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

Intuit Retirees: Discover the Hidden Charms of Small-Town Living for Your Next Chapter!

Healthcare Provider Update: Healthcare Provider for Intuit Intuit, a leading financial software company, primarily utilizes UnitedHealthcare as its healthcare provider. This partnership enables Intuit to offer competitive health benefits and services to its employees, ensuring comprehensive coverage options. Brief on Healthcare Cost Increases in 2026 In 2026, healthcare costs are anticipated to surge dramatically, with many insured individuals feeling the brunt of escalating premiums. Factors contributing to this sharp increase include the loss of enhanced federal subsidies for Affordable Care Act (ACA) marketplace plans, which has the potential to spike out-of-pocket costs by over 75% for the majority of enrollees. Additionally, numerous states are experiencing proposed premium hikes, with some exceeding 60%, primarily fueled by rising medical costs and aggressive rate increases from top insurers. As a result, consumers and employers alike will face significant financial pressures, prompting many to re-evaluate their healthcare options and strategies in light of these challenges. Click here to learn more

Small towns across America offer a unique blend of nostalgia, tradition, and practicality that makes them attractive retirement destinations. These towns vary in size, often defined by their quaint appearance, supportive lifestyles, and strong community bonds. This guide explores a variety of such towns, assessing them based on factors like cost of living, crime rates, healthcare availability, senior housing options, transportation, and local attractions.

1. Greer, South Carolina

Greer, a town of about 39,000 in upstate South Carolina, exemplifies small-town charm with its revitalized downtown and numerous community activities. Its proximity to the Greenville-Spartanburg International Airport and Amtrak services enhances its accessibility. The town's offerings include a weekly farmers market, regular festivals, and diverse recreational activities, making it an engaging place for active Intuit retirees.

2. Coolidge, Arizona

Located in the Sonoran Desert, Coolidge is a small town of over 14,700 residents. Known for its warm summers and moderate winters, it appeals to retirees who prefer desert climates. The cost of living here is lower than both the national and Arizona averages. Coolidge is home to the Casa Grande Ruins National Monument and offers educational opportunities at Central Arizona College.

3. Dillsboro, North Carolina

Dillsboro, nestled on the Tuckasegee River near the Great Smoky Mountains, is a historic railroad town with fewer than 300 residents. It offers a unique blend of 19th-century charm and modern amenities. The cost of living aligns with the national average, and its proximity to Asheville makes it a favorable option for retirees seeking a balance between tranquility and accessibility.

4. Fredericksburg, Texas

Fredericksburg, a town of approximately 11,000 residents, is steeped in German heritage. The town is a haven for wine enthusiasts and stargazers, thanks to its location amidst over 100 wineries and status as a Dark Sky Community. Its tourist appeal is heightened by its historical landmarks, diverse culinary scene, and proximity to major cities like San Antonio and Austin.

5. Cedar Key, Florida

This Gulf Coast town with fewer than 900 residents is a serene and scenic retirement choice. Florida's tax benefits for retirees and Cedar Key's moderate cost of living are significant draws. The town is known for its nature trails, wildlife refuge, and fresh seafood, providing a tranquil environment for Intuit retirees.

6. Paso Robles, California

Halfway between San Francisco and Los Angeles, Paso Robles is a city of around 31,000. It offers a lively downtown, numerous wineries, and a range of outdoor activities. The town's mild climate and proximity to the coast make it an attractive destination for Intuit retirees who enjoy an active lifestyle.

7. Stroudsburg, Pennsylvania

Located in the Pocono Mountains, Stroudsburg is a small town with a population under 6,000. It blends historical charm with modern amenities and hosts various community events, making it ideal for retirees who value cultural engagement and family-friendly activities.

8. Mequon, Wisconsin

Mequon, near Milwaukee, is known for its open spaces and outdoor recreational opportunities. The Village of Thiensville within Mequon adds to its charm with various events and local amenities. Its proximity to Milwaukee enhances its appeal for those seeking a blend of suburban and urban experiences.

9. Bristol, Vermont

Bristol, nestled in the Green Mountains with a population of less than 4,000, is a quintessential New England town. It offers a range of community events and maintains a traditional atmosphere, complete with horse-drawn recycling collection. Its scenic beauty and historic downtown appeal to those looking for a tranquil retirement setting.

10. Hamilton, Montana

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For those who value wide-open spaces and a rural lifestyle, Hamilton is an ideal choice. With fewer than 5,000 residents, it offers a strong sense of community while being close to the amenities of a larger city. The town's historical significance and natural beauty make it a compelling choice for independent, active retirees.

An additional aspect that may appeal to our target audience of established professionals and retirees is the availability of high-quality healthcare services in small towns. For example, Fredericksburg, Texas, not only offers cultural richness and scenic beauty, but also boasts the Hill Country Memorial Hospital, which has been recognized for its excellence in patient care. This hospital has received numerous accolades, including being named one of the nation's 100 Top Hospitals by IBM Watson Health. Access to top-tier healthcare facilities is a crucial consideration for retirees, ensuring peace of mind and well-being in their chosen community.

Selecting a small town for retirement from Intuit is akin to choosing the perfect vintage wine from a distinguished vineyard. Just as a connoisseur appreciates the unique notes, history, and region of a fine wine, retirees can savor the distinct characteristics of each small town. Greer, SC, with its lively community events, resembles a vibrant and robust red, while the tranquil desert ambiance of Coolidge, AZ mirrors the smooth, subtle notes of a classic white. Fredericksburg, TX, with its rich cultural heritage, is akin to a rare, aged bottle, steeped in history and flavor. Each town, much like a carefully curated wine collection, offers its own unique bouquet of lifestyle, culture, and comfort, promising a fulfilling and refined Intuit retirement experience.

What type of retirement savings plan does Intuit offer to its employees?

Intuit offers a 401(k) retirement savings plan to its employees.

Does Intuit provide a company match for its 401(k) contributions?

Yes, Intuit offers a company match for employee contributions to the 401(k) plan, subject to certain limits.

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

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

What is the eligibility requirement for Intuit employees to participate in the 401(k) plan?

Most Intuit employees are eligible to participate in the 401(k) plan after completing a specified period of employment, typically within the first year.

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

Yes, Intuit allows employees to take loans against their 401(k) savings, subject to the plan's terms and conditions.

What investment options are available in Intuit's 401(k) plan?

Intuit's 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and company stock.

How often can Intuit employees change their 401(k) contribution amounts?

Intuit employees can change their 401(k) contribution amounts at any time, subject to the plan's guidelines.

Does Intuit provide financial education resources for employees regarding their 401(k) plans?

Yes, Intuit provides financial education resources and tools to help employees make informed decisions about their 401(k) savings.

What happens to my 401(k) savings if I leave Intuit?

If you leave Intuit, you can choose to roll over your 401(k) savings into another qualified retirement plan, cash out, or leave the funds in the Intuit plan, depending on the plan's rules.

Is there a vesting schedule for Intuit's 401(k) company match?

Yes, Intuit has a vesting schedule for the company match, which means employees must work for a certain period to fully own the matched funds.

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

Pension Plan Terminology: Defined Contribution Plan: A retirement plan where the employee and/or employer contribute to the employee's account, but the final benefit depends on investment performance. Vesting: The process by which an employee earns the right to benefits from an employer-provided plan. 401(k) Plan Terminology: Match Contribution: Employer contributions that match employee contributions up to a certain percentage. Automatic Enrollment: A feature that automatically enrolls employees into the 401(k) plan upon meeting eligibility criteria.

In July 2024, Intuit announced the layoff of 1,800 employees, roughly 10% of its workforce, as part of a larger restructuring effort aimed at focusing on artificial intelligence (AI) and automation. This restructuring is being driven by the company's strategy to shift toward AI-driven solutions, such as its AI-powered financial assistant, Intuit Assist. As part of this strategy, Intuit plans to rehire in new AI-focused and customer-facing roles, with a goal of boosting innovation and growth in areas like data, fintech, and mid-market solutions. In its Securities and Exchange Commission (SEC) filings, Intuit stated that this transition would come with an estimated $260 million in layoff-related costs, including severance and employee benefits, and further investments into AI and data-driven platforms.

Intuit offers its employees stock options and Restricted Stock Units (RSUs) as part of their compensation packages. Stock options give employees the right to purchase Intuit shares at a predetermined price, while RSUs are a promise to grant shares upon meeting vesting requirements. For example, RSUs vest over time or after performance milestones, with taxes withheld from the vested shares before employees can access the remaining stock. Both stock options and RSUs are considered ordinary income once vested and are reported on W-2 forms (Intuit Benefits) (TurboTax). In 2022, 2023, and 2024, Intuit provided RSUs with vesting schedules based on years of service and stock performance. Typically, a portion of the shares is withheld to cover taxes upon vesting, and the remaining shares are transferred to the employee's account. Employees can then decide whether to hold or sell the shares. RSUs are commonly awarded to attract and retain talent and are available to full-time employees, with executives often receiving higher allocations

Medical Coverage: Intuit provides several medical plans depending on the employee's location, such as the Cigna Choice Fund with Health Savings Account (HSA), UnitedHealthcare (UHC) Network Plan, Cigna Managed Network Plan (EPO), and Kaiser Permanente (for employees in California and Georgia). These plans include broad coverage for services like preventive care, family planning, and physical therapy (Intuit Benefits) (Intuit Benefits). Health Savings Account (HSA): Employees enrolled in the Cigna Choice Fund with HSA plan can contribute tax-free money to cover medical expenses. In 2023, the IRS limit was $3,850 for individual coverage and $7,750 for family coverage, increasing to $4,150 for individuals and $8,300 for families in 2024 (Intuit Benefits). Mental Health and Wellbeing: Intuit places a strong emphasis on mental health. Employees have access to no-cost confidential counseling, support for managing stress, depression, and workplace challenges, as well as resources for mindfulness and resilience building

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For more information you can reach the plan administrator for Intuit at , ; or by calling them at .

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