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

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Unlocking Retirement Potential: 5 Essential Updates to Your R.R. Donnelley & Sons 401(k) You Need to Know

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Healthcare Provider Update: Healthcare Provider for R.R. Donnelley & Sons R.R. Donnelley & Sons currently partners with various healthcare providers to offer its employees comprehensive health plans. For specific services and options available, employees typically refer to the company's benefits portal or contact their HR department for detailed information on selected providers and insurance plans. Potential Healthcare Cost Increases in 2026 In 2026, R.R. Donnelley & Sons employees are poised to face significant increases in healthcare costs, driven primarily by soaring insurance premiums and changes in coverage structures. Many major insurers are proposing rate hikes of up to 66% in states like New York, and without extensions of federal premium subsidies, marketplace enrollees could see their out-of-pocket costs rise by over 75%. As a result, employees may need to navigate a landscape of higher deductibles and increased cost-sharing, which could substantially impact their financial obligations towards healthcare services. Preparing for these changes by reviewing benefit options and understanding cost implications early will be crucial for managing future healthcare expenses effectively. Click here to learn more

Over the last forty years, the 401(k) plan has become the most popular retirement savings vehicle for R.R. Donnelley & Sons employees, outpacing both individual retirement accounts (IRAs) and traditional pension plans. This change highlights a major shift in retirement planning, as employees are now more responsible for shieldinging their financial security than they were in the past when employers handled defined benefit pension plans. The shift from self-managed 401(k) plans to guaranteed company pensions is a significant shift in the design of retirement benefits. Even though the 401(k) has many benefits, improvements might be made to better serve the needs of R.R. Donnelley & Sons retirees in the future.

According to recent findings from the Employee Benefit Research Institute (EBRI) , raising catch-up contributions might greatly increase retirement savings for R.R. Donnelley & Sons employees who are getting close to retirement. In addition to the regular cap, individuals 50 years of age and beyond can contribute an extra $6,500 to their 401(k) plans as of 2021. R.R. Donnelley & Sons employees in their later years of employment who need to increase their retirement savings will find this option especially helpful. Improving these contributions could further assist retirees' financial stability and better prepare them for longer retirement periods, as life expectancy continues to rise. These changes would be an essential improvement over the 401(k) plans that are in place.

Examine the development and significance of the 401(k) plan, which has surpassed IRAs and traditional pensions to become the most popular option for retirement savings for R.R. Donnelley & Sons employees. Discover how these programs, which give you flexibility and control over your retirement funds, have evolved to meet the demands of contemporary finance. To better prepare for a secure future, recognize the need for self-managed retirement planning and the possibility of increasing 401(k) contributions. This is perfect for R.R. Donnelley & Sons professionals aiming to maximize their financial stability as they approach retirement.

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Think of the 401(k) as the flagship ship cruising the wide retirement waters for R.R. Donnelley & Sons employees. Previously, retirees depended on the crew of the ship—traditional pensions—to lead them securely to their final destination: retirement. But as times have evolved, R.R. Donnelley & Sons employees are now in control and using contemporary navigational aids (401(k) plans) to design their own path. These tools have developed to provide greater flexibility and control, but just as improving a ship's equipment can increase its effectiveness and safety, so too can improving a 401(k) plan's features, such as adding more investment options and raising contribution limits, assist in a a safer and more comfortable transition to retirement.

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For more information you can reach the plan administrator for R.R. Donnelley & Sons at , ; or by calling them at .

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