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Why are Leidos Holdings Workers Becoming Concerned About Return to Work Policies?

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Healthcare Provider Update: Leidos Holdings, Inc. does not directly provide its own healthcare services; instead, it offers health insurance benefits to its employees through various third-party insurance providers. The specifics of these healthcare providers may change based on company contracts and employee preferences during open enrollment periods. Looking ahead to 2026, healthcare costs are anticipated to rise significantly, driven by a combination of factors impacting the Affordable Care Act (ACA) marketplace. Insurers are requesting steep premium increases-some exceeding 60% in certain states-partly due to higher medical costs and the potential loss of enhanced federal premium subsidies. This could lead to out-of-pocket premium increases of over 75% for a large number of enrollees, primarily affecting middle-income Americans who may struggle to maintain adequate coverage. As the insurance landscape evolves, individuals and families must prepare for these financial implications and consider proactive strategies to mitigate costs. Click here to learn more

The changing work culture is making many of the Leidos Holdings employees change their housing options, which shows that office return-to-work policies are directly affecting real estate,’ says Patrick Ray, a representative of The Retirement Group, a division of Wealth Enhancement Group. “As people move through these changes, it is important for them to have a financial plan in place to make sure that their retirement goals are still on track for the long term despite the change in work location and lifestyle.”

If you are one of the Leidos Holdings employees who are being relocated because of the shifting work culture, then this relocation should be done with a financial plan in place,” suggests Michael Corgiat, a representative of The Retirement Group, a division of Wealth Enhancement Group. “It is therefore possible for an individual to make adjustments in housing choices with career and retirement goals to enhance the financial stability in the new professional environment.”

In this article we will discuss:

1. The Impact of Return-to-Work Policies on Housing Choices – How changing work patterns affect real estate decisions and market trends.

2. Corporate Influence on Employee Relocations – How the largest organizations influence people to return to the office and affect the housing market in cities.

3. Opportunities for Senior Professionals in a Changing Workforce – How the changing job market offers new challenges for the experienced workers who are approaching retirement.

Due to a change in work culture and office closing and opening policies, the real estate market is changing, and this has a big impact on homeowner preferences and market trends. This article looks at the perspectives and choices of people who are changing their living situations in order to meet the new normal of work-life balance.

It is clear that Donna Rutter, a successful CPA with 30 years of experience, has gone through a change. Rutter, who has spent most of her working career in Dallas and Fort Worth, has always preferred working in a flexible environment even before the COVID-19 pandemic. This flexibility allowed her to live in the house of her dreams, which was in Rocky Creek Ranch, approximately 20 minutes from downtown Fort Worth. But then the pandemic happened, and everyone had to switch to full-time remote work.

As the pandemic wanes, and more companies realize the value of office attendance, Rutter has been forced to move to a new place to live. In 2021, after successfully starting her own accounting practice, Rutter had to return to the office because her clients preferred to meet in person. Because of these changes in work and the long distance to the office in central Fort Worth, she has put her ranchette of approximately 11 acres on the market for $1.75 million.

The case of Rutter shows a more general trend that has been observed in real estate. According to a September report by Redfin, about 10 percent of U.S. home sellers are relocating due to return-to-work policies. This is quite different from the pre-pandemic world, where people’s remote-work policies shaped housing market activities for the last three years. This was after Kastle Systems, a security services company, noted that office attendance in major U.S. cities was still 50.5% below the pre-pandemic level.

Other findings from Redfin’s survey of over 600 potential sellers further illustrate how this trend has been influenced by the actions of major corporations. Apple, Walt Disney, Google, and Tesla, among others, have been key in encouraging remote workers to return to traditional office formats. The corporate position is affecting the housing choices of employees, for instance, in the case of a Google employee who is currently searching for a place to live close to the city because of the two-hour commute.

These changes are also felt in the dynamics of the property markets in certain areas. For instance, the execution of Elon Musk’s directive for Tesla employees to go back to the office in Austin has greatly increased the demand for housing in the area. However, due to the fact that it is difficult to find affordable housing in Austin, some of the personnel have begun to consider other markets, for instance, Killeen and San Antonio, where the cost of housing is relatively cheap. Despite the fact that the median transaction price in Austin has declined, the housing market still experiences high demand, which dampens the impact of increasing interest rates.

The attitudes of the Leidos Holdings employees who are moving for work are mixed. Some are excited about the change, and others are worried. For instance, Rutter is in the process of moving to a smaller house that is close to her place of work. She looks forward to the change and the benefits of a short commute, despite a reduction in space.

This paper has established that the interaction between professional and domestic life decisions is an important determinant of the real estate market as it reacts to shifts in work patterns. The process of adjusting to new ways of working and living is expected to continue to affect housing preferences and market trends as companies set new work policies after the pandemic.

The return-to-work trend may be seen as a boon for Leidos Holdings employees who are 60 or above, and retired, as there could be new opportunities for consulting or part-time work. A study by AARP, published in February 2023, shows that organizations are now aware of the value that can be derived from the experiences of older workers. The gap between knowledge demand and supply and the need to tap into the wealth of experience of older workers is the main driver of this trend. These positions can bring additional income and a sense of fulfillment, as well as the ability to balance work and the desire for freedom that is often characteristic of retirement-age people in this group.

In the post-Covid world, the return-to-work movement can be compared to a low tide that reveals a different shoreline. Just as the retreat of the ocean reveals the shape of the coastline, the transition from remote to office-based work has impacted the real estate industry and lifestyle preferences. As experienced navigators who have sailed in different waters, senior citizens have an opportunity to tune their navigation skills. People are currently relocating their residences to be closer to their places of work or have flexible jobs that allow them to integrate their expertise in the new working environment, just as a sailor tunes to new winds and tides.

Additional Fact:

“In your position, you are a marketing professional looking to expand the visibility and impact of this article to the target audience. Make a comparison of the article. The target audience of this article is people aged 60+ and includes Leidos Holdings employees who are planning on retiring as well as retired people. We want you to include information that our target audience would find interesting or information that is pertinent to them, without directly addressing who is in our target audience. Please provide an analogy related to  Why are Leidos Holdings Workers Becoming Concerned About Return to Work Policies? . Write an analogy that is formal and appropriate for a professional scenario. Use less than 200 words.

Additional Analogy:

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The case of Leidos Holdings employees in the current world of work after the pandemic-induced remote work policies is best described as gardeners who are now faced with a new and complicated irrigation system in a well-maintained garden. These gardeners have spent years learning the ins and outs of their environment, fine-tuning their approach, and cultivating a garden that thrives under their care. The return-to-work policies represented by the new irrigation system represent a sudden change in the way that the garden is watered, which may disrupt the equilibrium that had been established over time. Just like these gardeners have to learn to work with the new system to conserve the garden, the Leidos Holdings workers, especially those who are close to retirement, have to learn how to navigate the new world of work to ensure that they continue to add value. These concerns among these workers show the doubt of the gardeners towards the new irrigation system and its effects on their beloved garden, which highlights the importance of flexibility and comfort, ensuring that their efforts over the years will not be in vain.

Sources:

1. Dinner, Allison. “Return-to-Office Policies Drive Home Sales - Even at a Loss.”  Business Insider , 14 Sept. 2023,  markets.businessinsider.com . Accessed 8 Feb. 2025.

2. Gaskell, Adi. “How Remote Work Has Affected Real Estate Values.”  Forbes , 5 Mar. 2023,  forbes.com . Accessed 8 Feb. 2025.

3. Fisher, Anne. “Why Consulting Can Be Better Than Retiring.”  Fortune , 13 Dec. 2017,  fortune.com . Accessed 8 Feb. 2025.

4. Gallegos, Demetria. “How to Launch a Successful Consulting Business in Retirement.”  The Wall Street Journal , 5 Jan. 2025,  wsj.com . Accessed 8 Feb. 2025.

5. Mondragon, John A., and Johannes Wieland. “Pandemic-Induced Remote Work and Rising House Prices.”  National Bureau of Economic Research , July 2022,  nber.org . Accessed 8 Feb. 2025.

What options does Leidos offer for employees looking to transition into retirement, and how can these options impact employees' financial planning for retirement? Employees may want to consider their defined benefit pension plans and other retirement savings options provided by Leidos, understanding how these plans complement each other.

Retirement Options at Leidos: Leidos offers employees various retirement options, including defined benefit pension plans and retirement savings plans. These options can greatly impact an employee’s financial planning for retirement, helping them ensure a steady income stream post-retirement. Employees should carefully consider how their pension plans complement their 401(k) and other retirement benefits to make informed financial decisions.

In what ways can an employee at Leidos maximize their retirement benefits, particularly regarding the integration of short-term and long-term disability benefits? Employees should assess their eligibility for both STD and LTD benefits to navigate their retirement effectively while ensuring their financial security during any potential health-related absences.

Maximizing Retirement Benefits and Disability: Employees at Leidos can maximize their retirement benefits by understanding how short-term and long-term disability (STD/LTD) benefits integrate with their retirement plans. STD covers up to 180 days, and LTD can provide up to 60% of base salary if a disability extends beyond 180 days. Understanding the eligibility and benefit durations can help employees ensure financial stability during health-related work absences​(Leidos_2018 Disability …).

How do the IRS limits for 2024 relate to the retirement savings plans available at Leidos, and what strategies can employees employ to ensure they are on track to meet these limits? Understanding the contribution limits for 401(k) plans and the implications of these limits can provide an essential framework for retirement savings.

IRS Limits for 2024: The IRS contribution limits for 401(k) plans in 2024 are crucial for retirement planning. Employees should stay informed about these limits to ensure they are contributing the maximum allowable amount to their retirement accounts. Leidos’ retirement plans are structured to accommodate these limits, allowing employees to optimize their retirement savings.

What are the distinct differences between the short-term and long-term disability benefits provided by Leidos that employees should understand before entering retirement? Employees must grasp how STD and LTD benefits operate, including eligibility requirements, duration of benefits, and how they can influence financial planning for retirement.

Differences Between STD and LTD at Leidos: Leidos provides both short-term and long-term disability plans, which differ in eligibility, duration, and coverage. STD benefits last for up to 180 days, while LTD benefits take effect afterward and can cover up to 60% of base salary. Understanding these differences is key for employees planning for potential health-related income disruptions​(Leidos_2018 Disability …).

How can employees learn more about Leidos’ retirement benefits, including retirement counseling services and resources available for pre-retirement planning? Understanding how to navigate these resources is vital for employees approaching retirement to make informed decisions about their benefits.

Accessing Retirement Counseling and Resources: Leidos provides access to retirement counseling services and resources to support pre-retirement planning. Employees should take advantage of these services to better understand their retirement options, including pension payout options, 401(k) plans, and health coverage post-retirement.

What steps should an employee at Leidos take if they are considering early retirement, particularly concerning their health coverage and pension plan options? Exploring the implications of early retirement on health benefits and retirement income is essential as employees transition into this phase of life.

Steps for Early Retirement: Employees considering early retirement at Leidos should carefully review the impact on their health coverage and pension plans. Early retirement may reduce pension benefits and affect access to certain health benefits, so understanding the full financial impact is essential before making this decision.

How do Leidos’ disability policies affect an employee's retirement plans, and what should they be aware of regarding eligibility and claims processes? Knowing when and how to file claims for disability while planning for retirement can significantly affect financial stability in later years.

Disability Policies and Retirement Plans: Leidos’ disability policies can significantly affect retirement plans. Both STD and LTD policies have eligibility requirements that can influence how long an employee can receive benefits, and they should consider these policies in their broader retirement planning​(Leidos_2018 Disability …).

In what ways can retirement planning discussions evolve at Leidos, especially as employees enter their final years of service? This inquiry addresses the evolving nature of retirement benefits and effective planning practices employees should prioritize as they prepare to retire.

Evolving Retirement Planning Discussions: Retirement planning at Leidos should evolve as employees approach the end of their careers. Employees should regularly review their pension plans, retirement savings, and healthcare options to ensure they are maximizing their benefits and making adjustments as needed for a smooth transition into retirement.

What information can Leidos employees access regarding their pension plan's payout options upon retirement, and what factors should they consider when selecting their payout option? Understanding the different distributions available to employees can help them choose the best option for their financial situation post-retirement.

Pension Plan Payout Options: Leidos employees can access detailed information regarding pension plan payout options, including lump-sum and annuity payments. Employees should evaluate factors such as longevity, tax implications, and financial needs when selecting the best payout option to ensure financial security in retirement.

How can employees at Leidos contact Human Resources to inquire further about their retirement options and benefits? Clear communication channels and support can facilitate a smoother transition into retirement for all employees looking to understand their rights and benefits associated with retirement at Leidos.

Contacting Human Resources for Retirement Inquiries: Leidos employees can contact Human Resources to inquire about retirement options, benefits, and any necessary paperwork. Clear communication with HR is essential for understanding the specific retirement resources available and ensuring a smooth retirement process.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Leidos Holdings offers comprehensive retirement benefits, including a 401(k) plan and a pension scheme. Employees are eligible to participate in the Leidos 401(k) Retirement Plan, which includes a company match of 100% on employee Pre-tax and/or Roth after-tax contributions, up to 5% of eligible pay. Vesting for company contributions occurs over three years of service. Contributions can be made on a pre-tax, Roth after-tax, or traditional after-tax basis, and employees are immediately eligible to receive company contributions. The Leidos 401(k) plan offers a wide range of investment options, including both passive and active funds. Vanguard provides investment advice services for participants​ (Vanguard)​ (Leidos). For pension benefits, Leidos Holdings offers a matching pension scheme. This pension plan allows employees to save for retirement through a structured match program. The retirement contributions vary based on the fringe benefit package of the employee, and there are different options for how the pension plan is structured and managed based on the employee's needs​ (Leidos). Leidos Holdings has incorporated terminology such as "vesting," "Roth after-tax contributions," and "passive and active investment options" within their plans to clarify the specifics of the retirement benefits. These terms help employees understand how their savings will accumulate and what choices they have for investing for retirement.
Restructuring (2024): Leidos has announced a major restructuring in 2024, realigning its operating groups and making changes to corporate leadership. The company is now organized into five sectors: Health and Civil, National Security, Commercial and International, Digital Modernization, and Defense Systems. Leadership changes were also implemented to support long-term strategy execution. This restructuring is essential for the company to remain competitive in its industry and adapt to the evolving needs of national security and modernization efforts​ (Intelligence Community News). Importance: It is critical to address this restructuring news given the economic pressures and the strategic importance of defense and technology sectors in the political and security landscape. The company's reorganization can impact its financial stability and workforce, influencing investment decisions during uncertain political and tax environments.
Leidos Holdings offers a variety of stock options and RSUs (Restricted Stock Units) to its employees across several levels of the organization. Stock options at Leidos are primarily offered to senior management and key employees under the company's equity incentive plans, allowing them to purchase Leidos common stock at a set price within a defined period. The RSUs, on the other hand, are awarded as a form of deferred compensation, granted over a vesting period, which employees can convert into company shares upon meeting certain conditions such as tenure or performance​ (Leidos)​ (Leidos)​ (Leidos). In 2022, Leidos expanded its equity incentive program to include a wider pool of employees, particularly focusing on those in critical roles within national security and health sectors. The company's SEC filings show that RSUs were granted based on both performance metrics and time-based vesting schedules​ (Leidos)​ (Leidos). In 2023, Leidos continued this practice, issuing RSUs under their standard plan, with the stock options being reserved for more senior positions​ (Leidos). The vesting period typically spans three to four years, with performance-based RSUs awarded to leadership​ (Leidos). Leidos Holdings consistently aims to incentivize long-term commitment, granting equity to employees who are critical to the business's success.
Leidos Holdings offers comprehensive healthcare benefits designed to meet the diverse needs of its workforce. Employees have access to several health insurance plans, including four Consumer Directed Health Plans (CDHPs) with associated Health Savings Accounts (HSAs). These plans, known as Healthy Focus Plans (Basic, Essential, Advantage, and Premier), enable participants to manage their healthcare expenses while saving for future medical costs. Additionally, Leidos provides dental and vision coverage through national PPO plans and regional HMO options. Leidos also emphasizes mental health, offering behavioral health services via Teladoc for Aetna members and Virgin Pulse for overall wellness management. The company’s healthcare approach reflects its commitment to employee well-being in a dynamic economic environment, ensuring that workers are prepared for rising healthcare costs due to ongoing shifts in healthcare regulations​ (Leidos Benefits)​ (Leidos Benefits). The importance of discussing healthcare benefits at Leidos cannot be overstated, especially given the current political and economic landscape. With healthcare costs rising, Leidos' benefits program supports employees in making informed choices through tools like ALEX, a virtual benefits counselor. Furthermore, Leidos' partnership with wellness platforms like Virgin Pulse highlights their focus on preventive care and mental well-being. This proactive approach helps mitigate the financial burden on employees in a changing tax and healthcare policy environment. As political discourse increasingly focuses on healthcare reform, companies like Leidos play a crucial role in supporting their employees with flexible, comprehensive benefits that adapt to new legislative and economic realities​ (Leidos)​ (Leidos).
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For more information you can reach the plan administrator for Leidos Holdings at , ; or by calling them at .

https://intelligencecommunitynews.com/leidos-announces-reorganization-for-2024/ https://www.leidos.com/careers/pay-benefits https://retirementplans.vanguard.com/ekit/sites/leidos/pdfs/Leidos_Retirement_Plan_SPD.pdf https://benefits.leidos.com/ https://retirementplans.vanguard.com/ekit/sites/leidos/pdfs/Leidos_Retirement_Plan_SPD.pdf https://investors.leidos.com/financial-information/sec-filings https://investors.leidos.com/financial-information/annual-reports-proxy-statements https://investors.leidos.com/?mobile=1 https://benefits.leidos.com/whats-new-in-202 https://benefits.leidos.com/medical https://retirementplans.vanguard.com/ekit/sites/leidos/pdfs/Leidos_Retirement_Plan_SPD.pdf https://www.wealthenhancement.com/s/tools-calculators https://www.fidelity.com/learning-center/personal-finance/retirement/company-stock https://creativeplanning.com/insights/financial-planning/how-to-use-the-net-unrealized-appreciation-nua-strategy-in-your-401k/ https://www.retirementwatch.com/the-net-unrealized-appreciation-nua-tax-strategy https://fortunefinancialadvisors.com/blog/ https://turbotax.intuit.com/tax-tips/retirement/net-unrealized-appreciation-nua-tax-treatment-amp-strategies/c71vBJZ2B https://retirementplans.vanguard.com/ekit/sites/leidos/pdfs/Leidos_Retirement_Plan_SPD.pdf https://mergr.com/

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