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

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Healthcare Provider Update: Healthcare Provider for KeyCorp: KeyCorp partners with Anthem Blue Cross Blue Shield as their primary healthcare provider. This relationship offers KeyCorp employees a broad range of health insurance options and services to ensure their healthcare needs are met efficiently. Healthcare Cost Increases in 2026: As we approach 2026, significant increases in healthcare costs are anticipated. With the expiration of enhanced federal premium subsidies under the Affordable Care Act, many enrollees could face out-of-pocket premium hikes exceeding 75%. This situation is exacerbated by rising medical costs and aggressive rate hikes from major insurers, which in some states might surpass 60%. The combination of these factors suggests a challenging landscape for consumers, potentially prompting healthier individuals to exit the market, thus raising costs for those who remain. As the healthcare industry grapples with these changes, proactive planning for 2026 will be essential for individuals and employers alike. 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 KeyCorp 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 KeyCorp 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 KeyCorp 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 KeyCorp 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 KeyCorp retirement experience.

What type of retirement plan does KeyCorp offer to its employees?

KeyCorp offers a 401(k) Savings Plan to help employees save for retirement.

How can KeyCorp employees enroll in the 401(k) Savings Plan?

KeyCorp employees can enroll in the 401(k) Savings Plan through the company’s HR portal or by contacting the benefits department.

Does KeyCorp match employee contributions to the 401(k) Savings Plan?

Yes, KeyCorp provides a matching contribution to employee contributions made to the 401(k) Savings Plan, subject to certain limits.

What is the maximum contribution limit for KeyCorp's 401(k) Savings Plan?

The maximum contribution limit for KeyCorp's 401(k) Savings Plan is determined by IRS regulations and may change annually.

Can KeyCorp employees take loans against their 401(k) Savings Plan balance?

Yes, KeyCorp allows employees to take loans against their 401(k) Savings Plan balance under certain conditions.

What investment options are available in KeyCorp's 401(k) Savings Plan?

KeyCorp's 401(k) Savings Plan offers a variety of investment options, including mutual funds and other investment vehicles.

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

KeyCorp employees can change their 401(k) contribution amounts at any time, subject to payroll processing schedules.

Is there a vesting schedule for KeyCorp's 401(k) Savings Plan?

Yes, KeyCorp has a vesting schedule for its matching contributions, which determines when employees fully own those contributions.

At what age can KeyCorp employees begin withdrawing from their 401(k) Savings Plan without penalties?

KeyCorp employees can begin withdrawing from their 401(k) Savings Plan without penalties at age 59½.

What happens to KeyCorp's 401(k) Savings Plan if an employee leaves the company?

If an employee leaves KeyCorp, they can roll over their 401(k) Savings Plan balance to another retirement account or leave it in the plan, depending on the balance.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
KeyCorp offers a comprehensive retirement benefits package for its employees, including a 401(k) plan and a cash balance pension plan. Employees are automatically enrolled in the 401(k) plan at a 2% contribution rate upon hire, with the option to contribute up to 100% of eligible compensation. KeyCorp matches contributions dollar-for-dollar up to 7% after one year of service. The plan allows both pre-tax and Roth contributions, with a variety of investment options available. The company also offers a cash balance pension plan, though specific details about the pension formula and eligibility requirements were not publicly disclosed in the documents reviewed. The information was sourced from KeyCorp's benefits documentation, specifically on pages related to retirement and financial wellness​
Restructuring Layoffs: In 2023 and 2024, KeyCorp faced restructuring efforts driven by market conditions, which resulted in layoffs across various departments. These layoffs are part of KeyCorp's strategy to manage rising costs and align resources more efficiently. The financial services sector has seen increased pressure due to economic fluctuations and regulatory challenges​ (InvestmentNews). It is important to address this news because of the current economic environment, which has significantly impacted corporate decision-making. The tax and political landscape has also created a more uncertain outlook, making cost management and workforce reductions crucial for businesses like KeyCorp.
KeyCorp (NYSE: KEY) provides employees with stock options and Restricted Stock Units (RSUs) as part of their compensation and incentive programs. These RSUs are offered to select employees at the company's discretion, based on performance and role. Employees at KeyCorp typically receive RSUs that vest over time, encouraging long-term retention and performance. In 2022, 2023, and 2024, the stock option and RSU programs were part of broader efforts to retain talent, with eligibility based on management-level roles and tenure within the company
KeyCorp provides comprehensive health benefits to support the well-being of its employees, with a strong focus on both physical and financial wellness. The health benefits offered are centered around three high-deductible health plan options, all of which are managed through UnitedHealthcare and provide preventive care at 100%, even before deductibles are met​ (Key.com)​ (Key.com). The available plans are compatible with Health Savings Accounts (HSAs), allowing employees to make pre-tax contributions to cover medical expenses. KeyCorp's healthcare plans also include coverage for prescription drugs through Express Scripts. Additionally, dental and vision plans are offered, and employees who work 30 or more hours per week are eligible for these benefits​ (Key.com). There are also wellness programs such as health screenings, health coaching, and fitness benefits, aimed at promoting healthier lifestyles among employees​ (
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For more information you can reach the plan administrator for KeyCorp at , ; or by calling them at .

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