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The first few years of retirement are frequently a time of transitions for many, including those leaving ASGN. It is a critical period that can influence the next few decades financially and emotionally. At the age of sixty-six, Wall Street Journal distinguished editor Stephen Kreider Yoder announced his retirement. His wife, sixty-seven-year-old Karen Kreider Yoder, followed suit. Their experiences, highlighted in the 'Retirement Rookies' column each month, demonstrate a departure from conventional retirement preparation. They emphasize crafting adaptable, meaningful experiences that serve as a foundation for future undertakings over following predetermined bucket lists.
This approach to retirement highlights a larger movement among individuals reimagining their post-employment years. By focusing on personal development and continual exploration, retirees can ensure a fuller, more satisfying experience. This narrative offers invaluable insights for ASGN employees looking to maximize their life-changing retirement years.
Recent studies by the American Psychological Association (APA) underline the advantages of the Yoders' method of unstructured retirement planning. The research indicates that retirees adhering rigidly to their pre-planned bucket lists report lower levels of satisfaction and fulfillment compared to those who engage in activities based on their own interests and whims. This suggests that a flexible retirement lifestyle can lead to more fulfilling and significant experiences, an important consideration as employees transition from structured careers to the freedom of retirement.
In the Retirement Rookies column, Stephen and Karen Kreider Yoder share their journeys and offer a fresh perspective on retirement planning. Learn why they're passing on typical bucket lists in favor of flexible, meaningful experiences, and how this strategy might enhance your post-work years at ASGN. Discover how embracing an unstructured retirement can lead to increased contentment and pleasure, setting the stage for a rewarding future.
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Forgoing a conventional retirement plan is akin to sailing a ship without a defined course. Retirees like the Yoders choose to navigate the waters of their golden years with the liberty to uncover new horizons as they appear, rather than charting every port of call. This method, much like a sailor discovering new adventures in uncharted waters, allows them to encounter unexpected joys and experiences, enriching each day with personal growth and satisfaction.
What is the ASGN 401(k) plan?
The ASGN 401(k) plan is a retirement savings plan that allows employees to save for retirement on a tax-advantaged basis.
How can I enroll in the ASGN 401(k) plan?
You can enroll in the ASGN 401(k) plan by completing the enrollment process through the company’s HR portal or by contacting the HR department for assistance.
What types of contributions can I make to the ASGN 401(k) plan?
Employees can make pre-tax contributions, Roth (after-tax) contributions, and, in some cases, catch-up contributions if they are age 50 or older.
Is there a company match for contributions to the ASGN 401(k) plan?
Yes, ASGN offers a company match for employee contributions, which helps enhance your retirement savings.
What is the vesting schedule for the ASGN 401(k) plan?
The vesting schedule for the ASGN 401(k) plan typically depends on the length of service and the specific terms outlined in the plan documents.
Can I take a loan against my ASGN 401(k) plan?
Yes, ASGN allows participants to take loans against their 401(k) balance, subject to the terms and conditions of the plan.
What investment options are available in the ASGN 401(k) plan?
The ASGN 401(k) plan offers a variety of investment options, including mutual funds, target date funds, and other investment vehicles.
How often can I change my contribution amount to the ASGN 401(k) plan?
Employees can typically change their contribution amounts to the ASGN 401(k) plan at any time, subject to the plan's rules.
When can I start withdrawing funds from my ASGN 401(k) plan?
You can begin withdrawing funds from your ASGN 401(k) plan without penalties after reaching age 59½, or in the event of a qualifying hardship.
Does ASGN provide educational resources for managing my 401(k) plan?
Yes, ASGN provides educational resources and tools to help employees understand and manage their 401(k) plan effectively.