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5 Essential Tips for Topgolf Callaway Brands Employees to Navigate the Home Buying Journey in Today's Market

Healthcare Provider Update: Healthcare Provider for Topgolf Callaway Brands Topgolf Callaway Brands partners primarily with UHC (UnitedHealth Group) for employee healthcare coverage. As one of the major players in the insurance market, UHC provides various healthcare plans to Topgolf employees, giving them access to a wide range of medical services and resources. Potential Healthcare Cost Increases in 2026 for Topgolf Callaway Brands As we approach 2026, Topgolf Callaway Brands employees may face significant increases in healthcare costs driven by a combination of factors. Premiums in the ACA marketplace are projected to rise sharply, with some states seeing hikes exceeding 60%. If enhanced federal subsidies are not renewed, 92% of policyholders could potentially see their out-of-pocket premiums surge by over 75%. Consequently, Topgolf employees should prepare for these financial strains by reviewing their health benefits and exploring strategies to mitigate increased expenses effectively. Click here to learn more

As the spring home-buying season approaches, signs of increased activity have begun to emerge in the real estate market. For Topgolf Callaway Brands employees looking to navigate this market, characterized by a rising demand and a limited supply of available properties, a strategic and thoughtful approach can significantly enhance your chances of landing your dream home.

Recent data from the National Association of REALTORS® highlights a slight uptick in home inventory, though not enough to alleviate the ongoing low-inventory situation. This scarcity has sidelined many potential first-time buyers. Additionally, a U.S. News & World Report from June 2023 indicates that over 90% of homeowners enjoy loan rates under 6%, with 62% benefiting from rates even lower than 4%. This advantageous rate environment has encouraged many to remain in their current homes, despite rising interest rates.

Despite these challenges, Topgolf Callaway Brands employees can still successfully secure a home by employing the right strategies. Here are essential tips to help you in today's competitive real estate market:

First Tip: Choose the Right Real Estate Broker

In a market where homes sell quickly and multiple offers are common, the expertise of a seasoned real estate agent is invaluable. An agent experienced in various market conditions, particularly active in your desired price range, can significantly aid your home-buying journey. Remarkably, 80% of real estate transactions are completed by the top 20% of agents. It's crucial to choose an agent with a solid negotiation record and deep knowledge of the locality you're interested in.

Tip No. 2: Personalize Your Offer

While some areas may restrict this practice, consider adding a personal touch, such as a heartfelt note to the homeowner, to differentiate your offer. Communicating your appreciation for the property and your intent to cherish it can elevate your proposal in a competitive setting. Always consult with your agent to ensure this approach is appropriate and legal in your area.

Tip #3: Offer Cash or Flexible Terms

If feasible, a cash offer can significantly boost your appeal by eliminating uncertainties related to mortgage processing times, which is crucial in a bidding situation. If a cash offer isn't possible, demonstrating flexibility in the transaction, like accommodating the seller’s timeline, can also be advantageous. Flexibility and readiness to adapt to the seller’s needs can make your offer more attractive.

Tip #4: Be Prepared to Move Quickly

With limited inventory, real estate transactions occur rapidly, necessitating prompt action. Distinguish between being preapproved—a thorough assessment of your financial history—and being prequalified, which merely estimates your borrowing capacity. A preapproval not only positions you as a serious buyer but also clarifies your financial status and expedites the closing process once your offer is accepted.

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Tip #5: Remain Persistent

Finding the perfect home may take longer than anticipated. Maintain your determination and continue searching with perseverance. Patience and persistence are key to discovering a home that meets your expectations.

In summary, Topgolf Callaway Brands employees aiming to purchase property in the current low-inventory market will benefit from a carefully considered strategy, persistence, and patience. Utilizing these tips can greatly improve your chances of securing your dream home in today’s challenging real estate landscape.

Especially for those considering a home purchase later in life, the concept of a 'forever home' resonates deeply. A 2022 AARP survey found that more than 75% of individuals aged 50 and older prefer to stay in their homes as long as possible , underscoring the importance of selecting a residence that accommodates future mobility and health changes with age-friendly features like single-level living, no-step entries, and wider doorways.

Equip yourself with essential tips to succeed in a competitive market by selecting the right agent, personalizing your offer, and employing financial strategies like cash purchases or flexible terms. Understand the importance of swift actions in securing preapproval over prequalification, and recognize that perseverance is crucial in finding the ideal home. This guide is ideal for Topgolf Callaway Brands employees seeking to make wise investment choices for retirement.

What type of retirement savings plan does Topgolf Callaway Brands offer to its employees?

Topgolf Callaway Brands offers a 401(k) retirement savings plan to its employees.

How can employees of Topgolf Callaway Brands enroll in the 401(k) plan?

Employees of Topgolf Callaway Brands can enroll in the 401(k) plan through the company’s HR portal or by contacting the HR department for assistance.

Is there a company match for contributions made to the 401(k) plan at Topgolf Callaway Brands?

Yes, Topgolf Callaway Brands provides a company match for employee contributions to the 401(k) plan, subject to certain limits.

What is the minimum contribution percentage required for employees at Topgolf Callaway Brands to receive the company match?

Employees at Topgolf Callaway Brands typically need to contribute at least 3% of their salary to qualify for the company match.

Can employees of Topgolf Callaway Brands choose how their 401(k) contributions are invested?

Yes, employees of Topgolf Callaway Brands can select from a variety of investment options for their 401(k) contributions.

What is the vesting schedule for the company match in the 401(k) plan at Topgolf Callaway Brands?

The vesting schedule for the company match at Topgolf Callaway Brands generally follows a standard schedule, which may vary based on tenure.

Are there any fees associated with the 401(k) plan at Topgolf Callaway Brands?

Yes, there may be administrative fees associated with the 401(k) plan at Topgolf Callaway Brands, which are disclosed in the plan documents.

How often can employees at Topgolf Callaway Brands change their contribution amounts to the 401(k) plan?

Employees at Topgolf Callaway Brands can typically change their contribution amounts on a quarterly basis.

What happens to the 401(k) plan if an employee leaves Topgolf Callaway Brands?

If an employee leaves Topgolf Callaway Brands, they have several options for their 401(k) plan, including rolling it over to another retirement account or cashing it out.

Does Topgolf Callaway Brands offer educational resources about the 401(k) plan?

Yes, Topgolf Callaway Brands provides educational resources and workshops to help employees understand their 401(k) plan options.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.

Topgolf Callaway Brands offers a 401(k) plan as part of its retirement benefits for employees. The plan allows eligible employees to contribute a percentage of their income into a tax-advantaged retirement account. For the years 2022, 2023, and 2024, Topgolf Callaway Brands maintained its defined contribution plan in alignment with IRS limits, which included annual contribution limits of $20,500 in 2022, $22,500 in 2023, and $23,000 in 2024, with catch-up contributions of $6,500 for those over 50 in 2022 and 2023, and $7,500 in 2024 (Wikipedia) (Pension Rights Center). The company uses a 401(k) plan to attract and retain employees, offering matching contributions up to a certain percentage, typically around 4%, although exact figures may vary depending on the employee's role and location. Eligible employees can begin contributing to their 401(k) plan upon hire or after a short waiting period, with contributions vesting over a set number of years.

Topgolf Callaway Brands has announced multiple strategic reviews in 2023-2024, including the consideration of spinning off Topgolf to optimize the company's structure and increase shareholder value. In 2023, the company performed solidly in terms of revenue, reporting strong performance in its golf equipment segment and delivering over $4.28 billion in revenue. However, the company is actively considering cost-saving measures, including operational restructuring, that could lead to potential layoffs and benefit adjustments. Additionally, Topgolf Callaway Brands has been adjusting its pension and 401(k) plans, focusing on competitive retirement savings offerings to retain key talent in a challenging economic environment (Topgolf Callaway Brands) .

Topgolf Callaway Brands (MODG) offers stock options and Restricted Stock Units (RSUs) as part of its employee compensation strategy. In 2022, the company granted stock options primarily to senior executives and long-term employees. These stock options were issued under the MODG incentive program, aligning compensation with company performance (Topgolf Callaway Brands). In 2023, RSUs were expanded across the company to include mid-level managers, allowing broader employee participation in equity ownership. This helps align employee incentives with the company’s success (MyGolfSpy). The 2024 plan introduced additional vesting options to retain talent over the long term, targeting specific milestones within the company (MarketBeat).

Topgolf Callaway Brands provides a range of health benefits to its employees, focusing on comprehensive insurance packages, wellness programs, and preventive care. Specific healthcare-related terms and acronyms frequently associated with their offerings include PPO (Preferred Provider Organization), HSA (Health Savings Account), and EAP (Employee Assistance Program). Additionally, they offer dental, vision, and mental health services. In 2023 and 2024, Topgolf Callaway Brands emphasized wellness initiatives, including mental health support, reflecting the broader trend in corporate healthcare strategies to integrate wellness with traditional health insurance. The company also made notable adjustments to its healthcare plans, particularly focusing on affordability and accessibility, by expanding telehealth services and preventive care benefits.

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For more information you can reach the plan administrator for Topgolf Callaway Brands at , ; or by calling them at .

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