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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 TEGNA 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 TEGNA 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 TEGNA 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 TEGNA 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 TEGNA 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 TEGNA 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 TEGNA 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 TEGNA's 401(k) plan?
TEGNA's 401(k) plan is a retirement savings plan that allows employees to save for their future by contributing a portion of their salary on a pre-tax or after-tax (Roth) basis.
How can I enroll in TEGNA's 401(k) plan?
You can enroll in TEGNA's 401(k) plan by logging into the employee benefits portal and following the enrollment instructions provided.
What is the employer match for TEGNA's 401(k) plan?
TEGNA offers a competitive employer match for contributions made to the 401(k) plan, which helps employees boost their retirement savings.
When can I start contributing to TEGNA's 401(k) plan?
Employees at TEGNA can start contributing to the 401(k) plan after completing their eligibility requirements, typically within the first few months of employment.
What types of investment options are available in TEGNA's 401(k) plan?
TEGNA's 401(k) plan includes a variety of investment options, such as mutual funds, target-date funds, and company stock, allowing employees to diversify their portfolios.
Can I change my contribution amount to TEGNA's 401(k) plan?
Yes, employees can change their contribution amounts to TEGNA's 401(k) plan at any time through the employee benefits portal.
Does TEGNA offer a Roth 401(k) option?
Yes, TEGNA offers a Roth 401(k) option, allowing employees to make after-tax contributions and potentially enjoy tax-free withdrawals in retirement.
What happens to my TEGNA 401(k) if I leave the company?
If you leave TEGNA, you have several options for your 401(k), including cashing out, rolling it over to another retirement account, or leaving it with TEGNA.
Is there a vesting schedule for TEGNA's 401(k) employer match?
Yes, TEGNA has a vesting schedule for the employer match, meaning that employees must work for the company for a certain period before they fully own the matched funds.
How can I access my TEGNA 401(k) account?
You can access your TEGNA 401(k) account by logging into the designated retirement plan website or mobile app provided by the plan administrator.