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

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Why Cardinal Health Employees Can Thrive in Retirement Without a Bucket List

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Healthcare Provider Update: Healthcare Provider for Cardinal Health Cardinal Health's operations primarily encompass the distribution of pharmaceuticals and medical products, but it does not operate as a traditional healthcare provider like a hospital or clinic. Instead, it partners with various healthcare providers, serving as a critical supply chain partner for hospitals, health systems, and pharmacies. Potential Healthcare Cost Increases in 2026 In 2026, healthcare costs are projected to rise significantly, impacting employees at Cardinal Health. Factors such as the expiration of enhanced federal subsidies and rising medical expenses are leading to substantial increases in insurance premiums, with some markets expecting hikes of over 60%. As a result, many employees may face higher out-of-pocket costs for their healthcare, necessitating careful planning and benefit review to mitigate this financial strain. Companies, including Cardinal Health, are likely to adjust their benefit structures to manage these cost pressures, leading to higher deductibles and coinsurance for workers. Click here to learn more

The first few years of retirement are frequently a time of transitions for many, including those leaving Cardinal Health. 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 Cardinal Health 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 Cardinal Health. 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 401(k) plan offered by Cardinal Health?

The 401(k) plan at Cardinal Health is a retirement savings plan that allows employees to save a portion of their earnings on a tax-deferred basis.

How does Cardinal Health match employee contributions to the 401(k) plan?

Cardinal Health offers a matching contribution to the 401(k) plan, where the company matches a percentage of employee contributions up to a certain limit.

What are the eligibility requirements for Cardinal Health's 401(k) plan?

Employees of Cardinal Health are generally eligible to participate in the 401(k) plan after completing a specified period of service, typically 30 days.

Can employees of Cardinal Health change their contribution percentages to the 401(k) plan?

Yes, employees can change their contribution percentages to the Cardinal Health 401(k) plan at any time, subject to certain guidelines.

What investment options are available in Cardinal Health's 401(k) plan?

Cardinal Health's 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and company stock.

Is there a vesting schedule for Cardinal Health's 401(k) matching contributions?

Yes, Cardinal Health has a vesting schedule for matching contributions, which means employees must work for a certain number of years to fully own the matched funds.

How can employees access their 401(k) account information at Cardinal Health?

Employees can access their 401(k) account information through Cardinal Health's employee portal or by contacting the plan administrator.

What happens to my Cardinal Health 401(k) if I leave the company?

If you leave Cardinal Health, you can choose to leave your 401(k) funds in the plan, roll them over to another retirement account, or withdraw the funds, subject to tax implications.

Are there loan options available through Cardinal Health's 401(k) plan?

Yes, Cardinal Health allows employees to take loans against their 401(k) balance, subject to specific terms and conditions.

What is the maximum contribution limit for Cardinal Health's 401(k) plan?

The maximum contribution limit for Cardinal Health's 401(k) plan is in line with IRS guidelines, which may change annually.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Major distributor of pharmaceuticals
Cardinal Health offers RSUs and stock options to certain employees. These RSUs vest over time, aligning employee interests with company performance.
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