Healthcare Provider Update: Healthcare Provider for Crestwood Equity Partners: Crestwood Equity Partners primarily utilizes industry-standard options for employee health insurance, typically engaging with larger national providers that participate in the Affordable Care Act (ACA) marketplace. The specific healthcare provider might vary based on the plan options selected during annual open enrollment. Employees are encouraged to check with Crestwood's HR department for the precise provider details relevant to their benefits package. Potential Healthcare Cost Increases in 2026: As 2026 approaches, Crestwood Equity Partners employees face the prospect of significant healthcare cost increases. Premiums for ACA marketplace insurance are anticipated to rise sharply, with some states experiencing hikes exceeding 60%. This surge is largely driven by the potential expiration of enhanced federal subsidies, coupled with escalating medical costs and rate adjustments from major insurers. Consequently, a large portion of employees may see out-of-pocket expenses rise dramatically, significantly impacting their financial planning and access to necessary healthcare 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 Crestwood Equity Partners. 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 Crestwood Equity Partners career. Advisors who want to fulfill their Crestwood Equity Partners 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 Crestwood Equity Partners 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 types of retirement savings plans does Crestwood Equity Partners offer its employees?
Crestwood Equity Partners offers a 401(k) retirement savings plan to help employees save for their future.
Does Crestwood Equity Partners match employee contributions to the 401(k) plan?
Yes, Crestwood Equity Partners provides a matching contribution to employee 401(k) accounts, subject to the plan's terms.
What is the eligibility requirement for employees to participate in Crestwood Equity Partners' 401(k) plan?
Employees of Crestwood Equity Partners are eligible to participate in the 401(k) plan after completing a specified period of service, typically outlined in the plan documents.
Can employees of Crestwood Equity Partners make pre-tax contributions to their 401(k) accounts?
Yes, employees can make pre-tax contributions to their 401(k) accounts at Crestwood Equity Partners, which can help reduce their taxable income.
Does Crestwood Equity Partners offer a Roth 401(k) option?
Yes, Crestwood Equity Partners offers a Roth 401(k) option, allowing employees to make after-tax contributions to their retirement savings.
How often can employees change their contribution rates to the 401(k) plan at Crestwood Equity Partners?
Employees at Crestwood Equity Partners can typically change their contribution rates on a quarterly basis, but specific details can be found in the plan documents.
What investment options are available in the Crestwood Equity Partners 401(k) plan?
The 401(k) plan at Crestwood Equity Partners offers a range of investment options, including mutual funds and other investment vehicles, allowing employees to tailor their portfolios.
How can employees at Crestwood Equity Partners access their 401(k) account information?
Employees can access their 401(k) account information through the plan's online portal or by contacting the plan administrator.
What happens to the 401(k) funds if an employee leaves Crestwood Equity Partners?
If an employee leaves Crestwood Equity Partners, they can choose to roll over their 401(k) funds to another retirement account, withdraw the funds, or leave them in the Crestwood Equity Partners plan if allowed.
Is there a loan option available for employees in the Crestwood Equity Partners 401(k) plan?
Yes, Crestwood Equity Partners may allow employees to take loans from their 401(k) accounts, subject to the plan's specific rules and limits.