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

Why E.W. Scripps Employees Can Thrive in Retirement Without a Bucket List

Healthcare Provider Update: Provides medical, dental, vision, and wellness programs, including telemedicine and FSAs, through its My Scripps Health Plan 2. With ACA premiums projected to increase by 1518%, Scripps comprehensive benefits help employees avoid steep out-of-pocket costs and maintain consistent care. Click here to learn more

The first few years of retirement are frequently a time of transitions for many, including those leaving E.W. Scripps. 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 E.W. Scripps 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 E.W. Scripps. Discover how embracing an unstructured retirement can lead to increased contentment and pleasure, setting the stage for a rewarding future.

Featured Video

Articles you may find interesting:

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 type of retirement savings plan does E.W. Scripps offer to its employees?

E.W. Scripps offers a 401(k) retirement savings plan to help employees save for their future.

Is there a company match for contributions made to the E.W. Scripps 401(k) plan?

Yes, E.W. Scripps provides a company match for employee contributions to the 401(k) plan, subject to certain limits.

How can employees at E.W. Scripps enroll in the 401(k) savings plan?

Employees at E.W. Scripps can enroll in the 401(k) savings plan through the company's HR portal or by contacting the HR department for assistance.

What is the eligibility requirement for E.W. Scripps employees to participate in the 401(k) plan?

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

Can E.W. Scripps employees change their contribution amounts to the 401(k) plan?

Yes, E.W. Scripps employees can change their contribution amounts to the 401(k) plan at any time, usually via the HR portal.

What investment options are available in the E.W. Scripps 401(k) plan?

E.W. Scripps offers a variety of investment options in its 401(k) plan, including mutual funds, target-date funds, and other investment vehicles.

Are there any fees associated with the E.W. Scripps 401(k) plan?

Yes, there may be administrative and investment fees associated with the E.W. Scripps 401(k) plan, which are disclosed in the plan documents.

How does E.W. Scripps educate its employees about the 401(k) savings plan?

E.W. Scripps provides educational resources, workshops, and one-on-one consultations to help employees understand the 401(k) savings plan and make informed decisions.

What happens to the 401(k) savings if an employee leaves E.W. Scripps?

If an employee leaves E.W. Scripps, they have several options for their 401(k) savings, including rolling over the account to another retirement plan or cashing out.

Can E.W. Scripps employees take loans against their 401(k) savings?

Yes, E.W. Scripps allows employees to take loans against their 401(k) savings, subject to certain conditions and limits.

Additional Articles

Check Out Articles for E.W. Scripps employees

For more information you can reach the plan administrator for E.W. Scripps at 312 Walnut St, Suite 2800 Cincinnati, OH 45202; or by calling them at (513) 977-3000.