Healthcare Provider Update: Provides health insurance and retirement benefits, with additional support for retirees facing rising medical costs2. As ACA subsidies phase out, Playtika retirees relying on marketplace plans may face steep out-of-pocket increases, making employer-sponsored retiree coverage increasingly valuable. 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 Playtika Holding. 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 Playtika Holding career. Advisors who want to fulfill their Playtika Holding 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 Playtika Holding 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 type of retirement savings plan does Playtika Holding offer to its employees?
Playtika Holding offers a 401(k) retirement savings plan to its employees.
Does Playtika Holding provide any employer matching contributions to the 401(k) plan?
Yes, Playtika Holding offers an employer matching contribution to help employees maximize their retirement savings.
What is the eligibility requirement for employees to participate in Playtika Holding's 401(k) plan?
Employees at Playtika Holding are eligible to participate in the 401(k) plan after completing a specified period of employment, typically within the first year.
Can employees of Playtika Holding choose how to invest their 401(k) contributions?
Yes, employees of Playtika Holding can choose from a variety of investment options within the 401(k) plan.
Is there a vesting schedule for employer contributions in Playtika Holding's 401(k) plan?
Yes, Playtika Holding has a vesting schedule that determines how long employees must work to fully own employer contributions.
How can employees at Playtika Holding access their 401(k) account information?
Employees can access their 401(k) account information through the designated online portal provided by Playtika Holding's plan administrator.
What is the maximum contribution limit for employees participating in Playtika Holding's 401(k) plan?
The maximum contribution limit for employees in Playtika Holding's 401(k) plan is determined by IRS guidelines, which may change annually.
Does Playtika Holding allow for loans against the 401(k) balance?
Yes, Playtika Holding allows employees to take loans against their 401(k) balance under certain conditions.
Are there any penalties for early withdrawal from the 401(k) plan at Playtika Holding?
Yes, early withdrawals from Playtika Holding's 401(k) plan may incur penalties as per IRS regulations.
What happens to an employee's 401(k) balance if they leave Playtika Holding?
If an employee leaves Playtika Holding, they can roll over their 401(k) balance to another retirement account or leave it in the Playtika Holding plan, subject to the plan's rules.