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

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Why Rite Aid Employees Can Thrive in Retirement Without a Bucket List

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Healthcare Provider Update: Healthcare Provider for Rite Aid Rite Aid employees typically have access to healthcare plans through various insurers, but specific carriers may vary based on the location and plan offerings. Major insurers such as UnitedHealthcare, Aetna, and others often provide coverage options for Rite Aid employees, making it advisable for them to review the available plans and select one that best fits their healthcare needs. Potential Healthcare Cost Increases in 2026 As we head into 2026, Rite Aid employees may face significant increases in healthcare costs due to projected sharp hikes in health insurance premiums. Without the renewal of enhanced federal subsidies, many enrollees in the ACA marketplace could see their out-of-pocket costs rise by over 75%, particularly as some states report premium increases exceeding 60%. Amid rising medical costs driven by factors such as high prices for medications and ongoing pressure from insurers to adjust benefit structures, employees will need to carefully assess their coverage options to mitigate the financial impact and ensure continued access to necessary healthcare. Click here to learn more

The first few years of retirement are frequently a time of transitions for many, including those leaving Rite Aid. 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 Rite Aid 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 Rite Aid. 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 purpose of Rite Aid's 401(k) Savings Plan?

The purpose of Rite Aid's 401(k) Savings Plan is to help employees save for retirement by allowing them to contribute a portion of their salary on a pre-tax basis.

How can Rite Aid employees enroll in the 401(k) Savings Plan?

Rite Aid employees can enroll in the 401(k) Savings Plan by accessing the company’s benefits portal or contacting the HR department for guidance on the enrollment process.

Does Rite Aid offer a company match for contributions to the 401(k) Savings Plan?

Yes, Rite Aid offers a company match for contributions to the 401(k) Savings Plan, helping employees maximize their retirement savings.

What types of investment options are available in Rite Aid's 401(k) Savings Plan?

Rite Aid's 401(k) Savings Plan typically offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to suit different risk tolerances.

At what age can Rite Aid employees start withdrawing from their 401(k) Savings Plan without penalties?

Rite Aid employees can start withdrawing from their 401(k) Savings Plan without penalties at age 59½, provided they meet other plan requirements.

Can Rite Aid employees take loans against their 401(k) Savings Plan?

Yes, Rite Aid employees may have the option to take loans against their 401(k) Savings Plan, subject to the plan's specific terms and conditions.

How often can Rite Aid employees change their contribution percentage to the 401(k) Savings Plan?

Rite Aid employees can typically change their contribution percentage to the 401(k) Savings Plan at any time, but there may be specific enrollment periods or guidelines to follow.

What happens to Rite Aid employees' 401(k) Savings Plan if they leave the company?

If Rite Aid employees leave the company, they have several options for their 401(k) Savings Plan, including rolling it over to an IRA or another employer's plan, or cashing it out (which may incur taxes and penalties).

Is there a vesting schedule for Rite Aid's 401(k) Savings Plan?

Yes, Rite Aid's 401(k) Savings Plan may have a vesting schedule for employer contributions, meaning employees must work for the company for a certain period before they fully own those contributions.

How can Rite Aid employees access their 401(k) Savings Plan account information?

Rite Aid employees can access their 401(k) Savings Plan account information through the company's benefits portal or by contacting the plan administrator.

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

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