Healthcare Provider Update: Healthcare Provider for JELD-WEN Holding JELD-WEN Holding, as a significant employer in the manufacturing sector, typically engages with a variety of healthcare providers. While specific providers may vary depending on location and plan offerings, companies like Aetna, Cigna, and UnitedHealthcare are commonly involved in providing health insurance options for employees. Potential Healthcare Cost Increases for JELD-WEN Holding in 2026 As JELD-WEN Holding prepares for 2026, employees should be aware of significant potential increases in healthcare costs. With premiums in the Affordable Care Act (ACA) marketplace expected to rise sharply-some states forecasting hikes of over 60%-many employees may face higher out-of-pocket expenses. The combined effects of soaring medical costs, the anticipated expiration of enhanced federal premium subsidies, and a shift in employer strategies to pass on more costs could mean a financial burden for workers. It is essential for employees to engage with benefit adjustments proactively and strategize their healthcare plans in advance to mitigate these increases. Click here to learn more
JELD-WEN Holding employees, like many Americans, need to be vigilant as identity theft continues to climb, with consumers losing over $10 billion in 2023 due to various frauds. Among the most prevalent are imposter scams, where fraudsters pose as legitimate entities like banks or government bodies to filch identities and funds. Last year, these scams alone accounted for a loss of $2.7 billion, underscoring a significant uptick in this type of financial deceit.
The Anatomy of a Phishing Attack
Imagine your caller ID falsely displays that your bank is calling. In reality, it's a scammer on the line. They might alarm you about unusual activity on your account and send a verification code supposedly to confirm your identity. However, this code could allow them to reset your password and gain unauthorized access to your funds. It is crucial never to share this code or any sensitive information over the phone unless you initiated the contact through a verified number.
Safeguarding Your Identity and Finances
To shield yourself from these risks:
-
Avoid responding to unsolicited calls, messages, or emails that ask for personal information.
-
Always verify identities by directly accessing the official website of your financial institution.
-
Keep personal data like security codes confidential, particularly if the contact is unexpected.
-
Be cautious of urgent requests for action, which are often tactics employed by scammers to prompt hasty decisions.
-
Watch out for dubious payment requests via wire transfers, gift cards, or cryptocurrencies.
- Recognizing Other Common Financial Scams
-
Remote Access Scams : Do not permit remote access to your computer unless you have confirmed the legitimacy of the source following an alert about a virus.
-
Confidence and Romance Scams : These exploit emotional connections to solicit money or personal information under the guise of romantic or familial relationships. Always exercise caution and consult trusted sources when forming new relationships.
-
Charity Scams : Before donating, verify the charity using resources like the BBB Wise Giving Alliance or Charity Navigator, especially those exploiting recent tragedies or social issues.
-
Investment and Social Media Scams : Be skeptical of too-good-to-be-true offers on social media or emails. Always contact the organizations directly to verify investment opportunities and avoid unsolicited pitches.
-
Tax Refund Fraud : Protect yourself against false tax claims made with your Social Security number by filing taxes early and using IRS Form 14039 (Identity Theft Affidavit) to address issues of duplicate filings promptly.
Featured Video
Articles you may find interesting:
- Corporate Employees: 8 Factors When Choosing a Mutual Fund
- Use of Escrow Accounts: Divorce
- Medicare Open Enrollment for Corporate Employees: Cost Changes in 2024!
- Stages of Retirement for Corporate Employees
- 7 Things to Consider Before Leaving Your Company
- How Are Workers Impacted by Inflation & Rising Interest Rates?
- Lump-Sum vs Annuity and Rising Interest Rates
- Internal Revenue Code Section 409A (Governing Nonqualified Deferred Compensation Plans)
- Corporate Employees: Do NOT Believe These 6 Retirement Myths!
- 401K, Social Security, Pension – How to Maximize Your Options
- Have You Looked at Your 401(k) Plan Recently?
- 11 Questions You Should Ask Yourself When Planning for Retirement
- Worst Month of Layoffs In Over a Year!
- Corporate Employees: 8 Factors When Choosing a Mutual Fund
- Use of Escrow Accounts: Divorce
- Medicare Open Enrollment for Corporate Employees: Cost Changes in 2024!
- Stages of Retirement for Corporate Employees
- 7 Things to Consider Before Leaving Your Company
- How Are Workers Impacted by Inflation & Rising Interest Rates?
- Lump-Sum vs Annuity and Rising Interest Rates
- Internal Revenue Code Section 409A (Governing Nonqualified Deferred Compensation Plans)
- Corporate Employees: Do NOT Believe These 6 Retirement Myths!
- 401K, Social Security, Pension – How to Maximize Your Options
- Have You Looked at Your 401(k) Plan Recently?
- 11 Questions You Should Ask Yourself When Planning for Retirement
- Worst Month of Layoffs In Over a Year!
Additional Tips for Enhanced Security
-
Keep your security software updated and conduct regular system scans if you suspect any abnormal activity.
-
Maintain regular backups of your data to ensure you have control over your digital information.
-
Practice cautious cyber hygiene by scrutinizing unsolicited communications and maintaining privacy on social media platforms.
- Staying Informed
Stay updated on the latest scams and protective measures. Resources like Fidelity's Viewpoints provide valuable tips on preventing identity theft and spotting potential frauds.
By adopting these strategies, JELD-WEN Holding employees can significantly lessen the likelihood of falling prey to financial fraud. Awareness and proactive measures are your best defenses against these sophisticated threats.
During tax season, watch out for the 'IRS Impersonation Scam,' which frequently targets retirees from large corporations, attempting to deceive them into paying non-existent taxes to avoid penalties. This scam has caused millions in losses according to the Treasury Inspector General for Tax Administration (TIGTA, 2023). Always verify tax-related inquiries through official IRS channels before taking any action.
Navigating the realm of financial scams requires vigilance akin to that of a seasoned mariner steering through treacherous seas, wary of hidden dangers and deceptive lures. As tax season unfolds, being prepared and attentive can safeguard your financial stability against these cunning threats.
Disclosure: Not tax advice. Discuss your individual situation with a qualified tax professional.
What type of retirement plan does JELD-WEN Holding offer to its employees?
JELD-WEN Holding offers a 401(k) retirement savings plan to its employees.
Is JELD-WEN Holding's 401(k) plan available to all employees?
Yes, the 401(k) plan at JELD-WEN Holding is available to all eligible employees.
What is the employer match for the 401(k) plan at JELD-WEN Holding?
JELD-WEN Holding provides a matching contribution for employee contributions to the 401(k) plan, typically matching a percentage of employee contributions up to a certain limit.
How can employees enroll in the 401(k) plan at JELD-WEN Holding?
Employees can enroll in the 401(k) plan at JELD-WEN Holding through the company’s benefits portal or by contacting the HR department for assistance.
What investment options are available in JELD-WEN Holding's 401(k) plan?
JELD-WEN Holding's 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.
Can employees take loans against their 401(k) at JELD-WEN Holding?
Yes, JELD-WEN Holding allows employees to take loans against their 401(k) balance, subject to the plan's terms and conditions.
What is the vesting schedule for employer contributions in JELD-WEN Holding's 401(k) plan?
The vesting schedule for employer contributions at JELD-WEN Holding typically follows a graded schedule, where employees become vested over a period of time.
How often can employees change their contribution amounts to the 401(k) plan at JELD-WEN Holding?
Employees at JELD-WEN Holding can change their contribution amounts to the 401(k) plan at any time, subject to plan rules.
What is the maximum contribution limit for the 401(k) plan at JELD-WEN Holding?
The maximum contribution limit for the 401(k) plan at JELD-WEN Holding is determined by IRS regulations, which may change annually.
Does JELD-WEN Holding offer a Roth 401(k) option?
Yes, JELD-WEN Holding offers a Roth 401(k) option, allowing employees to make after-tax contributions.