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

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Analog Devices Employees: Discover the Rising Trend of 'Work for Pleasure' in Your Retirement Journey

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Healthcare Provider Update: Healthcare Provider for Analog Devices Analog Devices partners with multiple healthcare providers to offer benefits to their employees, generally sourcing insurance from major national insurers such as UnitedHealthcare and Cigna. These providers are notable for their extensive reach and comprehensive coverage networks. Healthcare Cost Increases in 2026 In 2026, employees at Analog Devices may face significant healthcare cost increases due to the expected surge in health insurance premiums within the Affordable Care Act (ACA) marketplace, with rates anticipated to climb sharply-some insurers may ask for increases exceeding 60%. The combination of rising medical costs, the potential expiration of enhanced federal premium subsidies, and aggressive rate hikes by major insurers could lead many enrollees to experience out-of-pocket premium increases of over 75%. This challenging scenario underscores the importance for Analog Devices employees to evaluate their health coverage options early and make informed decisions as they navigate this volatile landscape. Click here to learn more

A recent Fidelity Investments poll illuminates new trends in the ever-changing retirement planning landscape.  Notably, 66% of respondents envision a phased-in approach to retirement, which deviates from the conventional full-stop strategy.  This choice shows a shift towards flexible retirement solutions across generations, as evidenced by the significant interest shown by both Gen Zers and millennials.

The wide-ranging implications of this trend point to the necessity of flexibility in retirement advice and planning when preparing to retire from Analog Devices. The departure from traditional retirement models highlights a more comprehensive reassessment of retirement goals and work-life balance, reflecting shifting perspectives toward the end of your Analog Devices career. Advisors who want to fulfill their Analog Devices clients' complex needs must have a thorough understanding of these preferences as retirement planning continues to change.


A growing number of retirees who desire social connection and intellectual stimulation in addition to financial security are adopting the idea of 'Work for Pleasure' in phased retirement, a viable option for Analog Devices employees.  According to an American Psychological Association study, continuing to work after retirement can enhance mental well-being, increase life satisfaction, and facilitate the transition to complete retirement. Retirement is now seen as a new chapter with opportunity for learning, growth, and contribution rather than as an end. This is especially true for seasoned professionals from high-ranking roles. 

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Retirement is becoming less and less like the unexpected curtain call at the end of a play and more like a well planned art display. Similar to how an exhibition progressively moves from one theme and era to another, providing visitors with an extensive array of experiences, the modern retirement trip, as defined by Fidelity Investments, takes place in stages. With this method, people can combine the elegant brushstrokes of their personal passions and hobbies with their professional creations. Today's retirees and soon-to-be retirees find joy and fulfillment in doing work that pleases them, much like an artist who paints for the love of art even after their formal career has concluded. This is creating a retirement experience that is as nuanced and fulfilling as a well-curated gallery.

What is the 401(k) plan offered by Analog Devices?

The 401(k) plan at Analog Devices is a retirement savings plan that allows employees to save a portion of their salary on a tax-deferred basis.

Does Analog Devices match employee contributions to the 401(k) plan?

Yes, Analog Devices offers a matching contribution to employee 401(k) accounts, helping to enhance retirement savings.

How can I enroll in the Analog Devices 401(k) plan?

Employees can enroll in the Analog Devices 401(k) plan through the company’s HR portal or by contacting the HR department for assistance.

What are the contribution limits for the Analog Devices 401(k) plan?

The contribution limits for the Analog Devices 401(k) plan are set according to IRS guidelines, which may change annually.

Can I change my contribution amount to the Analog Devices 401(k) plan?

Yes, employees can change their contribution amounts to the Analog Devices 401(k) plan at any time, subject to plan rules.

What investment options are available in the Analog Devices 401(k) plan?

The Analog Devices 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.

Is there a vesting schedule for the Analog Devices 401(k) matching contributions?

Yes, Analog Devices has a vesting schedule for matching contributions, which means employees must work for a certain period to fully own the matched funds.

Can I take a loan from my Analog Devices 401(k) plan?

Yes, employees may have the option to take a loan from their Analog Devices 401(k) plan, subject to specific terms and conditions.

What happens to my Analog Devices 401(k) plan if I leave the company?

If you leave Analog Devices, you have several options for your 401(k) plan, including rolling it over to another retirement account or leaving it with Analog Devices.

Does Analog Devices offer a Roth 401(k) option?

Yes, Analog Devices provides a Roth 401(k) option, allowing employees to make after-tax contributions for tax-free withdrawals in retirement.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Analog Devices has announced layoffs impacting 5% of its workforce. These layoffs have affected multiple locations including Wilmington and have led to significant dissatisfaction among employees.
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For more information you can reach the plan administrator for Analog Devices at One Analog Way Norwood, MA 2062; or by calling them at (781) 329-4700.

https://www.thelayoff.com/analog-devices https://www.thelayoff.com/t/1plD9Hv8 https://www.thelayoff.com/t/1qk8dP3G

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