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

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Why Carrier Global Employees Can Thrive in Retirement Without a Bucket List

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Healthcare Provider Update: Healthcare Provider for Carrier Global Carrier Global partners with various healthcare providers to support employee health and well-being, though the specific providers may vary based on location and employer agreements. Typically, they utilize major healthcare systems and networks to offer comprehensive benefits, including access to primary care, specialty services, and wellness programs. Potential Healthcare Cost Increases in 2026 As we approach 2026, healthcare costs are projected to rise significantly, driven by a combination of key factors such as the potential expiration of federal premium subsidies and increased medical spending. The Affordable Care Act (ACA) marketplace could see premium hikes as steep as 75% for many enrollees, reflecting aggressive rate increases from leading insurers. With ongoing trends like rising provider costs and higher demand for expensive medications, consumers are advised to prepare for these financial pressures by considering strategic adjustments to their health plans and seeking cost-saving alternatives wherever possible. Click here to learn more

The first few years of retirement are frequently a time of transitions for many, including those leaving Carrier Global. 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 Carrier Global 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 Carrier Global. 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 Carrier Global?

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

Does Carrier Global match employee contributions to the 401(k) plan?

Yes, Carrier Global offers a matching contribution to the 401(k) plan, which helps employees maximize their retirement savings.

How can employees enroll in the 401(k) plan at Carrier Global?

Employees can enroll in the Carrier Global 401(k) plan through the company's benefits portal during the enrollment period or after they become eligible.

What is the eligibility requirement for the 401(k) plan at Carrier Global?

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

What types of investment options are available in Carrier Global's 401(k) plan?

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

Can employees take loans against their 401(k) savings at Carrier Global?

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

What is the vesting schedule for Carrier Global's 401(k) matching contributions?

The vesting schedule for Carrier Global's matching contributions typically follows a graded vesting schedule, which means employees earn rights to the match over a period of years.

How often can employees change their contribution percentage to the 401(k) plan at Carrier Global?

Employees at Carrier Global can change their contribution percentage to the 401(k) plan at any time, subject to the guidelines set forth in the plan.

What happens to the 401(k) savings if an employee leaves Carrier Global?

If an employee leaves Carrier Global, they have several options for their 401(k) savings, including rolling it over to another retirement account or leaving it in the Carrier Global plan if eligible.

Is there a default investment option for new enrollees in Carrier Global's 401(k) plan?

Yes, Carrier Global has a default investment option, typically a target-date fund, for employees who do not make an investment choice upon enrollment.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Carrier Global has announced a significant restructuring plan, which includes layoffs impacting approximately 5% of its workforce. The company is also revising its pension and 401(k) plans, shifting towards a defined contribution system to manage costs more effectively.
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For more information you can reach the plan administrator for Carrier Global at 13995 Pasteur Blvd. Palm Beach Gardens, FL 33418; or by calling them at +1 561-365-2000.

*Please see disclaimer for more information

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