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Navigating Retirement Changes: Essential Financial Insights for TreeHouse Foods Employees Aged 65 and Above

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Healthcare Provider Update: Healthcare Provider for TreeHouse Foods: TreeHouse Foods does not have a singular healthcare provider, as its employees typically access healthcare through various plans available to them, often leveraging the Affordable Care Act (ACA) marketplace or employer-sponsored plans. The specific healthcare providers can vary based on employee choices and market availability during enrollment periods. Healthcare Cost Increases in 2026: As TreeHouse Foods navigates an evolving healthcare landscape, employees may face significant healthcare cost increases in 2026. Record hikes in health insurance premiums are anticipated, driven by a convergence of factors such as rising medical costs and the potential expiration of enhanced ACA subsidies. Without these subsidies, many individuals could experience out-of-pocket premium hikes exceeding 75%. With the increasing financial burden likely to impact the quality of care, proactive planning and strategic decisions in 2025 will be essential for managing these impending costs effectively. Click here to learn more

Achieving a financially robust retirement at TreeHouse Foods is increasingly challenging in a landscape marked by evolving retirement norms and economic unpredictability. Eric Henderson, the president of Nationwide Annuity, underscores these contemporary challenges. He contrasts the current situation—characterized by inflation and economic instability—with the secure retirements enjoyed by past generations, which were bolstered by stable pension plans. Henderson's insights, derived from Nationwide's studies, highlight the significant shift in retirement strategies and mindsets necessitated by these changes.


The Erosion of Traditional Safety Nets

Recent findings indicate a growing skepticism towards traditional retirement safety nets such as Social Security. Nationwide's research reveals that 27% of respondents anticipate receiving lower payments than initially expected, and 43% now rely less on Social Security. Moreover, 38% express concerns regarding the long-term viability of Social Security, prompting many TreeHouse Foods employees nearing retirement to reevaluate their strategies.

The Role of Work in Retirement at TreeHouse Foods

Financial insecurities have altered retirement planning; 41% of pre-retirees at TreeHouse Foods plan to extend their working years to supplement their retirement income. Additionally, 27% acknowledge the necessity of adopting a frugal lifestyle to achieve their retirement goals.


Adapting Financial Advisory Strategies

To navigate these uncertainties, financial advisors are revising their strategies designed to help their clients weather market fluctuations .  A significant 61% of advisors now recommend or use annuities to mitigate risks, a notable increase from just months prior. Annuities, asset diversification, and non-correlated investments are prominent tools, utilized by 79% and 77% of advisors respectively, to safeguard retirement savings.

Despite these protective measures, fewer than half of TreeHouse Foods pre-retiree investors are discussing crucial topics with their advisors, such as asset accumulation, tax planning, or the conversion of investments into retirement income. Alarmingly, only a small number are exploring optimal timings for Social Security benefits or planning for healthcare expenses—key elements for a secure retirement.

Insights from The Harris Poll and Nuveen

A comprehensive survey conducted by The Harris Poll on behalf of Nationwide, which included 2,346 investors and 518 advisors, sheds new light on the current state of retirement planning. The findings stress the urgent need for personalized retirement strategies among pre-retirees, especially those between the ages of 55 and 65, to successfully navigate today's challenging financial landscape.

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Furthermore, Nuveen's research underlines the importance of tailored benefits in maintaining workforce stability. According to their study, 70% of full-time American workers would consider changing jobs for better benefits, with older employees particularly valuing comprehensive retirement plans. This highlights the need for benefit customization to meet the diverse needs of TreeHouse Foods workforce.

Effective Design and Communication of Retirement Plans

Brendan McCarthy from Nuveen emphasizes the significance of well-crafted retirement plans and effective communication, especially for TreeHouse Foods employees, to ensure preparedness for retirement. The underutilization of benefits often stems from inadequate communication, which disproportionately affects minority groups. Nuveen advocates for inclusive communication strategies, including in-person meetings, workshops, and digital outreach, to ensure all employees are informed and can fully utilize their benefits.

Regulatory Updates and Their Implications

For TreeHouse Foods employees organizing their estate and retirement funds, recent IRS updates provide temporary relief regarding required minimum distributions (RMDs) for inherited IRAs. The Setting Every Community Up for Retirement Enhancement Act of 2019 initially required non-spouse beneficiaries to distribute their IRAs within ten years of inheritance. This rule has been temporarily modified, offering a grace period extending through 2024, after which permanent regulations are expected.

In Conclusion

The dynamic realm of retirement planning requires a deep understanding of financial instruments, regulatory changes, and personalized advisory services. Financial advisors play a pivotal role in devising strategies that ensure a secure and stable retirement for TreeHouse Foods employees, helping them manage complexities and lay a solid foundation for long-term financial health.

What type of retirement savings plan does TreeHouse Foods offer to its employees?

TreeHouse Foods offers a 401(k) retirement savings plan to help employees save for their future.

Does TreeHouse Foods match employee contributions to the 401(k) plan?

Yes, TreeHouse Foods provides a matching contribution to employee 401(k) contributions, subject to certain limits.

How can employees enroll in the 401(k) plan at TreeHouse Foods?

Employees can enroll in the TreeHouse Foods 401(k) plan through the company’s benefits portal during the open enrollment period or when they become eligible.

What is the eligibility requirement for TreeHouse Foods employees to participate in the 401(k) plan?

Employees of TreeHouse Foods are generally eligible to participate in the 401(k) plan after completing a specified period of service, typically 30 days.

Can TreeHouse Foods employees change their contribution percentage to the 401(k) plan?

Yes, employees at TreeHouse Foods can change their contribution percentage at any time through the benefits portal.

What investment options are available in the TreeHouse Foods 401(k) plan?

The TreeHouse Foods 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 matching contributions at TreeHouse Foods?

Yes, TreeHouse Foods has a vesting schedule for matching contributions, which means employees must work for a certain period to fully own those contributions.

How often can TreeHouse Foods employees access their 401(k) account statements?

Employees can access their TreeHouse Foods 401(k) account statements online at any time, with quarterly statements also provided.

Are there any fees associated with the TreeHouse Foods 401(k) plan?

Yes, there may be administrative fees associated with the TreeHouse Foods 401(k) plan, which are disclosed in the plan documents.

Can TreeHouse Foods employees take loans against their 401(k) savings?

Yes, TreeHouse Foods allows employees to take loans against their 401(k) savings, subject to certain conditions and limits.

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For more information you can reach the plan administrator for TreeHouse Foods at , ; or by calling them at .

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