Healthcare Provider Update: Healthcare Provider for Rollins Corporation Rollins, Inc. collaborates with various healthcare providers for the medical benefits offered to its employees. While specific partnerships may vary, large employers like Rollins typically work with national insurance carriers such as UnitedHealthcare, Cigna, or Anthem/Blue Cross Blue Shield. Potential Healthcare Cost Increases in 2026 In 2026, Rollins employees could face significant healthcare cost increases, largely driven by anticipated hikes in Affordable Care Act (ACA) premiums. With some states projected to see premium increases exceeding 60%, employees may bear a larger share of healthcare costs. Compounding these challenges are expiring federal subsidies that, if not renewed, could push out-of-pocket expenses up by over 75% for many enrollees. This convergence of factors creates a precarious financial landscape for Rollins employees, necessitating proactive planning to manage rising healthcare expenses effectively. Click here to learn more
The first few years of retirement are frequently a time of transitions for many, including those leaving Rollins. 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 Rollins 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 Rollins. 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 Rollins 401k/Savings Plan?
The Rollins 401k/Savings Plan is a retirement savings plan that allows employees of Rollins to save for their future through pre-tax contributions and potential employer matching.
How can I enroll in the Rollins 401k/Savings Plan?
Employees can enroll in the Rollins 401k/Savings Plan by completing the enrollment forms provided by the HR department or through the Rollins employee portal.
What types of contributions can I make to the Rollins 401k/Savings Plan?
Employees can make pre-tax contributions, Roth after-tax contributions, and possibly catch-up contributions if they are age 50 or older in the Rollins 401k/Savings Plan.
Does Rollins offer a company match for the 401k/Savings Plan?
Yes, Rollins offers a company match for employee contributions to the 401k/Savings Plan, subject to certain limits and eligibility requirements.
What is the vesting schedule for Rollins' company match in the 401k/Savings Plan?
The vesting schedule for Rollins' company match typically follows a graded vesting schedule, which means employees earn ownership of the matched contributions over a specified period.
Can I change my contribution amount to the Rollins 401k/Savings Plan?
Yes, employees can change their contribution amounts to the Rollins 401k/Savings Plan at any time, subject to the plan’s rules and limits.
What investment options are available in the Rollins 401k/Savings Plan?
The Rollins 401k/Savings Plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to suit different risk tolerances.
How can I access my Rollins 401k/Savings Plan account?
Employees can access their Rollins 401k/Savings Plan account online through the designated portal or by contacting the plan administrator for assistance.
What happens to my Rollins 401k/Savings Plan if I leave the company?
If you leave Rollins, you have several options for your 401k/Savings Plan, including rolling it over to another retirement account, leaving it with Rollins, or cashing it out (subject to taxes and penalties).
Are there loan options available through the Rollins 401k/Savings Plan?
Yes, the Rollins 401k/Savings Plan may allow participants to take loans against their account balance, subject to specific terms and conditions.