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Why Green Valley, Arizona, is the Ideal Retirement Destination for Fleetcor Technologies Employees

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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 Fleetcor Technologies 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. Fleetcor Technologies 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 Fleetcor Technologies 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.

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In summary, as Fleetcor Technologies 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 Fleetcor Technologies employees entering retirement, ensuring continuous health support during their golden years.

Choosing Green Valley, Arizona, for your Fleetcor Technologies 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 type of retirement plan does Fleetcor Technologies offer to its employees?

Fleetcor Technologies offers a 401(k) retirement savings plan to its employees.

How can employees of Fleetcor Technologies enroll in the 401(k) plan?

Employees of Fleetcor Technologies can enroll in the 401(k) plan through the company's HR portal or by contacting the HR department for assistance.

Does Fleetcor Technologies match employee contributions to the 401(k) plan?

Yes, Fleetcor Technologies provides a matching contribution to employees' 401(k) plan contributions, subject to specific terms and conditions.

What is the maximum contribution limit for the Fleetcor Technologies 401(k) plan?

The maximum contribution limit for the Fleetcor Technologies 401(k) plan is in line with IRS guidelines, which can change annually. Employees should refer to the current IRS limits for specifics.

Can employees of Fleetcor Technologies change their contribution percentage to the 401(k) plan?

Yes, employees of Fleetcor Technologies can change their contribution percentage at any time by accessing their account through the HR portal.

What investment options are available in the Fleetcor Technologies 401(k) plan?

The Fleetcor Technologies 401(k) plan offers a variety of investment options, including mutual funds, stocks, and bonds, allowing employees to choose based on their risk tolerance and retirement goals.

When can employees of Fleetcor Technologies start withdrawing from their 401(k) plan?

Employees of Fleetcor Technologies can start withdrawing from their 401(k) plan at age 59½, or earlier under certain circumstances, such as financial hardship.

Does Fleetcor Technologies allow loans against the 401(k) plan?

Yes, Fleetcor Technologies allows employees to take loans against their 401(k) plan, subject to specific terms and conditions outlined in the plan documents.

What happens to my 401(k) account if I leave Fleetcor Technologies?

If an employee leaves Fleetcor Technologies, they have several options for their 401(k) account, including leaving it with Fleetcor, rolling it over to another retirement account, or cashing it out (though this may incur taxes and penalties).

Is there a vesting schedule for the matching contributions at Fleetcor Technologies?

Yes, Fleetcor Technologies has a vesting schedule for matching contributions, which means employees must work for a certain period before they fully own the matched funds.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.

Flowserve offers both a 401(k) plan and a defined benefit pension plan to its employees. Flowserve's 401(k) plan provides a company match of $0.75 for every dollar contributed by employees, up to 6% of their salary. This employer match is a significant benefit, encouraging employees to save for retirement while receiving additional contributions from the company. The 401(k) plan at Flowserve is well-regarded for its Roth option, introduced alongside traditional tax-deferred options, allowing employees more flexibility in how they manage their retirement savings (Guideline) (Home Page). Additionally, Flowserve offers a Cash Balance Plan for certain employees, which is the company's defined benefit pension plan. The Cash Balance Plan provides retirement benefits based on a percentage of the employee’s annual salary and years of service. As the employee's salary increases, so does the balance in their pension plan, which earns interest each year. The Cash Balance Plan formula is structured to accumulate gradually, providing a predictable retirement income for employees who meet the plan's eligibility criteria

Restructuring Layoffs: Fleetcor Technologies, rebranded as Corpay in 2024, has been undergoing significant changes to align with its new corporate identity. This rebranding is part of a broader strategy to streamline operations and focus on its core business segments. Although no specific layoffs have been officially announced, the restructuring efforts may lead to potential workforce reductions as the company refocuses its resources. Given the current economic pressures, these changes are crucial for maintaining competitiveness and ensuring long-term financial stability. Benefit and Pension Changes: Corpay has not disclosed any direct changes to employee benefits or pension plans as part of its recent transformation. However, given the ongoing economic and political uncertainties, employees should remain vigilant for any future announcements. Changes in tax policies and economic conditions can directly influence corporate benefit decisions, making it essential to monitor updates that may affect retirement planning and financial well-being

Fleetcor Technologies (NYSE: FLT) offers both stock options and Restricted Stock Units (RSUs) as part of its employee compensation package, primarily under its Amended and Restated Stock Incentive Plan. These options and RSUs are typically awarded to senior management and key employees to align their interests with the long-term performance of the company. Stock Options at Fleetcor allow employees to purchase company stock at a predetermined price, known as the exercise price, after a specified vesting period. The options generally vest over several years and can be exercised upon the completion of this period. The exact terms, including the vesting schedule and the exercise price, are detailed in Fleetcor’s stock incentive plan documents. RSUs represent a promise to deliver company shares to employees at a future date, typically upon meeting certain performance goals or after a vesting period. These RSUs do not require any purchase or exercise by the employee; instead, the shares are automatically granted upon vesting. RSUs are often used as a retention tool, providing employees with a significant financial incentive to remain with the company over the long term. In 2022, 2023, and 2024, Fleetcor continued to grant these stock options and RSUs to key employees, emphasizing long-term value creation and retention. Employees eligible for these benefits typically include senior executives and individuals in roles that directly impact the company's strategic objectives.

Fleetcor Technologies has been actively enhancing its employee health benefits over the past few years, particularly focusing on mental health and wellness initiatives. In 2022, Fleetcor's UK branch received recognition for its commitment to mental health by winning a Gold Award in the Workplace Wellbeing Index from the mental health charity, Mind. This award reflects the company's efforts in training managers in mental health awareness and appointing Mental Health First Aiders across the organization. Additionally, Fleetcor offers a comprehensive health benefits package to its employees, which includes coverage for medical, dental, and vision care. The company has also been focusing on providing wellness programs that promote healthy lifestyles, which are integrated into their healthcare plans. Specific terms related to these benefits include "Mental Health First Aider," which is part of their mental health support structure, and "Wellbeing Index," which measures the effectiveness of their mental health initiatives.

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

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