<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=314834185700910&amp;ev=PageView&amp;noscript=1">

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

Learn More

Exploring Social Media Trends Among UWM Holdings Employees: Insights for Baby Boomers

image-table

Healthcare Provider Update: UWM Holdings provides health, dental, and vision insurance to its employees, along with disability and life insurance. The company offers a 401(k) match, paid time off, and on-site amenities including a doctors office, fitness center, and coffee shops. Employees also benefit from adoption assistance, sabbaticals, and mortgage discounts. UWM Holdings Healthcare costs in the United States are projected to continue rising through 2026, with insurers proposing significant premium increases for Affordable Care Act (ACA) plans. A recent analysis found that ACA insurers are seeking a median premium increase of 15% for 2026, marking the largest hike since 2018. This surge is attributed to factors such as the anticipated expiration of enhanced premium tax credits, rising medical costsincluding expensive medications and increased hospital staysand a shift in the risk pool towards higher-cost enrollees. Without the renewal of enhanced subsidies, out-of-pocket premiums for ACA marketplace enrollees could increase by more than 75% on average. Click here to learn more

A recent study conducted by Security.org unveiled surprising trends regarding social media usage across generations,  with a significant focus on baby boomers. Contrary to popular belief, which often associates social media prowess with younger demographics like millennials, it appears that baby boomers are not only active users but also greatly benefit from their online interactions. This revelation questions the stereotype of social media being predominantly a young person’s arena.


The research led by Corie Colliton reveals an impressive 84% of baby boomers believe that social media positively influences their lives—a stark contrast to the 33%  of millennials who view their online interactions negatively. This difference is especially striking given the high integration of social media in the daily routines of younger generations.

For baby boomers at UWM Holdings, this affinity for social media may stem from their unique historical context. Having witnessed the dawn of television, the expansion of cable, and the birth of the internet, they have embraced each new technological wave as a fresh media outlet. This extensive exposure to tech innovations likely contributes to their adaptive and favorable use of social media platforms.


However, the way baby boomers engage with social media differs significantly from younger users. They tend to spend less time online, which might lead to a more satisfying and less overwhelming online experience. UWM Holdings employees from this generation typically use social platforms to stay connected with friends and family, enhancing their sense of happiness linked to these interactions.

According to Statista, YouTube tops the charts as the favorite platform among baby boomers, with 70% using it regularly, closely followed by Facebook.  This preference aligns with traditional media consumption patterns that favor content viewing over interactive engagement. Usage rates for other platforms like Pinterest, LinkedIn, and Instagram vary, with Twitter and Snapchat being less popular among this demographic.

When interacting with technology, baby boomers at UWM Holdings often utilize a single index finger for typing on smartphones—a method reminiscent of older dialing techniques. This contrasts with the thumb-typing speed common among younger generations.

The study also sheds light on broader cultural attitudes toward social media. Only 26.5% of boomers believe social media should not exist, compared to 44% of millennials. This indicates a generational divide in how social media is perceived within society.

Featured Video

Articles you may find interesting:

Loading...


Interestingly, the study finds that positive sentiments about social media often come from Southern male boomers who are married, hold at least an associate degree, and lean politically to the right. In contrast, millennial women from the Midwest, who are single and lean left politically, generally have a less favorable view of social media.

For UWM Holdings employees approaching retirement, the role of social media is increasingly vital.  A 2022 Financial Times survey  highlighted that about 60% of baby boomers now engage with financial content on platforms like Facebook and YouTube. They use these sites not only for personal connections but also to monitor market trends, seek financial advice, and manage their retirement planning.

For baby boomers at UWM Holdings, mastering social media is like rediscovering a cherished classic car with modern updates. They appreciate the blend of traditional engagement and new-age digital tools, enjoying the journey much like driving a well-loved, refurbished car on modern roads. This generation values the integration of conventional wisdom with innovative technologies, enhancing their experience as they navigate through the evolving digital landscape.

What is the 401k plan offered by UWM Holdings?

The 401k plan at UWM Holdings is a retirement savings plan that allows employees to save a portion of their paycheck before taxes are taken out.

How can I enroll in the UWM Holdings 401k plan?

Employees can enroll in the UWM Holdings 401k plan by completing the enrollment form available through the HR portal or by contacting the HR department for assistance.

Does UWM Holdings offer a matching contribution for the 401k plan?

Yes, UWM Holdings offers a matching contribution to the 401k plan, which helps employees maximize their retirement savings.

What is the employee contribution limit for the UWM Holdings 401k plan?

The employee contribution limit for the UWM Holdings 401k plan is set annually by the IRS, and employees should check the latest guidelines for the current limit.

Can I change my contribution percentage to the UWM Holdings 401k plan?

Yes, employees can change their contribution percentage to the UWM Holdings 401k plan at any time by submitting a request through the HR portal.

What investment options are available in the UWM Holdings 401k plan?

The UWM Holdings 401k plan offers a variety of investment options, including mutual funds and target-date funds, to suit different risk tolerances and investment strategies.

When can I access my funds from the UWM Holdings 401k plan?

Employees can access their funds from the UWM Holdings 401k plan upon reaching retirement age, or under certain circumstances such as hardship withdrawals or termination of employment.

Is there a vesting schedule for the UWM Holdings 401k plan?

Yes, UWM Holdings has a vesting schedule that determines how much of the employer's matching contributions employees are entitled to based on their years of service.

What happens to my UWM Holdings 401k plan if I leave the company?

If you leave UWM Holdings, you have several options for your 401k plan, including rolling it over to another retirement account, leaving it in the UWM Holdings plan, or cashing it out.

Can I take a loan against my UWM Holdings 401k plan?

Yes, UWM Holdings allows employees to take loans against their 401k plan, subject to certain terms and conditions outlined in the plan documents.

New call-to-action

Additional Articles

Check Out Articles for UWM Holdings employees

Loading...

For more information you can reach the plan administrator for UWM Holdings at , ; or by calling them at .

*Please see disclaimer for more information

Relevant Articles

Check Out Articles for UWM Holdings employees