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Explore 2024's Top Carlisle Retirement Destinations: Affordable and Enriching Living Abroad for Carlisle Employees

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Healthcare Provider Update: Healthcare Provider for Carlisle: Aetna Carlisle's medical plans are administered by Aetna, offering a variety of coverage options to suit the needs of employees and their families. These plans provide comprehensive benefits, including preventive care and prescription drug coverage, with options such as high-deductible plans paired with Health Savings Accounts (HSAs) to help manage costs effectively. Potential Healthcare Cost Increases in 2026: In 2026, healthcare costs are expected to surge significantly due to a combination of factors, including the likely expiration of enhanced federal subsidies and ongoing inflation in medical expenses. Many states face premium hikes soaring upwards of 60%, pushing average out-of-pocket costs for consumers potentially over 75%. With insurers forecasting a medical trend increase of around 7-10%, and the top insurers posting substantial profits, consumers could be left grappling with higher premiums and reduced access to affordable healthcare options. Consequently, strategic planning for medical expenses has never been more critical for individuals and families navigating this challenging landscape. Click here to learn more

Retirement as a concept has changed dramatically, offering new prospects for a happy life after work. The desire to retire abroad of one's native country has become a notable trend in recent years. Retirement travel preferences are shifting globally, and part of the reason for this is that people are looking for places that offer a harmonious combination of cost, quality of life, and cultural diversity, in addition to seeking out new experiences.

The top retirement destinations are highlighted in International Living's Annual Global Retirement Index for 2024, which provides insightful analysis of this phenomena. This extensive research carefully assesses a number of important Carlisle retirement-related issues, including housing, healthcare, cost of living, and general quality of life.

Housing: A major focus of the research, housing includes homeowner value, property taxes, and affordability. This gives Carlisle retirees a clear picture of what to expect in terms of housing and living expenditures and includes the ease with which foreign nationals can acquire and own property as well as rental values and renters' rights.

Visas and Perks: For Carlisle individuals wishing to relocate overseas, the perks that come with retiring abroad, as well as the convenience with which a tourist visa may be obtained, are essential. The study looks at these factors to determine how friendly a nation is to retirees.

Cost of Living: This evaluation is based on a comprehensive questionnaire designed specifically for seniors living abroad. It has comprehensive contributor responses that guarantee a full comprehension of the daily costs in every location.

Affinity Rating: This evaluates a place's general appeal by taking into account things like food options, nightlife, and cultural events. The possibility that retirees would interact with their new community and lead active lives is reflected in this grade.

Healthcare: For Carlisle retirees in particular, the cost and quality of care are critical factors. The index assesses each nation's healthcare system based on affordability and accessibility.

Development and Governance: A retirement destination's desirability is largely determined by factors such as financial systems, infrastructure quality, political climate, and governance.

Climate: The index assigns a score to each country based on the range of climatic conditions it offers, taking into account the fact that different people have different preferences when it comes to climate.

The strategy used by International Living is based on first-hand knowledge from trustworthy individuals who live in these locations. These people offer unbiased perspectives that are not influenced by business objectives, making sure that Carlisle retirees get counsel that is both sincere and useful.

According to the 2024 index, Costa Rica is the best place to retire because of its excellent healthcare system, reasonably priced housing, variety of climates, and stunning natural surroundings. Costa Rica is notable for having a Blue Zone, a population that is renowned for being extraordinarily healthy and long-lived. For those thinking about permanent residency, the nation's extended tourist visas and digital nomad program also provide ease and flexibility.

Portugal, Mexico, Panama, Spain, Ecuador, Greece, Malaysia, France, and Colombia are among the other popular travel locations. From cultural diversity to economic stability, each of these nations has special benefits that make them appealing options for retirees looking for a comfortable and meaningful life overseas.

For Carlisle individuals thinking about retiring overseas, International Living's study provides an extensive resource for thorough information and a full breakdown of the statistics. It gives a thorough analysis of each location, enabling retirees to make well-informed choices about their future.

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Apart from the advantages expounded in International Living's 2024 research, there is considerable allure in Costa Rica's abundant retirement incentives. Retirees can benefit from the 'Pensionado Program,' which only requires a minimum monthly income of $1,000 from a pension or retirement fund, according to the official Costa Rican government portal (2023). Significant tax benefits are available under this scheme, such as duty-free imports of home items and a one-time tax exemption for car imports. These financial incentives fit in well with the budgetary sensibilities of seasoned Carlisle professionals, making them especially appealing to retirees looking for an affordable, high-quality lifestyle.

In 2024, retiring overseas will be akin to picking the ideal wine from a premier vineyard. With consideration for aspects including cost of living, healthcare quality, and climate diversity, International Living's Global Retirement Index assists you in choosing your retirement destination, much like a connoisseur selects a wine based on its region, flavor profile, and potential for ageing. Costa Rica emerges as the best option, comparable to a good, well-balanced wine with a special combination of cost, top-notch healthcare, and breathtaking natural beauty. It's a chance to relish the deep experiences of a foreign culture, like to sipping a fine wine in the ideal environment.

What is the Carlisle 401(k) Savings Plan?

The Carlisle 401(k) Savings Plan is a retirement savings plan that allows employees to save a portion of their salary on a pre-tax or Roth after-tax basis.

How does Carlisle match contributions to the 401(k) plan?

Carlisle offers a matching contribution to the 401(k) plan, which typically matches a percentage of the employee's contributions, up to a certain limit.

When can I enroll in the Carlisle 401(k) Savings Plan?

Employees can enroll in the Carlisle 401(k) Savings Plan during their initial onboarding period or during the annual open enrollment period.

What are the eligibility requirements for the Carlisle 401(k) Savings Plan?

To be eligible for the Carlisle 401(k) Savings Plan, employees must meet certain criteria, including age and length of service, as specified in the plan documents.

Can I take a loan from my Carlisle 401(k) account?

Yes, Carlisle allows employees to take loans from their 401(k) accounts under certain conditions, as outlined in the plan's loan policy.

What investment options are available in the Carlisle 401(k) Savings Plan?

The Carlisle 401(k) Savings Plan offers a variety of investment options, including mutual funds, target-date funds, and company stock.

How can I change my contribution percentage to the Carlisle 401(k) plan?

Employees can change their contribution percentage to the Carlisle 401(k) plan by accessing the plan's online portal or contacting the HR department.

What happens to my Carlisle 401(k) account if I leave the company?

If you leave Carlisle, you have several options for your 401(k) account, including rolling it over to an IRA, transferring it to a new employer's plan, or cashing it out.

Does Carlisle offer any educational resources for 401(k) participants?

Yes, Carlisle provides educational resources and tools to help employees understand their 401(k) options and make informed investment decisions.

How often can I change my investment allocations in the Carlisle 401(k) plan?

Employees can change their investment allocations in the Carlisle 401(k) plan at any time, subject to the plan's trading policies.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Carlisle Companies offers its employees the Carlisle, LLC Employee Incentive Savings Plan (CEISP), a comprehensive retirement savings plan. The CEISP allows employees to contribute between 1% and 50% of their eligible pay on a pretax, Roth, or after-tax basis, with annual contribution limits of $23,000 for those under 50 and $30,000 for those 50 and older in 2024. Employees are automatically enrolled at a 3% deferral election if they don't opt out. The plan offers immediate 100% vesting on both employee and employer contributions, making all funds fully owned by the participant from the start. Carlisle’s 401(k) plan includes a company match of 100% on the first 3% contributed and 50% on the next 2%, making it a beneficial program for long-term financial planning.
Restructuring Layoffs: Carlisle Companies have been navigating various financial adjustments and structural changes in 2023 and 2024. They have announced strategic acquisitions and share repurchases, alongside continuous dividend increases to stabilize their financial standing and enhance shareholder value.
Carlisle Companies' Stock Options and RSUs 2022 In 2022, Carlisle Companies (NYSE: CSL) issued a broad-based stock option grant to employees, which marked the third such grant in the last 12 years. The goal of these grants was to provide significant incentives for employees to achieve long-term company objectives. The stock options are available to a wide range of employees, promoting a sense of ownership and alignment with the company’s success (source: Carlisle Companies’ 2022 Employee Stock Option Grant Announcement, page 1). 2023 In 2023, Carlisle continued its practice of offering stock options and RSUs to its employees. The RSUs are part of the company’s long-term incentive plan, designed to retain key employees and align their interests with shareholders. RSUs vest over a specified period, typically requiring continued employment with the company (source: Carlisle Companies’ Third Quarter Results Report, page 3). 2024 For 2024, Carlisle has maintained its commitment to employee equity compensation by offering both stock options and RSUs. The latest offerings include performance-based RSUs that vest based on the company achieving specific financial targets. These are available to managerial and executive-level employees, ensuring that key decision-makers have a vested interest in the company’s long-term performance (source: Carlisle Companies’ Fourth Quarter Results Report, page 4).
Carlisle Companies provides a comprehensive and industry-leading health benefits package to its employees, focusing on holistic wellness and financial security. The benefits include medical, dental, and vision coverage, as well as health savings accounts (HSAs) and flexible spending accounts (FSAs) to help manage healthcare costs. Additionally, Carlisle offers wellness programs that promote physical and mental health, including fitness incentives, stress management resources, and preventive care initiatives​ (Carlisle ESG Data Center)​ (Carlisle). In 2023, Carlisle emphasized sustainability in its operations, which includes the health and safety of its employees. The company's initiatives are detailed in their Corporate Sustainability Report, highlighting their commitment to reducing emissions and waste, and improving energy efficiency, which indirectly supports a healthier work environment​ (Carlisle). Key healthcare-related terms and acronyms used by Carlisle include: HSA (Health Savings Account): A tax-advantaged account used to pay for eligible medical expenses. FSA (Flexible Spending Account): Allows employees to set aside pre-tax dollars for healthcare expenses. LEED (Leadership in Energy and Environmental Design): A certification for environmentally friendly buildings, which aligns with Carlisle's focus on creating healthier workspaces​ (Carlisle ESG Data Center)​ (Carlisle). Recent news affecting Carlisle includes their progress towards sustainability goals, such as reducing Scope 1 & 2 emissions by over 21% and Scope 3 emissions by over 12% from their 2021 base year. These efforts reflect Carlisle's broader commitment to employee well-being through a healthier and more sustainable work environment​
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For more information you can reach the plan administrator for Carlisle at 16430 N. Scottsdale Rd. Scottsdale, AZ 85254; or by calling them at +1 480-781-5000.

https://www.carlisle.com/investors/news/press-release-details/2024/Carlisle-Companies-to-Announce-Second-Quarter-2024-Results-on-July-24-2024/default.aspx https://www.carlisle.com/investors/news https://carlislebenefits.com/Money/Retirement-Savings https://careers.carlisleconstructionmaterials.com/benefits/ https://www.kiplinger.com/ https://www.emparion.com/ https://am.gs.com/ https://esgdatacenter.carlisle.com/gri-data-center-detail/default.aspx https://www.carlislebenefits.com/ https://carlsoncap.com/articles/nua-net-unrealized-appreciation/ https://www.fidelity.com/learning-center/personal-finance/retirement/company-stock https://www.newretirement.com/retirement/net-unrealized-appreciation-nua-tax-smart-company-stock-rollover/ https://www.mercer.com/ https://www.milliman.com/ https://www.nextgen-wealth.com/ https://www.livewell.com/ https://www.foxrothschild.com/ https://www.kirkland.com/news/press-release/2024/01/kirkland-advises-carlisle-companies-on-sale-of-carlisle-interconnect-technologies https://www.techopedia.com/tech-layoffs-predictions https://www.fastcompany.com/91140449/here-2024s-growing-list-u-s-layoffs-by-sector https://www.challengergray.com/tags/job-cut-report/ https://intellizence.com/insights/layoff-downsizing/leading-companies-announcing-layoffs-and-hiring-freezes/ https://contracts.justia.com/companies/carlisle-companies-inc-242/contract/780782/

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