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Discover the Best Countries for Atmos Energy Retirees: Top Global Destinations for Your Next Adventure

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Healthcare Provider Update: Atmos Energy offers medical, dental, and vision insurance through Blue Cross Blue Shield of Texas, along with HSAs, FSAs, and telemedicine via MDLIVE 1. With ACA premiums projected to rise by 1518% and subsidies set to expire, Atmoss employer-sponsored plans provide a stable and cost-effective alternative to marketplace coverage. Click here to learn more

Evaluating Global Retirement Index (GRI): The Top Places for Retirement

As the year unfolds, the Global Retirement Index (GRI) by the esteemed investment bank Natixis provides invaluable insights into potential retirement destinations for Atmos Energy retirees. Examining 44 countries, the GRI accounts for pivotal factors such as health, post-retirement financial security, quality of life, and overall well-being during the golden years. Each country is subsequently rated on a scale, with the apex being 100 points.

To better inform decisions, let's delve deeper into the top five nations according to the GRI:

1. Norway:  Leading the list, Norway scored 81% on the GRI, reclaiming its top position after a brief stint in third place for four years. Although it has seen a dip from its 87% in 2012, Norway's commendable consistency across all four subindices, especially finance, is noteworthy. The country leaped from 25th to eighth place, attributed to its shift to a positive five-year interest rate average. Additionally, advances in life expectancy and insured health expenditure are also worth highlighting. Even though there was a slight surge in unemployment, Norway's robust healthcare infrastructure lends it a sturdy foundation.

2. Switzerland:  With a score of 80%, Switzerland took the second spot, showing a marginal decline from 81% in the preceding year. The most significant decrease emanated from its material well-being metrics, particularly in income equality and unemployment. However, it continues to have the fourth-highest income per capita. The finance sub-index may have seen a slight dip, but Switzerland’s scores in environmental and happiness factors, as well as health expenditure per capita indicators, showcased improvement.

3. Iceland:  Iceland, having achieved the pinnacle in 2021, witnessed a significant drop to 79%, placing it third. The primary determinants for this decline were in its financial and material well-being metrics. A significant contributor to the dip was the upswing in government indebtedness. Yet, it still achieved second place in income equality and boasted commendable scores in environmental and happiness metrics.

4. Ireland:  Consistently at fourth place, Ireland recorded a GRI score of 76%, marking a minor drop from 78% the previous year. The decline primarily stemmed from its finances and material well-being. While there was a surge in unemployment and income equality metrics, Ireland still boasts the third-highest income per capita globally. The nation also secured remarkable placements in the happiness and health indices, propelled by its air quality and environmental initiatives, and advancements in health expenditure.

5. Australia:  Completing the top five, Australia posted a score of 75%, a slight decrease from 76% in 2021. The downtrend, akin to other countries, is mainly attributed to its financial and material well-being indices. However, there was a discernible decline in its quality of life metrics. Australia's achievements in income per capita and unemployment metrics were offset by a diminished income equality score. Yet, the nation boasts some of the most impressive air quality metrics, albeit with a minimal uptick in environmental initiatives. The strength of its healthcare infrastructure, with life expectancy being a predominant factor, has solidified its place in the top five.

The United States' Position:

A pivotal inquiry remains – where does the U.S. stand? The nation has settled at the 18th position, descending to 69% from 71% in 2021. The primary contributors to this placement are unemployment and income equality metrics. While the U.S. secured the sixth-highest income per capita, this was overshadowed by its subpar performance in income equality. Factors like government indebtedness, old-age dependency, and tax pressures further dragged the U.S. down the list. On a positive note, the nation saw an uplift in its life expectancy metrics for 2022, with the highest score in health expenditure per capita and the fourth-highest in insured health expenditure globally. This implies that while there is a decline in finance and material well-being, quality of life, encapsulating healthcare, environmental, and happiness factors, is showing signs of amelioration.

According to the World Health Organization's Global Age-friendly Cities Guide published in 2007, the environment plays a crucial role in determining the health and well-being of older individuals. The infrastructure, services, and community connections in a country can significantly influence retirees' quality of life. For Atmos Energy professionals considering retirement, it's essential to evaluate not just a nation's ranking on indices but also its compatibility with age-friendly infrastructures. This includes ease of transportation, accessible healthcare facilities, and opportunities for social engagement, ensuring a fruitful and active retirement.

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In conclusion, while each country has its strengths and areas of improvement, this index serves as a guide for Atmos Energy employees considering their retirement options. With a holistic understanding of each nation’s standing, Atmos Energy employees are better equipped to make informed decisions for their future.

Selecting a country to retire in is much like choosing the perfect wine for a connoisseur's collection. Norway is the vintage Bordeaux - consistently exquisite with a history of rich offerings. Switzerland and Iceland are akin to fine Chardonnays, providing elegance and a hint of robust adventure. Ireland resembles a well-aged Cabernet, deep in tradition yet with layers of modern vibrancy. Australia, with its sunny disposition, can be likened to a crisp Sauvignon Blanc. Meanwhile, the U.S., though a popular choice like a classic Pinot Noir, doesn't quite make it to the top shelf in this year's selection. Choose wisely for the perfect Atmos Energy retirement toast.

What is the Atmos Energy 401(k) plan?

The Atmos Energy 401(k) plan is a retirement savings plan that allows employees to save a portion of their salary on a tax-deferred basis.

How can I enroll in the Atmos Energy 401(k) plan?

You can enroll in the Atmos Energy 401(k) plan by accessing the employee portal and completing the online enrollment process.

Does Atmos Energy match contributions to the 401(k) plan?

Yes, Atmos Energy offers a matching contribution to the 401(k) plan, which helps employees increase their retirement savings.

What is the maximum contribution I can make to the Atmos Energy 401(k) plan?

The maximum contribution limit is determined by IRS guidelines, and Atmos Energy follows these limits, which may change annually.

When can I start contributing to the Atmos Energy 401(k) plan?

Employees at Atmos Energy can start contributing to the 401(k) plan after they have completed their eligibility requirements, typically within the first few months of employment.

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

The Atmos Energy 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.

How can I change my contribution percentage in the Atmos Energy 401(k) plan?

You can change your contribution percentage by logging into the employee portal and updating your 401(k) settings.

Is there a vesting schedule for Atmos Energy's matching contributions?

Yes, Atmos Energy has a vesting schedule for matching contributions, which means you will earn ownership of those contributions over time.

Can I take a loan from my Atmos Energy 401(k) plan?

Yes, Atmos Energy allows employees to take loans from their 401(k) accounts under certain conditions outlined in the plan.

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

If you leave Atmos Energy, you have several options for your 401(k) funds, including rolling them over to another retirement account, cashing out, or leaving them in the Atmos Energy plan if permitted.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Atmos Energy announced a restructuring plan that includes layoffs and changes to their pension plan. The company is streamlining operations to improve efficiency and reduce costs.
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For more information you can reach the plan administrator for Atmos Energy at 5430 LBJ Freeway, Suite 1400 Dallas, TX 75240; or by calling them at +1 888-286-6700.

*Please see disclaimer for more information

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