What US Foods Holding Employees Need to Consider Before Making the Leap to Retire Abroad

Healthcare Provider Update: Healthcare Provider for US Foods Holding US Foods Holding Corporation partners with Aetna for its employee healthcare coverage. Aetna provides a range of health plans that include medical, dental, and pharmacy benefits tailored to the needs of US Foods employees. Potential Healthcare Cost Increases in 2026 The healthcare landscape for US Foods Holding employees is set to experience significant changes in 2026, particularly with rising out-of-pocket costs. As the Affordable Care Act (ACA) premiums are projected to see steep increases-some states facing hikes over 60%-companies like US Foods may pass a larger share of healthcare expenses onto their workers. With an increased likelihood of higher deductibles and copayments, employees should actively review benefit options and consider proactive strategies to manage their healthcare expenses. Additionally, with employers like US Foods responding to escalating medical costs, employees may need to adapt quickly to ensure continued access to affordable care. Click here to learn more

For example, US Foods Holding 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 US Foods Holding 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 US Foods Holding 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 US Foods Holding employees.

Simply for political, economic, and social reasons, many US Foods Holding 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 US Foods Holding.

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 US Foods Holding 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, US Foods Holding 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. 'US Foods Holding 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 US Foods Holding offer to its employees?

   US Foods Holding offers a 401(k) savings plan to help employees save for retirement.

   Is participation in the 401(k) plan at US Foods Holding mandatory for employees?

   No, participation in the 401(k) plan at US Foods Holding is voluntary, allowing employees to choose whether to enroll.

   What is the employer match policy for the 401(k) plan at US Foods Holding?

   US Foods Holding provides a matching contribution to the 401(k) plan, which enhances employees' retirement savings.

   How can employees at US Foods Holding enroll in the 401(k) savings plan?

   Employees at US Foods Holding can enroll in the 401(k) savings plan through the company’s benefits portal or by contacting the HR department.

   What types of investment options are available in the US Foods Holding 401(k) plan?

   The 401(k) plan at US Foods Holding offers a variety of investment options, including mutual funds, stocks, and bonds.

   At what age can employees at US Foods Holding start withdrawing from their 401(k) plan without penalties?

   Employees at US Foods Holding can start withdrawing from their 401(k) plan without penalties at age 59½.

   Does US Foods Holding allow employees to take loans against their 401(k) savings?

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

   How often can employees at US Foods Holding change their contribution percentage to the 401(k) plan?

   Employees at US Foods Holding can change their contribution percentage to the 401(k) plan at any time, typically on a monthly basis.

   What is the vesting schedule for the employer match in the US Foods Holding 401(k) plan?

   The vesting schedule for the employer match in the US Foods Holding 401(k) plan typically follows a graded vesting schedule, which means employees earn ownership of the match over time.

   Can employees at US Foods Holding roll over their 401(k) savings if they leave the company?

   Yes, employees at US Foods Holding can roll over their 401(k) savings into another retirement account if they 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.
   US Foods Holding offers RSUs and stock options as part of their compensation packages.