What CACI International Employees Need to Consider Before Making the Leap to Retire Abroad

Healthcare Provider Update: Healthcare Provider for CACI International: CACI International provides its employees access to a range of health insurance options, typically through partnerships with major national insurers such as UnitedHealthcare and Anthem Blue Cross Blue Shield. These providers are known for offering comprehensive health plans, including coverage for medical expenses, prescription drugs, and preventive care to meet the diverse needs of CACI's workforce. Potential Healthcare Cost Increases in 2026: In 2026, CACI International employees may face significant increases in healthcare costs due to projected premium hikes in the Affordable Care Act marketplace, with some states expecting rises as high as 66%. As companies like CACI navigate these pressures, there is an anticipated shift in benefit designs, potentially leading to higher deductibles and out-of-pocket maximums for employees. With many insurers reporting substantial profits alongside rising medical costs, employees are advised to familiarize themselves with their benefits early and strategize their healthcare choices to mitigate potential financial impacts. The combination of these market shifts may result in increased out-of-pocket expenses for employees, making awareness and planning critical for management of health care costs in the coming year. Click here to learn more

For example, CACI International employees planning on moving overseas need to have a clear plan of action to overcome the challenges of acquiring residency and citizenship in another country,' according to Brent Wolf from The Retirement Group at Wealth Enhancement Group.

Kevin Landis of The Retirement Group, a division of Wealth Enhancement Group, explains why detailed planning is crucial for CACI International employees who intend to retire abroad. However,

In this article we will discuss:

1. The complexity of obtaining residency or citizenship abroad: Discussing the legal, financial, and cultural issues that are involved in moving overseas for CACI International employees.

2. The necessity of professional advice and planning: Emphasizing the importance of thorough preparation and professional advice to ensure a smooth transition to retiring abroad.

3. Tax advantages and financial planning for retirees: Explaining the possible tax advantages that are available through international treaties and the strategic financial planning that needs to be done for the retirement savings of CACI International employees.

Simply for political, economic, and social reasons, many CACI International employees are looking to secure citizenship or residency in other countries if the United States is not as attractive as it once was. But, getting residency in another country and, perhaps, citizenship is not as simple as just buying a plane ticket and setting an itinerary.

This is because there are many processes that may take a few years to accomplish at times. The more people who are considering these options, the more difficult these choices become. It is therefore crucial to identify the legal, financial, and cultural implications that arise in order to ensure a smooth transition to a new home overseas before embarking on this journey.

Without a proper plan and some professional advice, it can be quite a challenge to switch gears and retire during your tenure at CACI International.

The impact of potential tax advantages when retiring abroad will definitely affect your financial position. Many countries, including the United States, have tax treaties that prevent income from being taxed twice. For instance, pensioners are attracted to Portugal by the Non-Habitual Resident (NHR) regime that offers special tax concessions for up to 10 years.

You can enhance your retirement benefits by taking advantage of these perks and seeking the advice of a tax specialist. The IRS notes that because these treaties can be very different it is important to research and seek the advice of a professional (IRS, 2023). These advantages must be used by CACI International employees to enhance their retirement.

Expatriating and retiring is a process of planning a long and beautiful road trip. Just as you would not travel without a map, a well-maintained car, and knowledge of your location, CACI International employees who are retiring abroad need to plan carefully.

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Step by step, you will be guided on how to make your transition to your new home easier, from explaining cultural differences and tax benefits to helping you understand the legal and financial environment. Just as a road trip opens new views and experiences, retirement abroad presents a world of possibilities for a happy and comfortable retirement.

Sources:

1. The Warren Street Wealth Advisors Team. 'CACI International and Large Company Employees.' Warren Street Wealth Advisors, 3 Feb. 2025, Accessed from warrenstreetwealth.com.

2. 'US Taxes for Americans Retiring Abroad in 2025.' MyExpatTaxes, 20 Nov. 2024, Accessed 3 Feb. 2025 from myexpattaxes.com.

3. Toms, Mary, CPA, MBA, MS. 'US Tax Implications of Retiring Abroad: What You Need to Know.' PBMares, 10 Dec. 2024, Accessed 3 Feb. 2025 from pbmares.com.

4. 'Financial Planning for US Expatriates.' The Expat Financial, Accessed 3 Feb. 2025 from expatfinancial.com.

5. 'Retiring Overseas: What You Need to Know About Your US Taxes and Financial Planning.' Expat CPA, Accessed 3 Feb. 2025 from expatcpa.com.

   What type of retirement savings plan does CACI International offer to its employees?

   CACI International offers a 401(k) Savings Plan to help employees save for retirement.

   How can I enroll in the CACI International 401(k) Savings Plan?

   Employees can enroll in the CACI International 401(k) Savings Plan through the company’s HR portal or by contacting the HR department for assistance.

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

   Yes, CACI International provides a matching contribution to the 401(k) plan, which helps employees increase their retirement savings.

   What is the maximum contribution limit for the CACI International 401(k) Savings Plan?

   The maximum contribution limit for the CACI International 401(k) Savings Plan is determined by the IRS guidelines, which are updated annually.

   Can I change my contribution rate to the CACI International 401(k) Savings Plan at any time?

   Yes, employees can change their contribution rate to the CACI International 401(k) Savings Plan at any time, subject to certain restrictions.

   What investment options are available in the CACI International 401(k) Savings Plan?

   The CACI International 401(k) Savings Plan offers a variety of investment options, including mutual funds, stocks, and bonds.

   When can I access my funds from the CACI International 401(k) Savings Plan?

   Employees can access their funds from the CACI International 401(k) Savings Plan upon reaching retirement age, or in cases of hardship, as defined by the plan.

   Does CACI International allow for loans against my 401(k) savings?

   Yes, CACI International allows employees to take loans against their 401(k) savings, subject to specific terms and conditions outlined in the plan.

   What happens to my CACI International 401(k) Savings Plan if I leave the company?

   If you leave CACI International, you can either roll over your 401(k) savings into another retirement account, cash out, or leave the funds in the plan, depending on the balance.

   Is there a vesting schedule for the CACI International 401(k) Savings Plan?

   Yes, CACI International has a vesting schedule for employer contributions, which determines how much of the employer match you can keep if you leave the company.

   With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
   CACI International has announced a restructuring plan involving significant layoffs and a shift in its benefits structure. The company is consolidating certain operations and focusing on high-growth areas. This move is part of a broader strategy to enhance operational efficiency and adapt to changing market conditions.