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Unlocking the Power of Financial Literacy: A Guide for Envista Holdings Employees Approaching Retirement

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Healthcare Provider Update: Healthcare Provider for Envista Holdings Envista Holdings does not have a publicly listed healthcare provider; instead, employees typically receive health insurance benefits through various commercial insurance plans. As a significant player in the dental products and technology industry, Envista provides its workforce with access to adequate healthcare services, albeit the specific insurers may differ based on the plans offered. Healthcare Cost Increases in 2026 In 2026, Envista Holdings employees may face significant increases in healthcare costs due to rising premiums and shifting employer strategies. With anticipated healthcare premium hikes in the ACA marketplace often exceeding 60% in critical areas, employees are advised to prepare for potential impacts on their out-of-pocket expenses. The expiration of enhanced federal premium subsidies may further exacerbate these financial challenges, pushing many employees to shoulder more substantial costs unless proactive steps are taken to manage their health benefits effectively. As a result, understanding upcoming changes in health plans and optimizing their choices for 2026 will be crucial in navigating this evolving landscape. Click here to learn more

Financial literacy is essential as you navigate the waters of retirement readiness, influencing your ability to manage the complexities of retirement planning effectively. A recent survey by the  Global Financial Literacy Excellence Center (GFLEC) and the TIAA Institute highlights  knowledge gaps that significantly impact retirement outcomes.


One of the survey's critical questions involved the optimal strategy for enhancing retirement savings through employer-sponsored plans. Consider the scenario where Latisha, planning to set aside $2,000 annually for retirement, benefits from her company’s match up to $5,000 per year in a 401(k) plan. Both an IRA and a 401(k) offered a 5% return, but the poll indicated that investing in the 401(k) was the better choice for Latisha to leverage the full employer match, culminating in a substantially larger year-end balance of $4,200, as opposed to $2,100 via an IRA.

This example underscores the importance of understanding Envista Holdings retirement benefits and the tangible impact of financial decisions. Additionally, the survey revealed that only 42% of participants knew that Social Security benefits are calculated based on the 35 highest-paid years of employment, not just the last two.

The survey results show a concerning disparity: a mere 75% of those who correctly answered four out of five questions felt prepared for retirement, versus 41% of those who answered none. This indicates a strong link between financial knowledge and confidence in achieving a comfortable retirement.

Financial literacy encompasses more than academics; it involves a deep understanding of various fields, including human psychology and econometrics. For instance, deciding when to start receiving Social Security benefits involves weighing nearly a hundred different factors. The complexity of these decisions highlights the critical nature of thorough financial preparation and education.


Being financially literate is not just about knowledge; it’s about being ready to seize opportunities. The famed investor Benjamin Graham, renowned for his book 'The Intelligent Investor' and mentoring Warren Buffet, emphasized the importance of preparedness and discipline as key drivers behind successful investments and major decisions.

Consulting with a certified financial planner can provide guidance and clarity for those overwhelmed by the depth of knowledge required. Financial planners are adept at crafting a personalized plan that aligns with each client’s unique financial goals and circumstances.

April is National Financial Literacy Month, an excellent time to assess your financial health. In support of this initiative, MarketWatch releases a series of 'Financial Fitness' articles that offer practical financial planning tips and encourage readers to evaluate their investment and saving strategies.

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Understanding the basics of retirement planning and the nuances of investment options can significantly impact your financial stability in later years. The TIAA Institute and GFLEC survey serves as a potent reminder of the need for ongoing learning and engagement with financial concepts.

It is vital for Envista Holdings employees, especially those nearing retirement, to be vigilant against common tax scams. The IRS warns that scammers often target retirees, posing as IRS officials to extract immediate payment or personal information through social media, emails, or phone calls. Employees should know that the IRS will never contact them through these mediums for private information. Always verify the authenticity of any communication through official IRS channels. This advice is particularly crucial during tax season when scammer activity increases.

Navigating retirement planning is like steering a ship through unfamiliar waters, and Envista Holdings employees on the brink or in the midst of retirement must become adept in their financial landscape. This includes maximizing a 401(k) and understanding Social Security intricacies, but also being acutely aware of the deceptive currents of tax scams targeting retirees. Armed with financial knowledge and vigilance against scams, retirees should, like seasoned captains, navigate these challenging waters with a reliable map and sharp lookout.

What retirement savings options does Envista Holdings offer to its employees?

Envista Holdings offers a 401(k) savings plan to help employees save for retirement.

How can I enroll in the 401(k) plan at Envista Holdings?

Employees can enroll in the 401(k) plan at Envista Holdings by completing the enrollment process through the company’s HR portal.

Does Envista Holdings match employee contributions to the 401(k) plan?

Yes, Envista Holdings provides a matching contribution to the 401(k) plan, which helps employees maximize their retirement savings.

What is the vesting schedule for the 401(k) match at Envista Holdings?

The vesting schedule for the 401(k) match at Envista Holdings is typically outlined in the plan documents, and employees should refer to those for specific details.

Can I change my contribution percentage to the 401(k) plan at Envista Holdings?

Yes, employees at Envista Holdings can change their contribution percentage at any time, subject to the plan's guidelines.

What types of investments are available in the Envista Holdings 401(k) plan?

The Envista Holdings 401(k) plan offers a variety of investment options, including mutual funds and target-date funds, allowing employees to choose based on their risk tolerance.

Is there a minimum contribution requirement for the 401(k) plan at Envista Holdings?

Yes, Envista Holdings may have a minimum contribution requirement for the 401(k) plan, which employees should verify through the plan documents.

At what age can I start withdrawing from my 401(k) at Envista Holdings?

Employees can generally start withdrawing from their 401(k) at Envista Holdings at age 59½ without incurring penalties.

What happens to my 401(k) if I leave Envista Holdings?

If you leave Envista Holdings, you have several options for your 401(k), including rolling it over to a new employer’s plan or an individual retirement account (IRA).

Does Envista Holdings offer loans against my 401(k) balance?

Yes, Envista Holdings may allow employees to take loans against their 401(k) balance, subject to the plan’s terms and conditions.

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

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