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

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Why J.M. Smucker Employees Can Thrive in Retirement Without a Bucket List

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Healthcare Provider Update: J.M. Smucker offers a wide range of benefits including medical, dental, vision, and prescription drug coverage. Employees also have access to FSAs, life and disability insurance, pet insurance, and wellness facilities. The company supports financial well-being through a 401(k) with matching contributions, stock purchase plans, and tuition assistance. Additional perks include flexible work schedules, on-site daycare, and paid leave for parental and adoption needs 3. J.M. Smucker With ACA premiums projected to rise sharply in 2026, Smuckers comprehensive benefits and family-focused support help employees avoid the financial strain of marketplace plans. The companys emphasis on preventive care and wellness education further reduces long-term healthcare costs. Click here to learn more

The first few years of retirement are frequently a time of transitions for many, including those leaving J.M. Smucker. 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 J.M. Smucker 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 J.M. Smucker. 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 type of retirement savings plan does J.M. Smucker offer to its employees?

J.M. Smucker offers a 401(k) retirement savings plan to help employees save for their future.

Does J.M. Smucker provide a company match for contributions made to the 401(k) plan?

Yes, J.M. Smucker provides a company match on employee contributions to the 401(k) plan, which helps to enhance retirement savings.

What is the eligibility requirement to participate in J.M. Smucker's 401(k) plan?

Employees are eligible to participate in J.M. Smucker's 401(k) plan after completing a specified period of service, typically within the first year of employment.

Can employees at J.M. Smucker choose how their 401(k) contributions are invested?

Yes, employees at J.M. Smucker can choose from a variety of investment options for their 401(k) contributions based on their risk tolerance and retirement goals.

What is the maximum contribution limit for J.M. Smucker’s 401(k) plan?

The maximum contribution limit for J.M. Smucker’s 401(k) plan aligns with the IRS limits, which are updated annually.

Does J.M. Smucker allow employees to take loans against their 401(k) savings?

Yes, J.M. Smucker allows employees to take loans against their 401(k) savings under certain conditions and guidelines.

Are there any fees associated with J.M. Smucker's 401(k) plan?

Yes, like many retirement plans, J.M. Smucker's 401(k) plan may have administrative fees and investment-related fees, which are disclosed in the plan documents.

Can employees at J.M. Smucker roll over their 401(k) savings from a previous employer?

Yes, employees at J.M. Smucker can roll over their 401(k) savings from a previous employer into J.M. Smucker’s 401(k) plan.

When can employees at J.M. Smucker start withdrawing from their 401(k) accounts?

Employees at J.M. Smucker can typically start withdrawing from their 401(k) accounts at age 59½, subject to certain conditions.

Does J.M. Smucker offer any educational resources for employees to learn about their 401(k) options?

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

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For more information you can reach the plan administrator for J.M. Smucker at , ; or by calling them at .

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