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

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Burlington Stores Employees: Discover the Exciting Possibilities of Continuing Your Career in Retirement

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Healthcare Provider Update: Healthcare Provider for Burlington Stores Burlington Stores, Inc. provides healthcare coverage to its employees through a variety of plans, most notably through BlueCross BlueShield (BCBS). This offers employees access to a broad network of healthcare professionals and facilities. Potential Healthcare Cost Increases in 2026 As we look toward 2026, Burlington Stores and its employees may face significant increases in healthcare costs, driven primarily by record hikes in Affordable Care Act (ACA) premiums. States are reporting increases as high as 66% for certain ACA plans, with many individuals potentially seeing their out-of-pocket premiums rise by over 75% if enhanced federal subsidies are not extended. Factors contributing to these escalating costs include rising medical inflation, increased hospital and prescription drug expenses, and the anticipated expiration of enhanced subsidies. Consequently, employers may need to rethink their healthcare strategies, as shifting more costs to employees becomes a likely strategy in response to a challenging economic landscape. Click here to learn more

The idea of blending generations in the workplace and the pursuit of 'encore careers' provide a significant change in our understanding of the length and importance of our professional life in the work and career dynamics of today. Author and businessman Marc Freedman speaks eloquently about these subjects, highlighting the many advantages of working past conventional retirement age and the ways in which Burlington Stores professionals can reinvent themselves through fulfilling second careers.


The conversation between Christine Benz and Amy Arnott of Morningstar and Freedman reveals a thorough grasp of the social and individual ramifications of working later in life. Freedman, who managed a home with kids after surpassing the conventional retirement age, highlights the significant emotional and social advantages of long-term employment in addition to its financial necessity. He brings up a study conducted ten years ago that found retirees frequently miss the fruitful interactions and teamwork that come with working toward worthwhile objectives. This realization supports Freud's claim that the two most important aspects of being human are love and work, which provide us with a purpose to get out of bed in the morning and the thread that binds our social networks together.

The desire to prolong working life for Burlington Stores employees, however, is confronted with real obstacles, such as societal and infrastructure impediments that impede people's ability to smoothly enter this new stage of life. Freedman draws attention to the disparity that exists between the desire and reality of working longer hours. He emphasizes the necessity for additional supportive systems that facilitate older workers' entry and exit from the labor.

Innovative attempts to easing these transitions are exemplified by encouraging developments, like higher education programs tailored for individuals in their later years. Programs like the Encore Fellowship at Harvard and the Advanced Leadership Initiative provide a means for seasoned professionals to reevaluate their purpose, acquire fresh perspectives, and get ready for meaningful encore careers. Though specifically designed to meet the needs and goals of Burlington Stores individuals seeking to reinvent their later years, these programs are a reflection of the transitional support networks that have historically been accessible to young adults.


Maintaining a job at Burlington Stores well into old age has several advantages, including social interaction, financial security, and a strong feeling of purpose. Surgeon General Vivek Murthy's focus on the scourge of loneliness is addressed by research, which also highlights the fundamental connection between meaningful living and health. This research includes insights from the Blue Zones series. The workplace becomes a vital setting for building relationships and satisfying the human need for purposeful work, as Marge Piercy so eloquently puts it: 'The pitcher cries for water to carry and a person for work that is real.'

Prominent individuals such as Jimmy Carter, whose humanitarian endeavors after leaving the presidency exemplify the possibility of meaningful work later in life, serve as inspiration for Freedman's concept of the encore career. These professions frequently represent an evolution rather than a radical break from earlier work, building upon the knowledge, expertise, and interests cultivated throughout a lifetime. Gary Maxworthy is a prime example; driven by both a personal loss and a lifetime of experience in food distribution, he created the Farm to Family program, which greatly increased the caliber and amount of food that food banks could provide.

This story not only describes the 5 million Americans who are now pursuing encore careers, but it also suggests that society could utilize the talents of an additional 21 million people who make this shift a priority. These professionals' combined experience and knowledge constitute a powerful resource that, with proper mobilization, may have a significant positive impact on society.

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To sum up, the trend toward longer working lifespans and the desire for encore careers represents a more expansive vision for our career and personal paths. It promotes a social reassessment of the potential contributions of elder generations, highlighting the significance of establishing pathways for ongoing development, fulfillment, and contribution. We can change the way people think about work and retirement by implementing creative programs and providing strategic assistance. This will help to create a future in which Burlington Stores employees and the rest of the work force has the chance to pursue work that is both financially and personally fulfilling.

When considering career options after retirement from Burlington Stores, it's important to keep in mind that, according to a 2022 report from the Bureau of Labor Statistics, people 65 and older are expected to join the workforce at a rate that will increase faster than that of any other age group through 2030. This pattern highlights a change toward career participation in later life, indicating seniors' need and desire to continue being involved in the workforce. These figures demonstrate how retirement is changing, indicating that it is no more a definite conclusion to employment but rather a stage of transition for many people.

See retirement as the beginning of an exciting new chapter in a big, ongoing tale, rather than the end of a book. Retirement provides a rich environment for growth, change, and the cultivation of new endeavors for the modern professional, much like an experienced gardener doesn't just hang up their tools at the end of the season but instead starts planning for the next bloom. This can be viewed as a chance to gather the wealth of knowledge and experience accumulated over a lifetime and plant the seeds for a second career that will be personally fulfilling and contribute positively to society. Those entering this stage can combine their in-depth knowledge with novel endeavors, much like a gardener who understands that the best crops are produced through a combination of old and new ways. This will ensure that their legacy endures and influences future generations.

What type of retirement plan does Burlington Stores offer to its employees?

Burlington Stores offers a 401(k) retirement savings plan to its employees.

Does Burlington Stores match employee contributions to the 401(k) plan?

Yes, Burlington Stores provides a matching contribution to employee contributions made to the 401(k) plan, subject to certain limits.

What is the eligibility requirement for Burlington Stores' 401(k) plan?

Employees of Burlington Stores are eligible to participate in the 401(k) plan after completing a specified period of service, typically 30 days.

How can Burlington Stores employees enroll in the 401(k) plan?

Burlington Stores employees can enroll in the 401(k) plan through the company’s benefits portal or by contacting the HR department for assistance.

What investment options are available in the Burlington Stores 401(k) plan?

The Burlington Stores 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.

Can Burlington Stores employees change their contribution percentage to the 401(k) plan?

Yes, employees at Burlington Stores can change their contribution percentage at any time throughout the year.

Is there a vesting schedule for the employer match in Burlington Stores' 401(k) plan?

Yes, Burlington Stores has a vesting schedule for the employer match, which means employees must work for a certain period before they fully own the matched contributions.

What is the maximum contribution limit for Burlington Stores employees participating in the 401(k) plan?

The maximum contribution limit for Burlington Stores employees is determined by the IRS and may change annually; employees should check the current limit each year.

Does Burlington Stores offer a loan option against the 401(k) savings plan?

Yes, Burlington Stores allows employees to take loans against their 401(k) savings plan, subject to specific terms and conditions.

Can Burlington Stores employees withdraw funds from their 401(k) plan while still employed?

Generally, Burlington Stores employees cannot withdraw funds from their 401(k) plan while still employed, except under specific circumstances such as financial hardship.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Burlington Stores announced a restructuring plan that includes a significant reduction in workforce and the closure of several underperforming locations. The company also plans to make changes to employee benefits, including adjustments to health insurance coverage and retirement plan contributions.
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For more information you can reach the plan administrator for Burlington Stores at 2006 Route 130 North Burlington, NJ 8016; or by calling them at +1 609-387-7800.

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