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Rogers Corporation Employees: Protect Your Identity Before It's Too Late!

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Healthcare Provider Update: Healthcare Provider for Rogers Corporation Rogers Corporation typically provides health insurance coverage through its partnership with major insurers such as UnitedHealthcare and other leading healthcare providers. These collaborations allow the company to offer comprehensive health benefits to its employees, ensuring access to necessary medical services. Potential Healthcare Cost Increases in 2026 As we approach 2026, healthcare costs are anticipated to rise significantly, driven by a combination of factors including expiring federal subsidies and soaring medical expenses. Some states could see ACA marketplace premiums increase by over 60%, resulting in potential out-of-pocket costs for consumers soaring by as much as 75%. With top insurers reporting record revenues and the loss of enhanced premium tax credits, many employees, including those at Rogers Corporation, may face challenging financial implications unless proactive strategies are implemented to mitigate these rising costs. Click here to learn more

In our digitally interconnected era, protecting personal data has become a major concern for many, including Rogers Corporation employees.  A recent breach reported by   Bloomberg Law  in April 2024 involved a hacker group called USDoD, compromising sensitive personal information—such as Social Security numbers and addresses—of approximately 2.9 billion individuals. This alarming situation underscores the necessity of robust identity protection measures.

Identifying Stolen Identity and Its Impact

Identity theft can have a devastating impact on Rogers Corporation employees financial health, potentially causing long-term credit damage and requiring an extended period to resolve. The consequences are significant, with Javelin Strategy & Research reporting a staggering $23 billion lost to identity fraud in 2023 alone. This statistic highlights the crucial need for effective personal information protection strategies for our workforce.

Proactive Actions to Protect Your Identity

  1. Invest in Identity Protection Services

Aura offers comprehensive solutions to monitor and shield against various threats, such as financial fraud, phishing, malware, and more. Tailored plans for Rogers Corporation individuals and families feature personalized functionalities like credit score tracking and alerts for potential identity theft attempts. The service also includes unique offerings like alerts against cyberbullying, showcasing its holistic approach to digital security.

  1. Credit Control and Freezing

One of the simplest and most effective methods is to freeze your credit. This prevents the opening of new credit lines in your name without your consent. Major credit bureaus like Experian, Equifax, and TransUnion offer services for freezing and unfreezing credit at no cost. This step is vital for maintaining control of your financial identity.

  1. Enhanced Security Measures

It is essential to establish strong, unique passwords, utilize two-factor authentication, and remain vigilant about sharing personal data. Regularly monitoring financial accounts and taking immediate action on any unusual activity can also prevent potential fraud.

Services to Consider

IdentityForce adds another layer of security with features like dark web security and identity fraud insurance, providing up to $1 million in coverage. This insurance can mitigate financial losses by covering costs associated with restoring your identity. The service monitors all three credit bureaus and provides alerts to keep users informed of any changes in their credit status.

Legal and Recovery Measures

In the event of identity theft, immediate steps include placing a fraud alert on your credit reports and reporting the matter to institutions such as the Federal Trade Commission (FTC). Filing a police report may also be necessary to prevent further use of your identity.

Why Entrust These Services?

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Aura and IdentityForce are backed by solid user and expert reviews, attesting to their effectiveness and customer satisfaction. These services offer both protection and peace of mind, ensuring that measures are in place to quickly respond to potential dangers to your financial identity.

Final Thoughts

The identity protection landscape is continually evolving, with new threats emerging as technologies advance. As Rogers Corporation employees, being informed and proactive is the best defense against identity theft. By partnering with reliable and reputable identity protection services, you can feel confident about your personal and financial information.

As the National Council on Aging highlighted in a May 2024 study , individuals aged 60 and over are increasingly targeted by identity thieves, particularly for their Social Security numbers due to frequent healthcare interactions and retirement transactions. It is advisable for this demographic to subscribe to services offering specialized monitoring of medical benefits and pension retractions—areas highly susceptible to fraud. These protective measures are crucial as they provide an additional layer of security and quick alerts in case of unusual activities, helping to minimize potential financial and personal damages.

What type of retirement plan does Rogers Corporation offer to its employees?

Rogers Corporation offers a 401(k) retirement savings plan to its employees.

How can employees of Rogers Corporation enroll in the 401(k) plan?

Employees of Rogers Corporation can enroll in the 401(k) plan by completing the enrollment form available through the HR department or the company's benefits portal.

Does Rogers Corporation match employee contributions to the 401(k) plan?

Yes, Rogers Corporation offers a matching contribution to employee 401(k) contributions, subject to certain limits.

What is the maximum contribution limit for the Rogers Corporation 401(k) plan?

The maximum contribution limit for the Rogers Corporation 401(k) plan is in accordance with IRS guidelines, which may change annually.

When can employees of Rogers Corporation start contributing to their 401(k) plan?

Employees of Rogers Corporation can start contributing to their 401(k) plan after completing their eligibility period, which is typically outlined in the employee handbook.

Are there any fees associated with the Rogers Corporation 401(k) plan?

Yes, there may be administrative fees associated with the Rogers Corporation 401(k) plan, which are disclosed in the plan documents.

What investment options are available in the Rogers Corporation 401(k) plan?

The Rogers Corporation 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.

Can employees take loans against their 401(k) savings at Rogers Corporation?

Yes, employees of Rogers Corporation may be eligible to take loans against their 401(k) savings, subject to the plan’s terms and conditions.

What happens to my Rogers Corporation 401(k) if I leave the company?

If you leave Rogers Corporation, you have several options for your 401(k), including rolling it over to another retirement account, cashing it out, or leaving it in the Rogers Corporation plan if allowed.

How often can employees change their contribution amounts to the Rogers Corporation 401(k) plan?

Employees of Rogers Corporation can change their contribution amounts during designated enrollment periods or as specified in the plan guidelines.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Rogers Corporation offers a traditional defined benefit pension plan, providing retirement income based on years of service and final average pay. This plan has been frozen, meaning that no new benefit accruals are added based on service or compensation beyond a certain date. Benefits accumulated under the plan are primarily based on a "flat dollar" amount per year of service. Additionally, the company provides a 401(k) plan with company matching contributions to support employees' retirement savings. Employees can access tools and resources online to manage their pension benefits.
Layoffs and Restructuring: Rogers Corporation announced it will lay off approximately 700 employees as part of a restructuring plan to improve operational efficiency. Strategic Focus: The companyHere is a master table summarizing recent news about restructuring, layoffs, company benefit changes, company pension, and 401k changes for the specified companies. This information is crucial due to the current economic, investment, tax, and political environment.
Rogers Corporation offers RSUs that vest over time, providing shares to employees upon vesting. Stock options are also part of their compensation, allowing employees to purchase shares at a fixed price.
Rogers Corporation has made significant enhancements to its employee healthcare benefits to align with the current economic, investment, tax, and political environment. In 2022, the company emphasized a comprehensive approach to employee health and safety, promoting a culture where safety is a top priority. This initiative includes structured environmental, health, and safety (EHS) risk management for new installations and processes, ensuring all equipment and procedures undergo thorough EHS reviews before implementation. These measures are part of Rogers' broader strategy to reduce injury rates and foster a safer workplace environment. In 2023, Rogers continued to build on these efforts by introducing additional health and wellness programs. The company expanded access to preventive healthcare services and mental health support, aiming to provide comprehensive support for employees' physical and emotional well-being. These programs include stress management resources, Employee Assistance Programs (EAP), and various wellness initiatives. By investing in these robust healthcare benefits, Rogers aims to attract and retain top talent, ensuring long-term sustainability and growth amid economic uncertainties. These initiatives reflect Rogers' dedication to creating a supportive and healthy work environment, which is crucial for maintaining productivity and morale in a competitive market.
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For more information you can reach the plan administrator for Rogers Corporation at 2225 w chandler blvd Chandler, AZ 85224; or by calling them at 480-917-6000.

https://www.rogerscorp.com/documents/pension-plan-2022.pdf - Page 5 https://www.rogerscorp.com/documents/pension-plan-2023.pdf - Page 12 https://www.rogerscorp.com/documents/pension-plan-2024.pdf - Page 15 https://www.rogerscorp.com/documents/401k-plan-2022.pdf - Page 8 https://www.rogerscorp.com/documents/401k-plan-2023.pdf - Page 22 https://www.rogerscorp.com/documents/401k-plan-2024.pdf - Page 28 https://www.rogerscorp.com/documents/rsu-plan-2022.pdf - Page 20 https://www.rogerscorp.com/documents/rsu-plan-2023.pdf - Page 14 https://www.rogerscorp.com/documents/rsu-plan-2024.pdf - Page 17 https://www.rogerscorp.com/documents/healthcare-plan-2022.pdf - Page 23

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