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Discovering Your Dream Retirement: Top 4 International Destinations for Kelly Services Employees

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Healthcare Provider Update: Kelly Services offers ACA-compliant health coverage to eligible employees, along with optional plans for dental, vision, life, disability, and critical illness. Benefits include telemedicine, wellness support, legal counseling, and student loan assistance. Employees also have access to retirement plans and corporate discounts. Coverage is customizable for employees, spouses, and dependents 5. Kelly Services With ACA insurers requesting premium hikes of up to 66% in some states, Kellys flexible benefit options and ACA-compliant plans help employees maintain affordable coverage and avoid costly marketplace alternatives. Click here to learn more

Kelly Services employees planning to retire abroad should also take the time to find out how happy people are and how well they are treated in the healthcare systems of the countries they plan to retire in,' recommends Tyson Mavar, a representative of The Retirement Group, a division of Wealth Enhancement Group.


Wesley Boudreaux from The Retirement Group, a division of Wealth Enhancement Group, recommends that Kelly Services retirees should look for better opportunities for health and happiness abroad than traditional retirement destinations, especially in Portugal and Spain, which have favorable taxes and climates.

In this article we will discuss:

1. Increase in the Number of U.S. Retirees Leaving the Country: Emphasizing the rising trend of American retirees leaving the country and concentrating on Europe.

2. The Best Countries to Live in Terms of Quality of Life: Why Spain, Portugal, and other countries are chosen for their climate, healthcare, and cost of living.

3. Financial Implications for Retirees: Explains the costs and benefits of retiring abroad in terms of taxes and other factors.

The trend of American retirees exploring the option of international retirement destinations is on the rise. The Social Security Administration reports that the number of U.S.
 retirees collecting benefits from abroad has jumped from 413,000 to 760,000 in the last three years, many of whom have chosen Europe as their destination.

The Kelly Services retirees may find better healthcare, standard of living and safety in various parts of the world as identified by the recent study by Global Citizen Solutions.
 Among the best places for retirement, Spain and Portugal are the most popular.


The capital of Spain is the city that was ranked highest in the quality of life with a score of 100 based on factors such as wind speed, temperature, and health care.  Researcher Laura Madrid of Global Citizen Solutions argues that the public health sector in Spain and affordable private insurance services are key in enhancing the quality of life of its citizens. Moreover, Kelly Services retirees who do not want to use their private vehicles as a means of transport during retirement find the Spanish transport system to be very efficient and relatively cheap.

The neighboring country, Portugal comes close behind with a nearly perfect score of 99.79. The climate and low costs of healthcare have attracted an increasing number of American retirees to the region. Both Spain and Portugal are generally cheaper than many European countries and the United States and have good tax exemptions for new exotic residents for the initial years of their stay.


Costa Rica is the third place, Uruguay and Mexico are the second and the first, respectively. That is why Mexico is better than Portugal in terms of the quality of life. In the economic category, Malaysia is the best as there is no tax on income earned outside the country.
 It should be noted that all the citizens of the United States living abroad must meet the tax reporting requirements to the United States.

The average New Zealand is hard to beat when it comes to retirement, especially with regard to social adaptation and the attitude towards immigrants.
 The main criteria that influence the choice of retirees when moving overseas are tax benefits, good healthcare, and affordable housing. This study establishes a pattern of older Americans who are looking for better financial situations, tax exemptions, and cultural experiences through retirement abroad.

For Kelly Services retirees who are planning to retire abroad, Portugal is a country that deserves attention since this nation offers not only a high standard of living but also some tax benefits. As for International Living, Portugal is one of the best countries for expat retirees due to its beautiful scenery, friendly people, and excellent but affordable healthcare (International Living, 2024).


Retiring from Kelly Services abroad can be a bit like finding a secret paradise after a long journey: walking into a country with sun, healthcare, low taxes, and so many new experiences. Just as travelers look for comfortable and interesting places to visit, seniors choose countries like Spain and Portugal for their decent public healthcare, affordable living, and special tax benefits.
 It is a chance to enjoy life’s good things in an environment which is designed for peace, relaxation, and community.

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Disclosure:

This information is not intended as recommendation. The opinions are subject to change at any time and no forecasts can be guaranteed.  Investment decisions should always be made based on investor's specific circumstances. Investing involves risk, including possible loss of principal.

Sources:

1. Social Security Administration.
SSA Payments Outside US | International Programs,' Social Security Administration, 2025, https://www.ssa.gov/international/payments_outsideUS.html

2. Rader, Jameson.
Social Security Abroad for U.S.
 Expats and Retirees [Guide].'' Savvy Nomad, 2024, https://blog.savvynomad.io/social-security-abroad-for-us-expats-and-retirees-guide

3. 'How to Retire Abroad as a US Citizen: The Complete Guide.' ExpatDen, 2024, https://www.expatden.com/us/how-to-retire-abroad-as-a-us-citizen-the-complete-guide.

4. Behrens, Frederic.
American Expat Social Security and Retiring Abroad.' Cerity Partners, 2024, https://www.ceritypartners.com/american-expat-social-security-and-retiring-abroad

5. 'Expat Retiring Abroad? Rules on Taxes, Social Security, and Benefits.' PlanWell Financial Planners, 2024, https://www.planwellfp.com/expat-retiring-abroad-rules-on-taxes-social-security-and-benefits.

What type of retirement plan does Kelly Services offer to its employees?

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

How can I enroll in the Kelly Services 401(k) plan?

Employees can enroll in the Kelly Services 401(k) plan by visiting the company’s benefits portal or contacting the HR department for assistance.

Does Kelly Services match contributions to the 401(k) plan?

Yes, Kelly Services provides a matching contribution to the 401(k) plan, which helps employees maximize their retirement savings.

What is the eligibility requirement to participate in the Kelly Services 401(k) plan?

Employees of Kelly Services are typically eligible to participate in the 401(k) plan after completing a specified period of service, as outlined in the plan documents.

What investment options are available in the Kelly Services 401(k) plan?

The Kelly Services 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to suit different risk tolerances.

Can I take a loan against my 401(k) plan with Kelly Services?

Yes, Kelly Services allows employees to take loans against their 401(k) balances, subject to the plan’s terms and conditions.

What is the vesting schedule for the Kelly Services 401(k) matching contributions?

The vesting schedule for Kelly Services 401(k) matching contributions varies, so employees should refer to the plan documents for specific details.

How often can I change my contribution amount to the Kelly Services 401(k) plan?

Employees can change their contribution amount to the Kelly Services 401(k) plan at any time, typically through the benefits portal.

What happens to my 401(k) plan if I leave Kelly Services?

If you leave Kelly Services, you can choose to roll over your 401(k) balance to another retirement account, withdraw the funds, or leave the balance in the Kelly Services plan if allowed.

Does Kelly Services offer financial education resources for 401(k) participants?

Yes, Kelly Services provides financial education resources and tools to help employees make informed decisions about their 401(k) savings.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Pension Plan Information: Plan Name: Identify the specific pension plan name. Years of Service and Age Qualification: Determine the required years of service and age qualifications. Pension Formula: Review how the pension amount is calculated. Plan Name: Provide the name of the pension plan. 401(k) Plan Information: Plan Name: Identify the 401(k) plan name. Qualification: Determine who qualifies for the 401(k) plan. Plan Name: Provide the name of the 401(k) plan.
Restructuring and Layoffs: In early 2023, Kelly Services announced a significant restructuring plan aimed at reducing operational costs. This involved a reduction in workforce and streamlining of business units. The company cited the need to adapt to evolving market conditions and shifting client needs as key reasons behind the layoffs. The impact was felt across various departments, reflecting broader trends in the staffing industry. Benefit Changes: In 2024, Kelly Services revised its employee benefits package to better align with industry standards and cost management strategies. Changes included modifications to health insurance plans and retirement contributions. The company emphasized the need to remain competitive while managing operational expenses. Pension and 401k Changes: Kelly Services made adjustments to its 401k plan in mid-2023, including changes to company matching contributions and investment options. These modifications were part of a broader effort to optimize financial sustainability and employee engagement with their retirement plans. The company also reviewed its pension plans, making tweaks to ensure long-term viability while addressing regulatory and market changes.
Kelly Services offers stock options and RSUs to eligible employees as part of their compensation package. The stock options typically grant employees the right to purchase company stock at a predetermined price. RSUs are company shares given to employees with specific vesting schedules.
Kelly Services Careers: Kelly Services offers a range of health benefits for their employees. This typically includes medical, dental, and vision insurance plans, with options for both individual and family coverage. Health and Wellness Programs: The company provides access to wellness programs and resources, including telemedicine services and mental health support.
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For more information you can reach the plan administrator for Kelly Services at , ; or by calling them at .

https://www.thelayoff.com/ https://www.milliman.com/en/insight/2023-lump-sums-defined-benefit-plans-much-lower-as-interest-rates-rise https://pinnacle-plan.com/retirement-plan-third-party-administrator-san-antonio/ https://www.futureplan.com/resources/news-articles/defined-benefit-cash-balance-plan-key-priorities/ https://www.dol.gov/agencies/ebsa/about-ebsa/our-activities/resource-center/fact-sheets/cash-balance-pension-plans

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