.'  BMC Geriatrics , 2023.
doi:10.1186/s12877-023-02999-x.

3. '4 tips for getting fit at any age, from a sports scientist who studies athletes as old as 92.'  Business Insider , 2025.

4. 'Participating in Activities You Enjoy As You Age.'  National Institute on Aging , 2022.
www.nia.nih.gov/news/participating-activities-you-enjoy .

5. 'Plan Your Retirement And Improve Your Mental And Physical Health.'  Forbes , 9 May 2025.
www.forbes.com/sites/stevevernon/2025/05/09/plan-your-retirement .

What is the primary purpose of GameStop's 401(k) plan?

The primary purpose of GameStop's 401(k) plan is to help employees save for retirement by allowing them to contribute a portion of their salary to a tax-advantaged account.

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

GameStop employees can enroll in the 401(k) plan through the company’s HR portal or by contacting the HR department for assistance.

Does GameStop offer a company match for 401(k) contributions?

Yes, GameStop offers a company match for 401(k) contributions, which helps employees grow their retirement savings.

What types of investment options are available in GameStop's 401(k) plan?

GameStop's 401(k) plan typically offers a variety of investment options, including mutual funds, stocks, and bonds, allowing employees to choose based on their risk tolerance.

When can GameStop employees start contributing to their 401(k) plan?

GameStop employees can start contributing to their 401(k) plan after they have completed the eligibility requirements set by the company.

Is there a minimum contribution requirement for GameStop's 401(k) plan?

Yes, GameStop may have a minimum contribution requirement, which employees should check in the plan documents or with HR.

Can GameStop employees take loans against their 401(k) savings?

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

What happens to GameStop employees' 401(k) accounts if they leave the company?

If GameStop employees leave the company, they can choose to roll over their 401(k) account to a new employer's plan, an IRA, or cash out their balance, subject to taxes and penalties.

Are there any fees associated with GameStop's 401(k) plan?

Yes, GameStop's 401(k) plan may have administrative fees, investment fees, and other costs that employees should review in the plan documents.

How often can GameStop employees change their contribution amounts?

GameStop employees can typically change their contribution amounts during open enrollment periods or at designated times throughout the year.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
GameStop provides its employees with both a 401(k) plan and a defined contribution pension plan. These retirement benefits are designed to help employees secure a steady income after their career. GameStop's 401(k) plan, known as the GameStop Corp. Employees' Savings Plan, allows employees to contribute a portion of their earnings to their retirement savings. GameStop offers matching contributions to encourage employee participation, typically matching 100% for the first 3% contributed and 50% for the next 2%, though specifics may vary slightly by year. For the years 2022, 2023, and 2024, the contribution limits set by the IRS have increased, with employees allowed to contribute up to $22,500 in 2023 and $23,000 in 2024. Catch-up contributions for those aged 50 and older are an additional $7,500 annually. This plan provides flexible investment options and allows for rollover of funds into new plans if employees leave the company​ (Smart 40K Plus)​ (PayScale). GameStop's defined contribution pension plan works by allowing the company to make contributions to individual employee accounts, which are invested in a selection of funds chosen by the employee. Over time, this fund grows based on contributions and market performance. The plan does not specify a fixed benefit at retirement; instead, the payout depends on the investment performance. In 2022, the average account value for employees participating in the GameStop Corp. Employees' Savings Plan was $11,942
Restructuring and Layoffs: In early 2024, GameStop announced a major restructuring plan aimed at streamlining operations and reducing costs. This included the closure of several underperforming stores and a significant reduction in workforce. The company cited the need to adapt to changing retail environments and improve profitability as key reasons for these actions. Analysts point out that GameStop’s move is part of a broader trend of retailers adjusting their business models in response to economic uncertainties and shifts in consumer behavior. This restructuring is particularly relevant given the current economic climate, which is marked by inflation and shifts in consumer spending patterns.
2022: RSUs were granted to senior management and high-potential employees to retain top talent and incentivize performance. Vesting periods typically ranged from one to four years. Source: GameStop 2022 Annual Report, Page 46. 2023: GameStop adjusted its RSU program to reflect changes in executive compensation practices and market conditions. RSUs were granted with performance-based vesting conditions. Source: GameStop 2023 Proxy Statement, Page 35. 2024: The RSU program for 2024 includes modifications to align with strategic goals and market trends, with enhanced focus on performance metrics. Eligibility remains concentrated on key personnel and executives. Source: GameStop 2024 SEC Filing, Page 53. Specific Company Stock Options and RSUs:
Visit GameStop’s official website and look for their “Careers” or “Benefits” section. Check if they have any recent press releases or updates regarding employee health benefits. Employee Review Websites: Glassdoor: Look up GameStop’s page on Glassdoor to see employee reviews about benefits. Indeed: Search for GameStop and check the “Benefits” section for employee comments. Business News Websites: Forbes: Search for articles related to GameStop and employee benefits. Business Insider: Look for any recent news affecting GameStop's health benefits. Industry News Sources: HR Dive: This site often covers updates on employee benefits and health care trends. SHRM (Society for Human Resource Management): Look for articles on changes in health benefits in retail or GameStop specifically. Government or Legal Websites: U.S. Department of Labor: Check if there are any filings or notices related to employee benefits for GameStop. IRS: Search for any relevant information on health benefits regulations that might affect GameStop. Specific Healthcare-Related Terms and Acronyms: HMO (Health Maintenance Organization) PPO (Preferred Provider Organization) EPO (Exclusive Provider Organization) HDHP (High Deductible Health Plan) FSA (Flexible Spending Account) HSA (Health Savings Account) COBRA (Consolidated Omnibus Budget Reconciliation Act) EAP (Employee Assistance Program) Recent Employee Healthcare News for GameStop: Look for any recent changes in their health benefits plans, such as increased premiums, changes in coverage, or new wellness programs. Check if there have been any major lawsuits or regulatory changes affecting their health benefits. Look for any company announcements about improving or reducing benefits. You can use these sources and terms to get a comprehensive view of GameStop’s employee health benefits for the years 2022, 2023, or 2024. If you need a detailed summary of specific findings, let me know!
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For more information you can reach the plan administrator for GameStop at , ; or by calling them at .

https://www.thelayoff.com/#google_vignette https://www.fidelity.com/ https://investor.vanguard.com/corporate-portal https://www.empower.com/

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