<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=314834185700910&amp;ev=PageView&amp;noscript=1">

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

Learn More

Kelly Services Employees: Adapting Your Retirement Strategy Amidst Evolving Market Trends and Tech Partnerships

image-table

Healthcare Provider Update: Kelly Services offers ACA-compliant health coverage to eligible employees, along with optional plans for dental, vision, life, disability, and critical illness. Benefits include telemedicine, wellness support, legal counseling, and student loan assistance. Employees also have access to retirement plans and corporate discounts. Coverage is customizable for employees, spouses, and dependents 5. Kelly Services With ACA insurers requesting premium hikes of up to 66% in some states, Kellys flexible benefit options and ACA-compliant plans help employees maintain affordable coverage and avoid costly marketplace alternatives. Click here to learn more

Several significant occurrences that are particularly interesting have occurred recently in the financial and technological sectors that could effect Kelly Services employees. The well-known online sportsbook BetMGM and X, the website formerly known as Twitter, have announced a partnership. This collaboration represents a pivotal point in the social media and online gambling sectors, suggesting a change in approach to digital marketing.


Expedia Group's stock value has dropped by 18.81%, indicating a significant decline. The revelation of their CEO's resignation and the subsequent financial turmoil sparked debate among investors about the stability and future course of the business. In the meantime, Tesla has experienced a slight rebound, with its stock price rising by 1.91% in an attempt to achieve a gain for the fourth time in a row. After a difficult start to the year, investors are slightly relieved by this, but it begs the issue of how long this recovery can last.

Sam Altman, the CEO of OpenAI, has garnered attention for his audacious ambition to raise trillions of dollars to dramatically grow the semiconductor industry. A global biometric identity scheme and investments in nuclear fusion are part of Altman's vision, which highlights his dedication to leading the way in artificial intelligence and technological infrastructure.


Despite the fact that all three American automakers are concentrating on electric vehicles, Toyota Motor's stock has performed better in the automotive industry than those of Ford Motor and General Motors. Toyota's success can be ascribed to its steady delivery of promises, as opposed to Ford and GM's propensity to establish lofty standards but fall short in terms of performance.

With the S&P 500 currently trading slightly below 5,000 following yet another record high, the stock market appears ready for a possible fall. The current climate may turn out to be very advantageous for Kelly Services employees who enjoy investing due to many chances to profit from assets that are undervalued. Furthermore, the internet-of-things chip manufacturer Impinj has given upbeat financial guidance for the first quarter, indicating a bright future for the technology industry.

Featured Video

Articles you may find interesting:

Loading...


These advancements show how dynamic the financial and technological environments are, emphasizing how crucial innovative thinking and smart investment are to successfully navigating the market's intricacies.

Operating in the current financial and technical environments is like navigating a ship through unknown waters. Kelly Services retirees and those close to retirement must modify their financial plans in reaction to the changing economic and technological tides, much as a skipper must alter the sails to efficiently harness the wind's strength.

Through their collaboration, BetMGM and X are bringing together conventional navigational aids and cutting-edge technology, giving sailors the confidence to venture into uncharted territory. Even the most experienced navigators can run into unforeseen storms, as seen by Expedia's recent difficulties and Tesla's attempts at recovery, highlighting the significance of resilience and adaptation.

What type of retirement plan does Kelly Services offer to its employees?

Kelly Services offers a 401(k) retirement savings plan to help employees save for their future.

How can I enroll in the Kelly Services 401(k) plan?

Employees can enroll in the Kelly Services 401(k) plan by visiting the company’s benefits portal or contacting the HR department for assistance.

Does Kelly Services match contributions to the 401(k) plan?

Yes, Kelly Services provides a matching contribution to the 401(k) plan, which helps employees maximize their retirement savings.

What is the eligibility requirement to participate in the Kelly Services 401(k) plan?

Employees of Kelly Services are typically eligible to participate in the 401(k) plan after completing a specified period of service, as outlined in the plan documents.

What investment options are available in the Kelly Services 401(k) plan?

The Kelly Services 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to suit different risk tolerances.

Can I take a loan against my 401(k) plan with Kelly Services?

Yes, Kelly Services allows employees to take loans against their 401(k) balances, subject to the plan’s terms and conditions.

What is the vesting schedule for the Kelly Services 401(k) matching contributions?

The vesting schedule for Kelly Services 401(k) matching contributions varies, so employees should refer to the plan documents for specific details.

How often can I change my contribution amount to the Kelly Services 401(k) plan?

Employees can change their contribution amount to the Kelly Services 401(k) plan at any time, typically through the benefits portal.

What happens to my 401(k) plan if I leave Kelly Services?

If you leave Kelly Services, you can choose to roll over your 401(k) balance to another retirement account, withdraw the funds, or leave the balance in the Kelly Services plan if allowed.

Does Kelly Services offer financial education resources for 401(k) participants?

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

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 Information: Plan Name: Identify the specific pension plan name. Years of Service and Age Qualification: Determine the required years of service and age qualifications. Pension Formula: Review how the pension amount is calculated. Plan Name: Provide the name of the pension plan. 401(k) Plan Information: Plan Name: Identify the 401(k) plan name. Qualification: Determine who qualifies for the 401(k) plan. Plan Name: Provide the name of the 401(k) plan.
Restructuring and Layoffs: In early 2023, Kelly Services announced a significant restructuring plan aimed at reducing operational costs. This involved a reduction in workforce and streamlining of business units. The company cited the need to adapt to evolving market conditions and shifting client needs as key reasons behind the layoffs. The impact was felt across various departments, reflecting broader trends in the staffing industry. Benefit Changes: In 2024, Kelly Services revised its employee benefits package to better align with industry standards and cost management strategies. Changes included modifications to health insurance plans and retirement contributions. The company emphasized the need to remain competitive while managing operational expenses. Pension and 401k Changes: Kelly Services made adjustments to its 401k plan in mid-2023, including changes to company matching contributions and investment options. These modifications were part of a broader effort to optimize financial sustainability and employee engagement with their retirement plans. The company also reviewed its pension plans, making tweaks to ensure long-term viability while addressing regulatory and market changes.
Kelly Services offers stock options and RSUs to eligible employees as part of their compensation package. The stock options typically grant employees the right to purchase company stock at a predetermined price. RSUs are company shares given to employees with specific vesting schedules.
Kelly Services Careers: Kelly Services offers a range of health benefits for their employees. This typically includes medical, dental, and vision insurance plans, with options for both individual and family coverage. Health and Wellness Programs: The company provides access to wellness programs and resources, including telemedicine services and mental health support.
New call-to-action

Additional Articles

Check Out Articles for Kelly Services employees

Loading...

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

https://www.thelayoff.com/ https://www.milliman.com/en/insight/2023-lump-sums-defined-benefit-plans-much-lower-as-interest-rates-rise https://pinnacle-plan.com/retirement-plan-third-party-administrator-san-antonio/ https://www.futureplan.com/resources/news-articles/defined-benefit-cash-balance-plan-key-priorities/ https://www.dol.gov/agencies/ebsa/about-ebsa/our-activities/resource-center/fact-sheets/cash-balance-pension-plans

*Please see disclaimer for more information

Relevant Articles

Check Out Articles for Kelly Services employees