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

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

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Healthcare Provider Update: Healthcare Provider for Assurant Assurant is a global provider of risk management solutions, which includes health insurance products. The company's health offerings primarily encompass supplemental health insurance, short-term medical plans, and other healthcare-related services that cater to individuals and businesses. Potential Healthcare Cost Increases in 2026 In 2026, health insurance premiums for Affordable Care Act (ACA) marketplace plans are anticipated to rise significantly, driven by a combination of economic factors and policy changes. With projected premium hikes exceeding 60% in some states, the expiration of enhanced federal subsidies could leave many individuals facing out-of-pocket premium increases of over 75%. This surge may force millions of consumers to reconsider their coverage options as rising healthcare costs, compounded by inflation and insurer rate hikes, threaten the affordability of essential health services. 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 Assurant. 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 Assurant career. Advisors who want to fulfill their Assurant 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 Assurant 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 Assurant 401(k) Savings Plan?

The Assurant 401(k) Savings Plan is a retirement savings plan that allows employees to save for their future by contributing a portion of their salary on a pre-tax or after-tax basis.

How can I enroll in the Assurant 401(k) Savings Plan?

Employees can enroll in the Assurant 401(k) Savings Plan by completing the online enrollment process through the Assurant benefits portal or by contacting the HR department for assistance.

Does Assurant offer a company match for the 401(k) Savings Plan?

Yes, Assurant offers a company match for the 401(k) Savings Plan, which helps employees maximize their retirement savings.

What is the maximum contribution limit for the Assurant 401(k) Savings Plan?

The maximum contribution limit for the Assurant 401(k) Savings Plan is determined by the IRS and may change annually. Employees should check the latest IRS guidelines for the current limit.

Can I change my contribution amount to the Assurant 401(k) Savings Plan?

Yes, employees can change their contribution amount to the Assurant 401(k) Savings Plan at any time through the benefits portal.

What investment options are available in the Assurant 401(k) Savings Plan?

The Assurant 401(k) Savings Plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to help employees diversify their portfolios.

When can I start withdrawing funds from my Assurant 401(k) Savings Plan?

Employees can typically start withdrawing funds from their Assurant 401(k) Savings Plan without penalty at age 59½, but specific rules may apply, so it's best to consult the plan documents.

What happens to my Assurant 401(k) Savings Plan if I leave the company?

If you leave Assurant, you have several options for your 401(k) Savings Plan, including rolling it over to another retirement account, cashing it out, or leaving it with Assurant until you reach retirement age.

Is there a loan option available in the Assurant 401(k) Savings Plan?

Yes, the Assurant 401(k) Savings Plan may allow employees to take loans against their vested balance, subject to certain terms and conditions.

How often can I change my investment allocations in the Assurant 401(k) Savings Plan?

Employees can change their investment allocations in the Assurant 401(k) Savings Plan as often as they like, but it's advisable to review your choices periodically.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Assurant announced a significant restructuring plan, including layoffs impacting around 10% of their workforce. The restructuring aims to streamline operations and reduce costs amidst a challenging economic environment.
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For more information you can reach the plan administrator for Assurant at 28 Liberty St New York, NY 10005; or by calling them at +1 212-859-7000.

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