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

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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 Veritiv. 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 Veritiv career. Advisors who want to fulfill their Veritiv 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 Veritiv 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 Veritiv offer to its employees?

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

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

Yes, Veritiv provides a matching contribution to the 401(k) plan, helping employees maximize their retirement savings.

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

Employees at Veritiv are eligible to participate in the 401(k) plan after completing a specified period of service, typically within their first year of employment.

How can Veritiv employees enroll in the 401(k) plan?

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

What investment options are available in Veritiv's 401(k) plan?

Veritiv's 401(k) plan offers a variety of investment options, including mutual funds and target-date funds, to suit different risk tolerances and investment goals.

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

Yes, Veritiv employees can change their contribution percentage at any time, allowing them to adjust their savings based on their financial situation.

What is the maximum contribution limit for Veritiv's 401(k) plan?

The maximum contribution limit for Veritiv's 401(k) plan is in line with IRS guidelines, which may change annually. Employees should check the current limit for the year.

Does Veritiv allow for catch-up contributions in the 401(k) plan?

Yes, Veritiv allows employees aged 50 and older to make catch-up contributions to their 401(k) plan, enabling them to save more for retirement.

What happens to the 401(k) savings if a Veritiv employee leaves the company?

If a Veritiv employee leaves the company, they have several options for their 401(k) savings, including rolling it over to an IRA or a new employer's plan, or cashing it out.

Are there any fees associated with Veritiv's 401(k) plan?

Yes, Veritiv's 401(k) plan may have administrative and investment fees, which are disclosed in the plan's summary documents.

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