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

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Understanding the Shift: What 65-Year-Old Workers Mean for Sealed Air's Future

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Healthcare Provider Update: Healthcare Provider for Sealed Air Sealed Air typically offers health benefits through major insurance carriers, and one of their notable healthcare providers is Aetna. Aetna provides a range of insurance products and services, including healthcare plans, which support Sealed Air's commitment to employee wellness. Potential Healthcare Cost Increases in 2026 As we approach 2026, healthcare costs are projected to climb significantly, with some states expecting insurance premium hikes of over 60%. According to the Kaiser Family Foundation, without the extension of enhanced federal subsidies, nearly 92% of ACA marketplace enrollees could face a staggering 75% increase in out-of-pocket premiums. This surge is driven by a combination of rising medical expenses, including hospital and drug costs, and aggressive rate hikes from major insurers, posing imminent financial challenges for consumers in the healthcare market. Click here to learn more

In the modern world, the group of people who become 65 years old is undergoing a paradigm change that is denoting a reconfiguration of what this significant age has historically meant. With nearly 4.1 million Americans turning 65 this year, the number surpasses all prior records and is predicted to rise further until 2027. This is a historical high. This increase, or around 11,200 people a day, is in stark contrast to the 10,000 people a day average from the previous decade, indicating a substantial shift in the population.


This change has a wide range of effects on Sealed Air individuals lifestyles, economic factors, and cultural conventions. The idea of retirement, which was formerly understood to mean giving up one's career, is drastically evolving. According to Pew Research Center data, about 20% of Americans 65 and older were still working in 2023—a number that has increased in the previous 35 years. This growth is a result of both economic necessity and the desire of this group to continue being active, contributing members of society. This age group's labor force involvement is defined by two trends: two thirds of them adhere to a full-time work schedule, and average hourly incomes have increased from an inflation-adjusted $13 in 1987 to $22 in 2023.

The financial environment that 65-year-olds face now has likewise changed significantly from what it did a generation ago. According to the Federal Reserve's Survey of Consumer Finances, the median net worth of people 65 to 74 in 2022 will be $410,000, up 45% from 2010 after accounting for inflation. The issue of guaranteeing a sustainable income through retirement, however, is coupled with this economic buoyancy given the fall in traditional pension systems and the rising costs of long-term care.

Furthermore, compared to their counterparts from two decades earlier, a larger proportion of this age group adheres to the federal physical activity guidelines, demonstrating a strong dedication to maintaining an active lifestyle. It is expected that this commitment to physical health will lengthen life expectancy and lower the likelihood of developing chronic illnesses.


The social fabric of the 65-year-old age group is changing as well; since 1990, the divorce rate has significantly increased among this generation. This pattern points to a reassessment of interpersonal connections and living situations in later years, which reflects broader shifts in society perceptions of marriage and personal freedom.

Seeking something more than a conventional retirement is at the heart of the story of today's Sealed Air professionals. This generation is more and more looking for jobs that allow them to give back to the community, whether it is through volunteer work or ongoing career involvement. The idea of leaving a legacy and the desire to have a long-lasting effect on society and the community are common themes among people going through this phase of life.

This demographic transition reflects a fundamental rethinking of the latter years, marked by greater lifespan, economic resilience, and a dedication to active, purposeful living. The experiences and goals of today's 65-year-olds highlight a larger shift in how society views aging and its potential, dispelling myths and opening up new avenues for meaningful engagement and contribution past the customary retirement age. This progression indicates a change in society values toward accepting the potential and difficulties of aging in the twenty-first century, in addition to reflecting the changing environment of work, health, and social interactions.

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An intriguing development in the retirement landscape is the increasing use of staggered retirement plans by organizations. With the help of these initiatives, senior workers can progressively cut back on their hours while mentoring junior staff members, making the transition to retirement easier. This strategy helps the companies transfer knowledge and maintain key experience while also helping the individuals, who can transition to retirement more gradually. According to a June 2023 research from the Society for Human Resource Management, these programs are becoming more and more well-liked as a calculated strategy for handling the retirement of the aging population, providing a mutually beneficial outcome for both businesses and employees.

For today's 65-year-olds, navigating Sealed Air retirement is like cruising a luxurious yacht over unexplored oceans of affluence and longevity. Like a seasoned sailor using cutting-edge navigational aids to discover uncharted territory, contemporary  Sealed Air retirees are using their money, health, and life experience to map out a path toward happy, active retirements. The state-of-the-art yacht, furnished with all the newest amenities, stands in for the opportunities and resources at their disposal, including investments that guarantee a comfortable journey and phased retirement plans. The huge ocean represents the possibility of new endeavors, ongoing professional involvement, and personal development. Today's retirees are meticulously planning to handle the financial and social adjustments that come with retirement, just as the yacht crew prepares for every eventuality. This way, their journey is about more than simply reaching their goal; it's about enjoying the voyage itself.

What is the Sealed Air 401k/Savings Plan?

The Sealed Air 401k/Savings Plan is a retirement savings plan that allows employees to save and invest a portion of their earnings for retirement.

How does Sealed Air match contributions to the 401k/Savings Plan?

Sealed Air offers a matching contribution up to a certain percentage of employee contributions, helping to enhance retirement savings.

When can I enroll in the Sealed Air 401k/Savings Plan?

Employees can enroll in the Sealed Air 401k/Savings Plan during the initial enrollment period or during open enrollment periods specified by the company.

What types of investment options are available in the Sealed Air 401k/Savings Plan?

The Sealed Air 401k/Savings Plan offers a variety of investment options, including mutual funds, stocks, and bonds, allowing employees to diversify their portfolios.

Is there a vesting schedule for Sealed Air's 401k/Savings Plan?

Yes, Sealed Air has a vesting schedule that determines when employees fully own the company’s matching contributions based on their years of service.

Can I take a loan against my Sealed Air 401k/Savings Plan?

Yes, Sealed Air allows employees to take loans against their 401k/Savings Plan, subject to specific terms and conditions.

What happens to my Sealed Air 401k/Savings Plan if I leave the company?

If you leave Sealed Air, you have several options for your 401k/Savings Plan, including rolling it over to another retirement account or cashing it out.

How can I access my Sealed Air 401k/Savings Plan account?

Employees can access their Sealed Air 401k/Savings Plan account online through the designated plan administrator's website.

Are there any fees associated with the Sealed Air 401k/Savings Plan?

Yes, there may be administrative fees associated with the Sealed Air 401k/Savings Plan, which are disclosed in the plan documents.

Can I change my contribution rate to the Sealed Air 401k/Savings Plan?

Yes, employees can change their contribution rate to the Sealed Air 401k/Savings Plan at any time, subject to the plan's guidelines.

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