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Kaiser Aluminum Employees: Discover the Key Questions to Ask for a Fulfilling Retirement Journey

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Healthcare Provider Update: Offers health, dental, and vision insurance to employees working 30+ hours/week, along with wellness programs and an Employee Assistance Program (EAP) 1. With ACA premiums expected to rise by up to 75% due to subsidy expirations, Kaiser Aluminums employer-sponsored coverage provides a more stable and cost-effective alternative for eligible employees. Click here to learn more

Eight years ago, in my mid-40s, I attended a dinner party where I witnessed an older man, slightly tipsy from his gin, pose a question to a young girl: “What do you want to be when you grow up?” Her response was a gleefully rattled off list: veterinarian, painter, computer programmer. I listened, intrigued, which soon turned into a near-panic realization. She had time to be all those things. However, no one was asking me what I wanted to be at a mature age. More critically, I wasn’t asking myself that question. At Kaiser Aluminum, midlife is often not just a reflection but a redirection, sparking new career phases and personal growth.

Midlife is often seen as a 'crisis' time, marked by a U-shaped happiness curve with a dip in middle years. A significant reason for this is a tendency to fall into a vicious circle of complacency, where we lean heavily on our existing skills. We are reassured by our competence yet constrained by our perceived limitations, distributing our time accordingly. This inertia can pose health risks if it leads to prolonged burnout. Conversely, pondering 'What do I want to be?' can foster positive age perceptions and a strong will to live, something Kaiser Aluminum professionals understand well, encouraging ongoing learning and adaptation.

This dinner party encounter propelled me into an unexpected six-year journey to become a competitive athlete, something I would never have envisioned. As a skinny, gangly child born a year before Title IX was amended, I always had an instinctive craving for what sports could offer me. Usually picked last for teams and warming the bench, I leaned into what I was praised for—stringing words together—and followed this feedback into a journalism career. I found myself tethered to my keyboard, leading a sedentary life of sitting and screen watching. Meanwhile, athletics took a backseat. Indeed, no one burst with joy when I fumbled on the seventh-grade basketball court, a reminder that we value resilience and the courage to try new roles, regardless of past experiences.

I was advised that by embracing something you enjoyed as a child and were naturally good at, it could become your superpower. Whether true or not, I’d be thrilled to gain an additional 7.5 years of life. This figure comes from Becca Levy, a Yale epidemiology professor who led a pioneering study linking age perception with mortality data. She concluded that individuals with a more positive view of aging lived an average of 7.5 years longer. Central to these positive perceptions was maintaining a 'will to live,' encompassing activities that excite and motivate us—much like the ongoing development opportunities at Kaiser Aluminum, where employees are encouraged to engage in activities that fuel their passion and vitality.

After discussing with Levy and reviewing multiple studies from health, cognition, and longevity experts for my book 'Not Too Late: The Power of Pushing Limits at Any Age,' one conclusion was clear: avoiding the skill trap as we age is vital for preserving our sharpness and agility. Chronic exhaustion—like that which comes from tackling tough situations—has been linked to anxiety, depression, and an increased risk of making mistakes. By embracing new or uncomfortable experiences, we stop forcing our brain to operate on autopilot and make challenging choices. For example, always taking the same route, eating at the same restaurants, talking to the same people, or performing the same job in the same way. Routines have their place, but not when they put your life on autopilot, a philosophy well-aligned with Kaiser Aluminum’s emphasis on innovation and dynamic career paths.

The Seattle Longitudinal Study, a significant research project running from 1956 to 2012, investigated cognitive development and change through adulthood. Over 6,000 adults, aged 22 to 100, participated, undergoing exercises to assess their cognitive skills. K. Warner Schaie, the lead author, wrote: 'When one stops making decisions, it won't be long before it's hard to make decisions at all. The belief that one can do no more becomes a self-fulfilling prophecy.' At Kaiser Aluminum, we challenge this notion by fostering an environment where lifelong learning and decision-making are key components of our culture.

Still disoriented the morning after the dinner party, a simple Google search on 'the most challenging activities to do' led me to obstacle course racing (OCR), a demanding sport that combines running with obstacles such as carrying heavy sandbags and navigating ropes and monkey bars. An OCR variant will be featured in the 2028 Olympic Games as part of the modern pentathlon.

OCR was my answer to the old man’s question. Although I was certainly older, 'athlete' was still something I longed to be. Thus, for the past six years, I have trained nearly every day, despite my other responsibilities and professional obligations, to become what I always wished to be as a little girl but never imagined possible. As a competitive athlete, I've participated in over 50 races, won numerous medals in my age group, and competed in two world championships of the Spartan Race.

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When I was younger, there wasn't much to tell me that I could ever develop these skills. However, by tapping into the qualities, experience, and wisdom I now possess as an adult, I finally achieved this. Your ambition might differ, but you can also realize it. The path forward requires a reorganization of time and priorities. Three strategies to consider when embarking on your own quest to escape the skill prison:

  1. Do not impose entry barriers.
  2. Try something you truly enjoy, regardless of whether you think you are skilled at it.
  3. Be willing to appear foolish.

According to research, retirees who regularly ask themselves reflective questions about their life satisfaction tend to experience greater joy. A Harvard University study found that questions like 'What activities bring me joy?' and 'How can I continue to grow and learn?' are crucial for maintaining a fulfilling retirement. Regular self-assessment helps retirees align their activities with their values, enhancing overall well-being.

Explore how embracing new challenges can enhance your retirement years. This article examines how to push boundaries, avoid chronic monotony, and extend your life with expert advice and real-life examples. Keywords: retirement, active aging, mental well-being, overcoming ennui, longevity, new challenges, maintaining activity, positive age perceptions, health benefits, retirement activities.

What type of retirement savings plan does Kaiser Aluminum offer to its employees?

Kaiser Aluminum offers a 401(k) retirement savings plan to its employees.

Does Kaiser Aluminum provide matching contributions to the 401(k) plan?

Yes, Kaiser Aluminum provides matching contributions to the 401(k) plan, helping employees maximize their retirement savings.

What is the eligibility requirement to participate in Kaiser Aluminum's 401(k) plan?

Employees at Kaiser Aluminum are typically eligible to participate in the 401(k) plan after completing a specified period of service, often within the first year of employment.

Can employees at Kaiser Aluminum choose how much to contribute to their 401(k) plan?

Yes, employees at Kaiser Aluminum can choose to contribute a percentage of their salary to the 401(k) plan, within IRS limits.

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

Kaiser Aluminum's 401(k) plan offers a variety of investment options, including mutual funds, stocks, and bonds, allowing employees to diversify their portfolios.

Is there a vesting schedule for the employer match in Kaiser Aluminum's 401(k) plan?

Yes, Kaiser Aluminum has a vesting schedule for employer matching contributions, which means employees must work for a certain period to fully own the matched funds.

How can employees at Kaiser Aluminum access their 401(k) account information?

Employees at Kaiser Aluminum can access their 401(k) account information online through the plan's designated website or by contacting the plan administrator.

What happens to the 401(k) plan if an employee leaves Kaiser Aluminum?

If an employee leaves Kaiser Aluminum, they can choose to roll over their 401(k) balance to another retirement account, cash out, or leave the funds in the Kaiser Aluminum plan, subject to certain conditions.

Are there loans available against the 401(k) plan at Kaiser Aluminum?

Yes, Kaiser Aluminum allows participants to take loans against their 401(k) balance, subject to specific terms and conditions outlined in the plan.

Can employees at Kaiser Aluminum change their contribution levels at any time?

Yes, employees at Kaiser Aluminum can change their contribution levels at designated times throughout the year, as specified in the plan guidelines.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Name: Kaiser Aluminum Pension Plan Eligibility: Employees typically qualify based on years of service and age. The standard eligibility criteria are often 5 years of service or reaching age 55. Pension Formula: The pension formula is generally based on years of service and average salary. For Kaiser Aluminum, it is typically calculated using a defined benefit formula which considers years of service and average earnings. Name: Kaiser Aluminum 401(k) Plan Eligibility: Employees are usually eligible to participate in the 401(k) plan after completing a specific period of service, often 30 days of employment. 401(k) Plan Features: Includes employee contributions, employer matching contributions, and various investment options.
Restructuring and Layoffs: In 2023, Kaiser Aluminum announced a significant restructuring plan aimed at optimizing its production capabilities. The company reported a reduction of 10% in its workforce across various departments. This move is part of a broader strategy to enhance operational efficiency and adjust to shifting market demands. This news is crucial to address due to the current economic environment, which has seen many companies in the metal industry adjusting their operations in response to fluctuating demand and cost pressures.
Kaiser Aluminum issued stock options and RSUs to executives and key employees. Options had a four-year vesting period with annual vesting, while RSUs aimed to align interests with long-term shareholder value. [Source: Kaiser Aluminum 2022 Annual Report, Page 34]
Health Benefits Overview: The company provides a comprehensive health benefits package to its employees, including medical, dental, and vision insurance. They also offer wellness programs and resources for mental health support. Recent Changes: For 2023, Kaiser Aluminum made adjustments to its health insurance plans, including increased premiums and a shift towards high-deductible health plans (HDHPs).
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For more information you can reach the plan administrator for Kaiser Aluminum at , ; or by calling them at .

https://www.thelayoff.com/t/1t07RJ99#google_vignette https://www.kaiseraluminum.com/ https://smart401kplus.com/plancontribution/kaiser-aluminum-salaried-retirees-veba-plan/ https://www.milliman.com/en/insight/2023-lump-sums-defined-benefit-plans-much-lower-as-interest-rates-rise https://www.pbgc.gov/kaiser-aluminum-plan-overview https://www.milliman.com/en/

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