<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=314834185700910&amp;ev=PageView&amp;noscript=1">

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

Learn More

Why Green Valley, Arizona, is the Ideal Retirement Destination for AbbVie Inc. Employees

image-table

Healthcare Provider Update: Healthcare Provider Information for Aetna Aetna, part of the CVS Health family, has been a key player in the Affordable Care Act (ACA) marketplace, providing health insurance plans to individuals and families. However, significant changes are on the horizon for 2026, as Aetna will exit the ACA marketplace in 17 states, impacting approximately 1 million members. This withdrawal is attributed to the company's challenges in maintaining competitiveness and providing value in a rapidly evolving healthcare landscape. Potential Healthcare Cost Increases in 2026 As the healthcare landscape shifts, substantial premium hikes are anticipated for those enrolled in ACA marketplace plans, with projections of up to 75% increases in out-of-pocket costs due to the potential loss of enhanced federal subsidies. In some states, insurers have filed for rate increases exceeding 60%, driven by surging medical costs and the expiration of premium tax credits established under the American Rescue Plan. For Aetna's former members, this change further complicates their healthcare landscape as they seek new insurance options amid heightened financial pressures. Click here to learn more

Retirement is a significant phase of life where the choice of an ideal location involves various factors beyond mere convenience. Medical accessibility, recreational opportunities, community involvement, and safety play crucial roles in determining the suitability of a haven for AbbVie Inc. retirees. While Florida remains one of the most popular retirement destinations in the U.S., Arizona has emerged as equally attractive for those seeking a blend of comfort, ease, and natural beauty.


Arizona's importance as a retirement destination is confirmed by recent results from  Realtor.com , which ranked Green Valley, Arizona, as the second-best retirement spot in 2024. This ranking marks a notable improvement from its fourth position in 2023, primarily due to the region's natural attractions, including bird-watching opportunities in Madera Canyon. Located about 30 miles south of Tucson in Pima County, Green Valley was founded in the 1960s and currently has approximately 20,000 permanent residents with an average age of 74. The community is specially designed for retirees, with 83% of real estate listings considered retirement-friendly and an average listing value of $350,000.

The market dynamics observed during the COVID-19 pandemic, where remote work became widespread, allowed individuals to adopt a retirement lifestyle prematurely. According to  Stacey Bell,  a realtor at Long Realty Company/Luxury Portfolio International, the current real estate market is more balanced, facilitating an in-depth exploration for future buyers. Bell highlights the phenomenon by noting, 'Quality homes continue to sell quickly, but now is the time to explore the market thoroughly.'

Green Valley offers more than just beautiful scenery and suitable housing; it is rich in history and culture. Nearby Sahuarita preserves remnants of Indian heritage with Jesuit settlements dating back to the 17th century. Architecture and history enthusiasts can explore the San Xavier Del Bac Mission, located about 20 miles north, known for being Arizona's oldest European structure. Additionally, the Titan Missile Museum, the last remaining Titan II site from the Cold War era, provides a unique perspective on historic military infrastructure. AbbVie Inc. retirees should take these attractions into consideration when deciding where they would like to retire. 


Culturally, the region thrives with the artistic vibrancy of Tubac, where numerous galleries and museums enrich the local cultural landscape. Green Valley itself promotes an active lifestyle with its remarkable communal facilities, such as more than ten pools, various tennis and pickleball courts, and six fitness centers. The community offers a variety of classes and activities, ranging from foreign language courses to yoga, catering to different interests and encouraging lifelong learning and engagement. These are perfect for AbbVie Inc. retirees looking to pick up new hobbies during their retirement years. 

Describing the lifestyle, Bell states, 'It's an adult summer camp.' Our entire community is designed for retirees to discover hidden talents, engage in passions, and rejuvenate. We are close enough to Tucson to enjoy world-renowned dining, culture, and entertainment, yet far enough to enjoy tranquility.

According to Realtor.com, Green Valley's proximity to a major urban center like Tucson enhances its appeal, offering numerous entertainment and cultural options. This proximity ensures that retirees have access to the best of both worlds—a peaceful neighborhood life bolstered by the amenities and conveniences of a large city.

Featured Video

Articles you may find interesting:

Loading...


In summary, as AbbVie Inc. employees approach retirement, places like Green Valley stand out not only for their serene environments and tailored amenities but also for their rich cultural heritage and strong community life. This destination offers a comprehensive lifestyle that promotes both relaxation and active engagement, essential for a fulfilling retirement.

Green Valley, Arizona, not only offers a beautiful retirement setting but also stands out for its exceptional healthcare services, which are a critical consideration for retirees. According to a 2023 U.S. News study, Arizona boasts several top hospitals offering specialized services for older adults. With easy access to these healthcare facilities from Green Valley, retirees can enjoy quality medical assistance while living in a peaceful environment. This healthcare accessibility is particularly attractive for AbbVie Inc. employees entering retirement, ensuring continuous health support during their golden years.

Choosing Green Valley, Arizona, for your  AbbVie Inc. retirement is akin to selecting a fine vintage wine—meticulously nurtured and perfectly balanced to enhance your golden years. Just as a wine connoisseur appreciates the rich history and refined qualities of a vintage, retirees will appreciate the serene landscape of Green Valley, its rich cultural past, and its well-planned amenities. This community combines the tranquility of a secluded retreat with the vibrancy of cultural and recreational activities, much like a wine that offers both a smooth note and a burst of flavors, ensuring a retirement that is as fulfilling as a fine wine enjoyed in peace.

What is the 401(k) plan offered by AbbVie Inc.?

The 401(k) plan offered by AbbVie Inc. is a retirement savings plan that allows employees to save a portion of their paycheck before taxes are taken out, helping them prepare for retirement.

How does AbbVie Inc. match employee contributions to the 401(k) plan?

AbbVie Inc. provides a matching contribution to employee 401(k) accounts, typically matching a percentage of the employee's contributions up to a certain limit.

What are the eligibility requirements for AbbVie Inc.'s 401(k) plan?

Employees of AbbVie Inc. are generally eligible to participate in the 401(k) plan after completing a certain period of service, which is outlined in the plan documentation.

Can AbbVie Inc. employees change their contribution rates to the 401(k) plan?

Yes, employees of AbbVie Inc. can change their contribution rates to the 401(k) plan at any time, subject to the plan's rules and limits.

What investment options are available in AbbVie Inc.'s 401(k) plan?

AbbVie Inc.'s 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to help employees diversify their retirement savings.

Is there a vesting schedule for AbbVie Inc.'s 401(k) matching contributions?

Yes, AbbVie Inc. has a vesting schedule for matching contributions, meaning employees must work for a certain period before they fully own the employer's contributions.

How can AbbVie Inc. employees access their 401(k) account information?

Employees of AbbVie Inc. can access their 401(k) account information through the company's designated retirement plan website or by contacting the plan administrator.

What happens to AbbVie Inc. employees' 401(k) accounts if they leave the company?

If AbbVie Inc. employees leave the company, they have several options regarding their 401(k) accounts, including rolling over the balance to another retirement account, cashing out, or leaving it in the AbbVie Inc. plan if permitted.

Are there any fees associated with AbbVie Inc.'s 401(k) plan?

Yes, AbbVie Inc.'s 401(k) plan may have certain administrative fees, investment fees, or other costs associated with managing the plan, which are disclosed to employees.

Can AbbVie Inc. employees take loans from their 401(k) accounts?

Yes, AbbVie Inc. allows employees to take loans from their 401(k) accounts under specific conditions set forth in the plan.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Aetna provides a defined contribution 401(k) plan with company matching contributions. Employees can contribute pre-tax or Roth (after-tax) dollars, and Aetna matches 100% of the first 6% of eligible compensation. The plan includes various investment options such as target-date funds, mutual funds, and a self-directed brokerage account. Aetna also offers an Employee Stock Purchase Plan (ESPP) with a discount on company stock. Financial planning resources and tools are available to help employees manage their retirement savings.
Layoffs and Restructuring: CVS Health, the parent company of Aetna, announced plans to cut 5,000 jobs nationwide, including 521 positions at Aetna, primarily in non-customer-facing roles. This move is part of a broader strategy to achieve $800 million in cost savings in 2024 (Sources: Connecticut Public, Beckers Payer). Impact on Connecticut: The layoffs will significantly impact the Hartford-based insurer, with a substantial number of affected employees working remotely but reporting to supervisors in Connecticut (Source: Connecticut Public). Operational Strategy: These changes align with CVS Health's focus on improving operational efficiency and financial performance (Sources: Connecticut Public, Beckers Payer).
Aetna, part of CVS Health, offers stock options and RSUs as part of its equity compensation packages. Stock options allow employees to purchase company stock at a set price post-vesting, while RSUs vest over several years. In 2022, Aetna enhanced its equity programs with performance-based RSUs. This continued in 2023 and 2024, with broader RSU programs and performance metrics for stock options. Executives and management receive significant portions of compensation in stock options and RSUs, promoting long-term commitment. [Source: Aetna Financial Reports 2022-2024, p. 92]
Aetna updated its employee healthcare benefits in 2022 with improved mental health support and preventive care services. The company introduced advanced digital tools and expanded telemedicine options. By 2023, Aetna continued to enhance its benefits package with additional wellness programs and comprehensive care solutions. For 2024, Aetna’s strategy focused on leveraging technology to provide innovative and comprehensive employee support. The updates aimed to address evolving health needs and improve overall well-being. Aetna’s approach reflected a commitment to maintaining robust healthcare benefits.
New call-to-action

Additional Articles

Check Out Articles for AbbVie Inc. employees

Loading...

For more information you can reach the plan administrator for AbbVie Inc. at 1 North Waukegan Road North Chicago, IL 60064; or by calling them at (847) 932-7900.

https://www.aetnaretirees.com/Documents/2022_Retiree_Resource_Guide.pdf - Page 8, https://www.benefitsaccountmanager.com/wp-content/uploads/2023/04/2023-US-Costco-Employee-Benefit-Plan-Changes-Booklet.pdf - Page 12, https://emeriti.aetnamedicare.com/2023-aetna-plus-ppo-plan-benefits.pdf - Page 15, https://www.opm.gov/healthcare-insurance/healthcare/plan-information/plan-codes/2024/brochures/73-828.pdf - Page 22, https://www.mynavyexchange.com/assets/Static/ARC/2024-Benefits-Enrollment-Guide.pdf - Page 18, https://mcforms.mayo.edu/mc1000-mc1099/mc1034-43.pdf - Page 20, https://www.aetnaretirees.com/Documents/Aetna_Medicare_Advantage_Plan_2023.pdf - Page 14, https://www.aetnaretirees.com/Documents/2024_Aetna_PPO_Plan.pdf - Page 28, https://www.aetnaretirees.com/Documents/2023_Aetna_Employee_Benefits.pdf - Page 17, https://www.aetnaretirees.com/Documents/2022_Aetna_Health_Insurance.pdf - Page 11

*Please see disclaimer for more information

Relevant Articles

Check Out Articles for AbbVie Inc. employees