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

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Why Ovintiv Employees Can Thrive in Retirement Without a Bucket List

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Healthcare Provider Update: Healthcare Provider for Ovintiv Ovintiv utilizes several healthcare providers for its employees' health coverage, with a primary focus on large national insurers. Notable among these are UnitedHealthcare and Anthem, which are typically selected to offer comprehensive healthcare plans that cover a wide array of services including preventive care, emergency services, and specialty medications. Healthcare Cost Increases in 2026 In 2026, Ovintiv employees may face substantial increases in healthcare costs, primarily due to anticipated hikes in Affordable Care Act (ACA) market premiums, which are expected to rise by as much as 66% in some states. The projected expiration of enhanced federal premium subsidies, coupled with a medical cost inflation rate that surpasses general inflation, is likely to significantly increase out-of-pocket expenses. As a result, employees should proactively review their health benefits and consider strategic adjustments to mitigate the impact of these rising costs. Click here to learn more

The first few years of retirement are frequently a time of transitions for many, including those leaving Ovintiv. 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 Ovintiv 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 Ovintiv. 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 Ovintiv offer to its employees?

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

How can Ovintiv employees enroll in the 401(k) plan?

Ovintiv employees can enroll in the 401(k) plan through the company’s HR portal or by contacting the HR department for assistance.

Does Ovintiv provide a company match for the 401(k) contributions?

Yes, Ovintiv provides a company match for employee contributions to the 401(k) plan, subject to specific terms and conditions.

What is the maximum contribution limit for Ovintiv employees participating in the 401(k) plan?

The maximum contribution limit for Ovintiv employees is in line with IRS guidelines, which may change annually. Employees should check the latest IRS limits for accuracy.

Can Ovintiv employees change their contribution percentage at any time?

Yes, Ovintiv employees can change their contribution percentage at any time, typically through the HR portal or by contacting HR.

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

Ovintiv’s 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.

Is there a vesting schedule for the company match in Ovintiv's 401(k) plan?

Yes, Ovintiv has a vesting schedule for the company match, which means employees must work for the company for a certain period before they fully own the matched contributions.

How can Ovintiv employees access their 401(k) account information?

Ovintiv employees can access their 401(k) account information online through the plan’s designated website or by contacting the plan administrator.

Does Ovintiv allow for loans against the 401(k) account?

Yes, Ovintiv may allow employees to take loans against their 401(k) account, subject to the plan’s specific terms and conditions.

What happens to an Ovintiv employee's 401(k) account if they leave the company?

If an Ovintiv employee leaves the company, they have several options for their 401(k) account, including rolling it over to another retirement account or leaving it with Ovintiv.

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

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