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Exploring Retirement Destinations: Where Should Graphic Packaging Holding Employees Consider Living Abroad?

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Healthcare Provider Update: Healthcare Provider for Graphic Packaging Holding Graphic Packaging Holding offers a 401(k) retirement plan, and while specific health insurance providers for the company are not explicitly detailed in public sources, employees often have access to various plans compliant with the Affordable Care Act (ACA). Employees should consult with their HR department or benefits administrator for precise details regarding their healthcare provider options. Healthcare Cost Increases in 2026 As 2026 approaches, Graphic Packaging Holding employees face potential healthcare cost increases due to significant projected hikes in ACA marketplace premiums. Reports indicate that many insurers are raising rates significantly, with some states anticipating increases exceeding 60%. Compounding the challenge are the potential expiration of enhanced federal subsidies, which could result in over 75% of enrollees experiencing sharp out-of-pocket premium increases. As a result, employees must proactively strategize their healthcare choices to mitigate the impact of these escalating costs and explore their benefits early to ensure affordability. Click here to learn more

Graphic Packaging Holding employees who are planning to change their lifestyle and work abroad are advised to start planning early to ensure that their lifestyle and career fit the foreign country,' advises Paul Bergeron, a representative of The Retirement Group at Wealth Enhancement Group.

Tyson Mavar of The Retirement Group, a division of Wealth Enhancement Group, explains the legal and tax consequences of leaving the country for Graphic Packaging Holding employees.

In this article we will discuss:

1. Trends and Motivations for Relocation: Examining the reasons behind it Graphic Packaging Holding employees and other Americans are leaving the country for, including political climate and lifestyle issues.

2. Practical Aspects of Immigration: Exploring, Looking at different immigration paths and procedures to different countries like Canada, Mexico, and some countries in Europe and the differences between them.

3. Benefits and Challenges of Living Abroad: Exploring the financial and social implications of moving, the taxes, health care, and society, to help people who want to become expats make the right decision.

The idea of living abroad has always been attractive to many people, including the Graphic Packaging Holding employees who are interested in the changed political systems, better health care, and affordable retirement options that lead to a better quality of life. Jean-Francois Harvey is a Miami-based attorney who notes that more than political reasons, more Americans are considering life abroad. Harvey's experience in immigration is particularly valuable for those who are planning to make some major changes.

Although political events such as Supreme Court hearings and presidential debates can lead to a revision of the quality of life one wishes to lead, the underlying motive is often a desire to live a better life. Harvey says, “The vast majority of people who are interested in changing the game in the United States require a Plan B as elections draw near.” It is not always necessary to have a country nearby as the choice of destination.

While Mexico and Canada are the favorite neighboring nations for the Graphic Packaging Holding employees due to their proximity, some of them also have eyes on European countries like Spain and France due to the linguistic familiarity and easy visa procedures.

The process of moving is different and depends on the country. Using the Express Entry system, Canada has a process in place to quickly move skilled workers through a simplified process that could take as long as two years. This is because family ties in Canada can fast track this process. However, Mexico offers a retirement scheme that is suitable for those who want to spend their latter years in a tropical climate and must show proof of financial stability through their savings or regular income.

Mexico does not allow direct real estate purchases by foreigners but there are legal ways of making such acquisitions through existing entities. Europe presents a variety of immigration options, and laying claim to citizenship through parents or ancestry is still valid in many countries, including Portugal, Spain, France, and Italy. Also, the new digital nomad visas are a modern approach for professionals who want to live in Europe and continue working remotely abroad, not only benefiting the applicants but also their families.

Moving is a process that is accompanied by legal and tax consequences that occur when moving to another country and the treaties that prevent the double taxation of the same income when working there. This makes it easier to go back to the U.S. when needed. If you are a Graphic Packaging Holding employee thinking about moving, you must consider the legal, administrative, and living conditions that accompany moving to another country.

Social infrastructure, healthcare, cost of living, and cultural considerations are important to think about in order to ensure that the move will help to meet personal and professional goals. In general, moving abroad is a complex process of assessing one’s lifestyle, career, and life situation. It is crucial to know the immigration laws and advantages of living in different countries. Although it is difficult to get permanent residency, it is worth it for financial and personal growth. A 2021 Expat Insider survey revealed that more than 80% of American expatriates 60 and older are better off financially since moving abroad.

Retirement is especially attractive in countries like Portugal and Mexico due to the low costs of living and the favorable tax treatments for retirees, which make the option of living abroad more appealing for people who want to stretch their retirement budget and quality of life. Leaving the United States for another country is like setting course on a ship. Just as a seasoned navigator picks a destination according to weather, cultural richness, and good ports, so should expatriates pick factors like quality of life and healthcare.

When you know how to avoid the pitfalls when it comes to immigration laws, then your transition to your new life abroad will be as smooth as sailing in calm waters.

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Sources:

  1. Expat.com. 'Retirement Abroad: Trends and Top Destinations in 2025.' Expat.com, 2025. In this article, the role of retirees is seen as balancing lifestyle adjustments with financial needs through part-time work, consulting or business ownership while moving abroad, with the focus being on the semi-retirement lifestyle.

  2. PlanWell Financial Planners. 'Expat Retiring Abroad? Rules on Taxes, Social Security, and Benefits.' PlanWell Financial Planners, 2024. The source outlines tax obligations, the Foreign Earned Income Exclusion (FEIE), and potential tax pitfalls of retiring abroad, which are crucial for retirees' financial planning.

  3. van Sambeck, Becca. 'The Pros and Cons of Retiring Abroad.' Kiplinger, 22 Oct. 2023. According to Kiplinger, the advantages of retiring abroad include lower living costs and new cultural experiences; however, challenges such as cultural adaptation and complicated taxation affect U.S. retirees living abroad.

  4. TrueNorth Wealth. 'Retiring Abroad: Pros, Cons, and Considerations.' TrueNorth Wealth, 2024. TrueNorth Wealth offers advice on financial, legal, and personal planning for retiring abroad, with a focus on how complex international tax laws, healthcare, and social environments affect retirees.

  5. International Living. '2025's Best Countries to Retire.' International Living, 2025. In this article, the best retirement destinations are evaluated based on cost of living, healthcare, and overall quality of life, which can help retirees determine where they can best stretch their retirement dollars and enjoy a better standard of living.

What type of retirement savings plan does Graphic Packaging Holding offer to its employees?

Graphic Packaging Holding offers a 401(k) retirement savings plan to its employees.

Does Graphic Packaging Holding provide a company match for contributions to the 401(k) plan?

Yes, Graphic Packaging Holding offers a company match for employee contributions to the 401(k) plan, subject to specific terms and conditions.

At what age can employees of Graphic Packaging Holding start participating in the 401(k) plan?

Employees of Graphic Packaging Holding can typically start participating in the 401(k) plan after they reach the age of 21.

How can employees of Graphic Packaging Holding enroll in the 401(k) plan?

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

What is the maximum employee contribution limit for the 401(k) plan at Graphic Packaging Holding?

The maximum employee contribution limit for the 401(k) plan at Graphic Packaging Holding is set by the IRS and may change annually; employees should check the latest guidelines.

Does Graphic Packaging Holding allow employees to take loans against their 401(k) savings?

Yes, Graphic Packaging Holding allows employees to take loans against their 401(k) savings, subject to specific plan rules.

Can employees of Graphic Packaging Holding change their contribution percentage to the 401(k) plan?

Yes, employees of Graphic Packaging Holding can change their contribution percentage at any time, following the plan’s guidelines.

What investment options are available in the Graphic Packaging Holding 401(k) plan?

The Graphic Packaging Holding 401(k) plan offers a variety of investment options, including mutual funds and target-date funds, among others.

Is there a vesting schedule for the company match in the 401(k) plan at Graphic Packaging Holding?

Yes, Graphic Packaging Holding has a vesting schedule for the company match, which determines when employees fully own the matched contributions.

How can employees of Graphic Packaging Holding access their 401(k) account information?

Employees of Graphic Packaging Holding can access their 401(k) account information online through the plan’s designated website or mobile app.

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 Name: Graphic Packaging Holding Pension Plan Pension Formula: The pension benefit is calculated based on a formula that includes years of service and the average of the highest five consecutive years of salary. Eligibility: Employees must have at least 5 years of service and be 55 years old to qualify for retirement benefits. 401(k) Plan Name: Graphic Packaging Holding 401(k) Plan 401(k) Eligibility: Employees are eligible to participate in the 401(k) plan after 90 days of employment.
Restructuring and Layoffs: In 2023, Graphic Packaging Holding announced a significant restructuring initiative aimed at optimizing its manufacturing operations. This included the closure of certain facilities and a reduction in workforce by approximately 10%. This move was part of a broader effort to streamline operations and reduce costs in response to shifting market demands and increased competition. Company Benefits Changes: The company has also revised its benefits package in light of the restructuring. Changes include adjustments to health insurance plans and alterations in retirement plan contributions. These modifications are intended to align the benefits structure with the new organizational framework and economic conditions.
Graphic Packaging Holding Stock Options (GPK Options): 2022: GPK offered stock options primarily to senior executives and key employees as part of their compensation package. The options were usually granted with a vesting period of 3-4 years. 2023: GPK revised their stock option grants to include more mid-level management positions in addition to senior executives. The options were granted with performance-based vesting criteria. 2024: GPK continued to offer stock options, now including a broader range of employees in key operational roles. Vesting periods remained consistent with prior years.
1. Company's Official Website Website: Graphic Packaging Holding - Careers & Benefits Navigate to: The careers section or benefits page on the official website. Search for: Health benefits, healthcare terms, acronyms, and any relevant updates. 2. General Search Engines Sources: Google, Bing, Yahoo Search for: “Graphic Packaging Holding health benefits 2022 2023 2024” Keywords to look for: Health insurance, wellness programs, employee assistance programs, health savings accounts (HSAs), flexible spending accounts (FSAs), and any specific healthcare terms or acronyms used by the company. 3. Employee Review Sites Websites: Glassdoor (Glassdoor) Indeed (Indeed) Comparably (Comparably) Search for: Reviews or employee feedback on health benefits. Look for: Insights on benefits from current or past employees, including satisfaction levels and specifics about health plans. 4. News Websites Websites: Bloomberg (Bloomberg) Reuters (Reuters) CNBC (CNBC) Search for: Recent news articles or press releases related to Graphic Packaging Holding's employee benefits and healthcare. Keywords to use: Employee healthcare changes, benefits adjustments, healthcare coverage updates. 5. Industry Reports and Publications Sources: Business Insider (Business Insider) HR Dive (HR Dive) SHRM (SHRM) Search for: Industry-specific reports on employee benefits that may include information on Graphic Packaging Holding. Keywords to use: Employee benefits trends, healthcare benefits in manufacturing, company-specific benefit analyses.
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