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New Update: Healthcare Costs Increasing by Over 60% in Some States. Will you be impacted?

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Where Can Ball Corporation Employees Find the Best Retirement Calculators?

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Healthcare Provider Update: Healthcare Provider for Ball Corporation Ball Corporation's healthcare coverage is primarily provided through Aetna, a well-established insurer known for a range of healthcare plans tailored to meet the diverse needs of employees. Brief Overview of Potential Healthcare Cost Increases in 2026 As we look ahead to 2026, Ball Corporation employees should prepare for significant healthcare cost increases, with many anticipating premium hikes of over 60% in some states. This alarming trend is largely attributed to rising medical expenses, the potential expiration of enhanced federal premium subsidies, and aggressive actions from major insurers. Without congressional intervention to extend these vital subsidies, more than 22 million individuals could face an average increase of 75% in out-of-pocket costs, straining budgets and limiting access to essential healthcare services. It's crucial for employees to proactively plan for these developments to mitigate financial impacts in the coming year. Click here to learn more

Retirement planning is a complex process that requires careful attention to various variables such as investment growth, inflation, and personal financial goals. In recent years, advancements in retirement calculators have simplified this task, offering tools tailored to different planning needs. These calculators play a crucial role for those looking to understand their readiness for retirement from Ball Corporation.


The key to saving and investing for retirement lies in the concept of compounded growth. By starting early and making consistent contributions throughout one's career at Ball Corporation, one can significantly bolster the financial robustness of their retirement savings. However, general advice often falls short in addressing more specific queries such as monthly saving goals, achievable retirement ages, and the sustainability of the investment portfolio post-retirement.

Among the myriad options available, certain retirement calculators have stood out for their efficacy and ease of use. For example, the  Wealth Enhancement Group Calculator  is noted for its user-friendly interface. It also allows users to modify various financial forecasts, offering a personalized and interactive planning experience. Its free availability and focus on specific financial planning make it an ideal choice for those seeking straightforward guidance.


For those seeking a comprehensive view of their financial future, Maxifi is a solid choice. This method goes beyond mere retirement planning by incorporating elements of tax planning and the financial implications of various life events. Maxifi represents a deep dive into financial management, giving users the opportunity to optimize their financial choices, especially useful for Ball Corporation employees planning for diverse future scenarios.

Several other tools also prove highly effective in assisting individuals in managing their future financial well-being. ProjectionLab, and OnTrajectory offer robust financial planning capabilities that address both retirement and other financial aspects. These tools have demonstrated their usefulness for those who appreciate a thorough understanding of the impact of different life decisions on their financial health, including Ball Corporation professionals.

When evaluating these calculators, several criteria were essential. Clear and realistic assumptions about investment growth and inflation remained unchanged. Tools that simplified these assumptions without compromising their accuracy were preferred, especially for those at Ball Corporation who had more than two decades until retirement. The calculators also needed to provide information on the estimated net worth at retirement and the sustainability of the investment portfolio.

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Usability was another crucial factor; tools that allowed users to gain practical insights without navigating complex language or dense information were highly rated. At the same time, the robustness of a calculator—its ability to simulate various investment scenarios and adapt to changes in one's financial life—was also taken into account in the overall evaluation, which is critical for Ball Corporation employees navigating their unique financial landscapes.

In summary, while the market for retirement calculators offers a variety of options tailored to different needs, each tool shares the same goal of enhancing users' understanding and preparation for retirement. Whether it's detailed scenario planning or quick-check gauges, these tools play an essential role in helping individuals build a financially stable future. To maintain this security, it is recommended to regularly review one's retirement plan so it aligns with current financial realities and future aspirations, a strategy especially pertinent for Ball Corporation professionals.

A recent study by the American Association of Retired Persons (AARP) highlighted the importance of considering healthcare expenses in retirement planning.  Their Retirement Healthcare Cost Calculator,  is specially designed to help retirees assess their potential healthcare expenses, a crucial consideration given that health often represents the largest expense in retirement. This method adjusts based on personal factors such as age and health conditions, offering a more personalized approach to financial planning, enabling users, including those at Ball Corporation, to gauge the amount of their savings needed to cover health-related expenses during retirement.

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

Ball Corporation offers a 401(k) Savings Plan to its employees to help them save for retirement.

How does Ball Corporation match employee contributions to the 401(k) plan?

Ball Corporation provides a matching contribution to employee 401(k) contributions, typically matching a percentage of what employees contribute up to a certain limit.

Can employees at Ball Corporation choose how their 401(k) contributions are invested?

Yes, employees at Ball Corporation can choose from a variety of investment options for their 401(k) contributions, allowing them to tailor their investment strategy.

What is the eligibility requirement for Ball Corporation employees to participate in the 401(k) plan?

Most employees at Ball Corporation are eligible to participate in the 401(k) plan after completing a specified period of service, typically within their first year of employment.

Does Ball Corporation offer any educational resources for employees to learn about the 401(k) plan?

Yes, Ball Corporation provides educational resources and tools to help employees understand their 401(k) options and make informed investment decisions.

What is the maximum contribution limit for employees participating in Ball Corporation’s 401(k) plan?

The maximum contribution limit for employees in Ball Corporation’s 401(k) plan is set by the IRS and may change annually; employees should check the latest limits for the current year.

Are there any fees associated with Ball Corporation's 401(k) plan?

Yes, Ball Corporation's 401(k) plan may have certain administrative fees, which are disclosed in the plan documents provided to employees.

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

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

What happens to employees' 401(k) savings if they leave Ball Corporation?

If employees leave Ball Corporation, they can roll over their 401(k) savings into another retirement account, cash out, or leave the funds in the Ball Corporation plan, depending on the plan’s rules.

Does Ball Corporation allow for after-tax contributions to the 401(k) plan?

Yes, Ball Corporation may allow for after-tax contributions to the 401(k) plan, enabling employees to save additional funds for retirement.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Ball Corporation offers a defined benefit pension plan called the Ball Corporation Pension Plan. Employees become eligible after one year and vested after five years of service. The plan calculates benefits based on final average salary and years of service. Ball’s 401(k) plan, known as the Ball Corporation 401(k) Savings Plan, matches employee contributions up to 4% when contributing 5% or more. Immediate 100% vesting is provided for all contributions. [Source: Ball Benefits Overview, 2022, p. 12]
Ball Corporation transferred its pension liabilities to Prudential Annuity to manage costs and streamline administration. The company reported strong financial results for Q1 2024 and continues to offer competitive benefits including a 401(k) plan with company match and additional contributions. Understanding these benefits is vital given the current tax and political landscape.
Ball Corporation provides stock options and RSUs as part of its compensation packages. Stock options allow employees to purchase shares at a set price post-vesting, while RSUs are awarded with vesting conditions such as tenure or performance. In 2022, Ball Corporation enhanced its equity programs with performance-based RSUs. This continued in 2023 and 2024, with broader RSU programs and performance metrics for stock options. Executives and middle management are the main recipients, ensuring alignment with long-term company goals. [Source: Ball Corporation Financial Results 2022-2024, p. 58]
Ball Corporation’s 2022 healthcare updates included improved mental health support and expanded telehealth services. The company introduced additional wellness programs and preventive care options by 2023. For 2024, Ball Corporation focused on maintaining comprehensive health coverage and integrating innovative solutions. The strategy aimed to support overall employee well-being with digital health tools and comprehensive care options. Ball Corporation’s approach reflected a commitment to addressing evolving employee needs and enhancing benefits. The updates were designed to improve employee satisfaction and health management.
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For more information you can reach the plan administrator for Ball Corporation at 100 north riverside Chicago, IL 60606; or by calling them at 1-312-544-2000.

https://www.ball.com/getattachment/318cdc87-5e97-4291-b42e-79bbad714665/GRI-REPORT-2024-March-Update.pdf - Page 5 https://www.pbgc.gov/sites/default/files/documents/fy-2024-annual-performance-plan.pdf - Page 12 https://www.ball.com/getmedia/a64361fb-2ac5-4139-8497-e76e1add643c/2023_financial-data.pdf - Page 18 https://www.ball.com/getattachment/e0e7b2a3-5c68-4284-8f49-0a7bf45b3505/Ball-2023-GRI-Content-Index-Response_March-2023-1.pdf - Page 14 https://s1.q4cdn.com/288660599/files/doc_financials/2023/ball-corporation-2023-10k.pdf - Page 20 https://www.irs.gov/pub/irs-drop/rr-22-02.pdf - Page 8 https://cache.hacontent.com/ybr/R516/04471_ybr_ybrfndt/downloads/FedExCorporationPensionPlanAFN.pdf - Page 15 https://www.nvpers.org/sites/default/files/publications/21735_NV_PERS_News_2022_p6_1.pdf - Page 10 https://www.bdo.com/getmedia/bdc0ae98-c4b6-4f30-a4a9-c3e8a2d64dc4/EBP_2023-Deadlines-and-Important-Dates.pdf?ext=.pdf - Page 9 https://assets.kpmg.com/content/dam/kpmg/us/pdf/2022/10/22323.pdf - Page 13

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