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Delek US Holdings Employees Discover the Joys of Camping: A Comprehensive Guide to Embracing Nature in Retirement

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Healthcare Provider Update: Delek provides medical, dental, vision, HSAs, FSAs, and wellness rebates, plus fertility and telemedicine benefits 9. As ACA costs rise, Deleks wellness incentives and employer contributions may help employees offset higher out-of-pocket expenses Click here to learn more

Camping is a great way to unplug and find some health benefits, especially if you are a retiree from a Delek US Holdings company looking to add some meaning to your golden years,'' says Patrick Ray of The Retirement Group, a division of Wealth Enhancement Group.


The increase in camping among senior Delek US Holdings employees shows that the escape to nature is a growing trend among older individuals as a way to improve their health,'' notes Michael Corgiat from The Retirement Group, a division of Wealth Enhancement Group.

1. Increasing Population of Elderly Americans Who Enjoy Camping:  Describing the growing trend of camping among the elderly and why they are attracted to outdoor activities.

2. The Health Benefits of Outdoor Activities:  Disclosing the physical and psychological benefits to seniors engaging in camping and similar activities.


3. Camping for Seniors:  Different Types of Camping – From Basic to Luxurious Glamping for Different Levels of Comfort and Budget.

John Muir, the naturalist, in 1909 said, “Thousands of tired, nerve-shaken, over-civilized people are beginning to find out that going to the mountains is going home, that wildness is a necessity, and parks are fountains of life” this captures the spirit of outdoor exploration perfectly.
 This attitude is still present more than a century later especially among the elderly population who are happy to answer the call of the wild.

The number of elderly Americans who go camping has increased significantly, and there are many different reasons why they choose to spend time in nature.
 10% of Baby Boomer’s camping vacations in North America in 2022 according to Statista, increased this age category’s participation since 2015. It is the same whether it is the satisfaction of hearing an alligator in the Everglades or a grizzly bear in Yellowstone, these veteran travelers find comfort and excitement in nature.  The Delek US Holdings retirees are also a part of this trend, and they are finding a new kind of rejuvenation and adventure in the outdoors.

The health benefits of outdoor activities

According to Peter James, an environmental epidemiologist at Harvard, it is clear that humans heal better from the stress in natural environments and that is where humans are supposed to be.
 These environments help in the physical as well as the mental relaxation, thus meaning that people should engage in outdoor activities. This is something that can be very useful for Delek US Holdings employees who have spent many years in demanding positions and may therefore benefit from the calm and physical activities that camping offers.

Things You Need to Take Camping

The market has a large selection of products that are intended to enhance the comfort and convenience of people who are planning to go camping in an RV or a tent. Marcia Cohen of Madison, Wisconsin, who is 67, explains how she used camping as a positive way of rehabilitation after she had her knee replaced.
 What makes her camping trip fun and empowering is her basics – a portable commode, a comfy cot, and a CORE six-person quick tent. The retirees of Delek US Holdings companies can get an idea of this and make sure that they have the right equipment for camping that will make them comfortable.

The Price of Camping

Camping is another affordable vacation option. Senior citizens 65 years and older can camp in Florida state parks for as low as $8 per night, a significant discount from the usual fees. The cost of RV camping varies by location and facilities and typically starts at $30 and goes up to $45 per night.
 Boondocking, or free camping in the wild, is an option that saves money for tourists while allowing them to enjoy the outdoors. These economical options can be taken advantage of by Delek US Holdings retirees to enjoy nature without spending a lot of money.

Where to Set Up Camp

There are many camping locations in the US that are suitable for experienced campers. These locations provide a variety of experiences for all interests, including the historical ambience of Yellowstone National Park, the scenic beauty of Yosemite and the bio-diversity of the Great Smoky Mountains.
 Every park has something special to offer, from spectacular climbs in Yosemite to wildlife safaris in Yellowstone, every visit is unforgettable. These destinations can be explored by Delek US Holdings employees to find the perfect spot for their next adventure.

Alternatives to Conventional Camping


Glamping is a more sophisticated way of camping that could suit someone who wants a more luxurious experience.  This glamorous version of camping offers home comforts in beautiful surroundings. The glamping sites provide the best of the two worlds between luxury and nature with features like toilets, electricity and luxurious furnishings. Glamping can be a great option for Delek US Holdings retirees who want a comfortable camping experience with nature.

In Summary

Whether you decide to go camping in the traditional way or choose the more extravagant glamping, older people are able to get a revitalising break. It is a way of getting back to nature, exercising and benefiting from the positive effects of being outdoors for your mental health.
 If you are looking to add some adventure and peace to your retirement years, then camping is still a realistic and rewarding option, with a number of ideas to suit different levels of mobility and comfort. Camping is a way for Delek US Holdings retirees to enjoy health, happiness and incredible experiences in their retirement.

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Sources:

1. Hoffman, Robert. 'Five Reasons Why Slow Travel is Great in Retirement.' Kiplinger, March 31, 2024, www.kiplinger.com/features. In this article, the author discusses the advantages of slow travel in retirement, including its positive impact on mental health, finances, and the travel experience, making it a perfect leisure activity for retirees who want to make the most out of their trips.


'Retire Early for Adventure: Go Travel and Volunteer.' Kiplinger, www.kiplinger.com. This piece outlines the benefits of combining travel with volunteering in retirement, giving retirees a chance to have an adventure, learn something new, and help others, which makes for a fulfilling retirement.


'What Is It Like to Own an RV in Retirement?' Kiplinger, www.kiplinger.com. This article gives a full account of the RV experience for retirees, discussing the liberation it provides, the social network within RV communities, and the logistics of living in a vehicle.


'11 Reasons to Retire in an RV.' Kiplinger, www.kiplinger.com. This source lists different advantages of retiring in an RV, including the costs, the ability to change location easily, and the potential to travel and volunteer, which is convenient for retirees who want an active retirement.

'Retirees Are Into Camping Now — Here’s How You Can Be, Too.' Kiplinger, www.kiplinger.com. It focuses on the curative and empowering aspects of camping for retirees, explaining how interaction with nature can improve the physical and mental health.

What type of retirement plan does Delek US Holdings offer to its employees?

Delek US Holdings offers a 401(k) retirement savings plan to its employees.

How can employees of Delek US Holdings enroll in the 401(k) plan?

Employees of Delek US Holdings can enroll in the 401(k) plan through the company’s HR portal or by contacting the HR department for assistance.

Does Delek US Holdings match employee contributions to the 401(k) plan?

Yes, Delek US Holdings provides a matching contribution to employee contributions made to the 401(k) plan, subject to certain limits.

What is the maximum contribution limit for the 401(k) plan at Delek US Holdings?

The maximum contribution limit for the 401(k) plan at Delek US Holdings follows the IRS guidelines, which can change annually. Employees should check the current limits each year.

Can employees of Delek US Holdings take loans against their 401(k) savings?

Yes, Delek US Holdings allows employees to take loans against their 401(k) savings, subject to the plan’s terms and conditions.

What investment options are available in the Delek US Holdings 401(k) plan?

The 401(k) plan at Delek US Holdings offers a variety of investment options, including mutual funds, stocks, and bonds, allowing employees to diversify their portfolios.

How often can employees change their contribution amounts to the Delek US Holdings 401(k) plan?

Employees of Delek US Holdings can change their contribution amounts to the 401(k) plan on a quarterly basis, or as specified in the plan documents.

Is there a vesting schedule for the employer match in the Delek US Holdings 401(k) plan?

Yes, Delek US Holdings has a vesting schedule for the employer match, which determines how much of the matched contributions employees are entitled to based on their length of service.

What happens to the 401(k) plan if an employee leaves Delek US Holdings?

If an employee leaves Delek US Holdings, they have several options for their 401(k) savings, including rolling it over to another retirement account or cashing it out, subject to taxes and penalties.

Can employees of Delek US Holdings access their 401(k) funds while still employed?

Employees of Delek US Holdings may be able to access their 401(k) funds through hardship withdrawals, depending on the circumstances and the plan’s rules.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Delek US Holdings offers a 401(k) plan for its employees with several features aimed at enhancing retirement savings. Employees are eligible for the company 401(k) plan, which allows them to make pre-tax contributions from their salary. The contribution limits follow the IRS guidelines, which increased to $22,500 for 2023 and $23,000 for 2024. Delek provides a matching contribution up to a specific percentage, although details on the precise matching percentage for 2022-2024 were not readily available. Their 401(k) plan is known to include options for traditional and Roth 401(k) contributions, giving employees flexibility in how they save for retirement. Employees are typically eligible for this plan from the start of employment​ (SEC.gov)​ (SEC.gov). For pensions, Delek US Holdings does not offer a traditional defined benefit pension plan to all employees but focuses on their defined contribution 401(k) plan instead. This structure is more common in modern corporate retirement offerings, especially in the refining and logistics sectors. Their focus is on matching contributions and enhancing the overall retirement package through the 401(k) system​
Delek US Holdings Restructuring and Layoffs: In early 2024, Delek US Holdings announced a significant restructuring initiative aimed at streamlining its operations. This move includes a reduction in workforce by approximately 10% across its various divisions. The company stated that these layoffs are part of a broader effort to enhance operational efficiency and align with its strategic goals in a challenging economic environment. Importance: Given the current economic uncertainties, such as fluctuating oil prices and geopolitical tensions, it is crucial for employees and stakeholders to stay informed about these changes. The restructuring could impact job security, benefits, and future company performance, making it essential to monitor how these developments unfold.
Delek US Holdings offers a range of stock options and Restricted Stock Units (RSUs) through its long-term incentive plans, primarily focused on motivating key employees and aligning their interests with shareholders. These awards are part of the company’s broader equity incentive plan, which was initially approved in 2017 and updated in 2018. The RSUs and stock options are granted under the Delek US Holdings Equity Incentive Plan and are designed to promote long-term commitment and performance. In 2022, 2023, and 2024, eligible employees received these awards based on their role and performance, with awards vesting over a period of four years. The stock options are tied to the company’s Class A common stock, while performance share units (PSUs) and performance units (PUs) are aligned with total shareholder return (TSR) relative to industry peers.
Health Benefits Overview: Delek US Holdings’ official website provides a broad overview of their benefits package. Key elements often include medical, dental, and vision insurance, health savings accounts (HSAs), flexible spending accounts (FSAs), and wellness programs. Recent Updates: The website may have recent updates about changes in healthcare plans or enhancements in coverage for 2023 or 2024.
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For more information you can reach the plan administrator for Delek US Holdings at 7102 Commerce Way Brentwood, TN 37027; or by calling them at (615) 771-6701.

https://www.thelayoff.com/ https://finance.yahoo.com/ https://www.reuters.com/ http://ww1.jnjbenefits.com/lander https://delekus.com/

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