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Navigating International Marriage: Essential Visa Insights for Catalent Employees

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Healthcare Provider Update: Healthcare Provider for Catalent Catalent, a prominent player in the biopharmaceutical industry, collaborates with various healthcare providers to optimize its services. One of the notable healthcare partners for Catalent is UnitedHealthcare, which often works with organizations like Catalent to ensure streamlined processes in drug delivery and related healthcare services. Potential Healthcare Cost Increases in 2026 In 2026, healthcare costs are expected to rise significantly, primarily driven by looming federal policies and medical inflation. Reports indicate that Affordable Care Act (ACA) premiums may surge due to the potential expiration of enhanced premium subsidies, causing many policyholders to face out-of-pocket increases of over 75%. Insurers are already proposing steep rate hikes, with some states expected to see increases as high as 66%. This combination of factors, including rising healthcare service costs and more aggressive premium strategies from insurers, is set to intensify financial pressures on consumers in the coming year. Click here to learn more

Marriage transcends geographical boundaries, and when it involves a partner from another country, the complexities of immigration law come into play. This study, conducted in collaboration with immigration attorney  Julia Funke, Esq. , provides an in-depth analysis of visa options for non-American citizens and strategic use of marriage agreements. Catalent employees, especially those engaged with partners of different nationalities, should be aware of these rule and regulations when planning for their financial future.

Identifying Visa Options

Catalent employees considering bringing a non-American citizen to the United States, selecting the right visa is crucial. It’s a misconception that the K-1 visa, prominently featured on the reality TV show '90-Day Fiancé,' is the only option. There are three essential types of visas, each suited to different circumstances:

1. K-1 Visa (Fiancé Visa): Allows a non-American fiancé to enter the United States on the condition that the marriage occurs within 90 days. As of November 2023, the processing time for an I-129F application, necessary to obtain this visa, is about 12.5 months. Further documentation is required afterward to secure a green card, which can extend the entire process by an additional year.

2. CR-1 Visa (Spouse of a U.S. Citizen): For marriages under two years, the CR-1 visa issues a conditional green card valid for two years. Couples must file an I-751 form before this period ends to prove the validity of the marriage and obtain a ten-year green card. This visa allows the foreign spouse to adjust their status within the United States if they already hold another visa or undergo consular processing abroad.

3. IR-1 Visa (Immediate Relative Spouse Visa): Suitable for couples married for more than two years, offering a ten-year unconditional green card. This option simplifies the process by eliminating the need for later verifications.

Catalent employees should be aware of the complexity of these options as they highlight the importance of consulting an experienced immigration lawyer to effectively navigate the legal nuances.

The Role of the Affidavit of Support

A critical yet often overlooked document in the immigration process is the Affidavit of Support. This contract between the American citizen and the government stipulates that the American will provide financial support to the non-American spouse until they both become U.S. citizens or complete 40 quarters of work (10 years). This commitment remains valid even in the event of a divorce, unless the spouse gains citizenship, completes the required work quarters, or finds another sponsor.

Strategic Management of Prenuptial Agreements

Prenuptial agreements play a crucial role in managing the financial responsibilities outlined in the  Affidavit of Support . These agreements can:

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1. Limit financial obligations to those stated in the Affidavit of Support in the event of a divorce.

2. Set a deadline for the immigrant spouse to begin the citizenship process, thus reducing the risk of indefinite financial liability.

3. Align expectations and facilitate clear communication about financial responsibilities and procedures, which is essential to prevent conflicts.

In conclusion, marrying a non-American involves not only romantic commitments but also significant legal and financial considerations. Catalent employees should understand the different visa pathways and the implications of the Affidavit of Support, as well as the strategic use of marriage agreements, so they can more effectively address these challenges. It's crucial to grasp these elements to ensure a smooth transition and a stable future for bi-national couples looking to build their lives in the United States.

For Catalent employees considering the long-term financial well-being of their adult children, especially those engaged with partners of different nationalities, a marriage agreement is an essential risk management tool. Recent studies, such as a 2023 survey by the  American Academy of Matrimonial Lawyers , show an increasing trend in using prenuptial agreements to preserve pre-existing family legacies and assets in international marriages. This legal protection helps safeguard the financial foundations established by previous generations, reducing potential legal disputes and ensuring family legacies across international borders.

What is the Catalent 401(k) Savings Plan?

The Catalent 401(k) Savings Plan is a retirement savings plan that allows employees to save for their future by contributing a portion of their salary on a pre-tax or Roth after-tax basis.

How can I enroll in the Catalent 401(k) Savings Plan?

Employees can enroll in the Catalent 401(k) Savings Plan by accessing the benefits portal or contacting Human Resources for guidance on the enrollment process.

What are the eligibility requirements for the Catalent 401(k) Savings Plan?

To be eligible for the Catalent 401(k) Savings Plan, employees typically need to be at least 21 years old and have completed a specified period of service with the company.

Does Catalent offer a company match for the 401(k) Savings Plan?

Yes, Catalent offers a company match for contributions made to the 401(k) Savings Plan, which helps employees maximize their retirement savings.

How much can I contribute to the Catalent 401(k) Savings Plan?

Employees can contribute up to the IRS annual limit to the Catalent 401(k) Savings Plan, which may vary each year. It’s important to check the current limits.

When can I start making contributions to the Catalent 401(k) Savings Plan?

Employees can start making contributions to the Catalent 401(k) Savings Plan after they complete the eligibility requirements and enroll in the plan.

Can I change my contribution amount in the Catalent 401(k) Savings Plan?

Yes, employees can change their contribution amount at any time during the year by accessing the benefits portal or contacting Human Resources.

What investment options are available in the Catalent 401(k) Savings Plan?

The Catalent 401(k) Savings Plan offers a variety of investment options, including mutual funds and target-date funds, allowing employees to choose based on their risk tolerance and retirement goals.

How often can I change my investment allocations in the Catalent 401(k) Savings Plan?

Employees can change their investment allocations in the Catalent 401(k) Savings Plan at any time, subject to the plan's trading restrictions.

What happens to my Catalent 401(k) Savings Plan if I leave the company?

If you leave Catalent, you have several options for your 401(k) Savings Plan, including rolling it over to another qualified plan, cashing it out, or leaving it in the Catalent plan if permitted.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Catalent's Pension Plan: Catalent offers a comprehensive retirement benefits package designed to support its employees' financial wellness. The primary pension plan provided by Catalent is known as the "Catalent Pension Plan." This plan includes a defined benefit formula based on an employee’s years of service and final average pay. Typically, to qualify for the pension plan, employees must have a minimum of five years of service and be at least 55 years of age. The specific pension formula details and eligibility criteria are laid out in the employee benefits documentation provided internally by Catalent​ (Catalent)​ (Catalent Investor Relations)​ (FiercePharma). Catalent's 401(k) Plan: Catalent also offers a 401(k) plan to its employees, which is referred to as the "Catalent 401(k) Savings Plan." Employees are eligible to participate in the 401(k) plan from their first day of employment. The company provides a generous matching contribution, where Catalent matches 50% of the first 6% of the employee's contributions. This plan is designed to help employees save for retirement with the added benefit of tax deferral on contributions and earnings​
Catalent has been undergoing significant restructuring since 2023, including multiple rounds of layoffs affecting various facilities. In late 2023, the company laid off approximately 300 employees as part of a cost-cutting initiative aimed at consolidating its facilities. This was followed by further layoffs in early 2024, including the reduction of 130 staff members at its Bloomington, Indiana site, which is being sold to Novo Nordisk as part of a broader $16.5 billion acquisition deal expected to close by the end of 2024. The restructuring is driven by reduced demand for COVID-19-related services and a need to increase efficiency and reduce costs across its operations. Importance: Addressing this news is crucial due to the current economic environment, where companies are navigating the aftermath of the pandemic, fluctuating demand, and economic pressures. These changes also reflect broader trends in the biopharma industry, where consolidation and cost-cutting measures are common as companies adjust to new market realities​
Stock Options: Catalent offers stock options to its employees as part of its long-term incentive plan. These options are designed to align the interests of employees with those of shareholders. Employees receive the right to purchase company stock at a predetermined price, known as the exercise price, after a specified vesting period. Restricted Stock Units (RSUs): Catalent also provides RSUs to its employees, which represent a promise to deliver shares of the company's stock in the future. RSUs typically vest over a period of time, encouraging employees to remain with the company. Once vested, the RSUs are converted into shares, which the employee can then sell or hold.
Catalent offers a comprehensive suite of health benefits to its employees, designed to meet diverse needs and foster a healthy lifestyle. Their health insurance plans cover a wide range of medical services, emphasizing both personal and financial wellness. Employees have access to wellness programs, which aim to manage healthcare costs and encourage a healthy lifestyle. These programs include health insurance, wellness incentives, and various support resources to balance work and personal life, such as generous paid time off and flexible work arrangements. In 2022, 2023, and 2024, Catalent continued to enhance its benefits offerings, aligning them with industry standards and employee needs. Recent updates include tuition reimbursement, global scholarship programs for employees' children, and comprehensive retirement plans. The company has also been recognized for its commitment to diversity and inclusion, receiving accolades as a “Best Place to Work for People with Disabilities” for consecutive years. Specific healthcare-related terms and acronyms frequently used by Catalent include "OptiDose® Design Solution," "RP Scherer Softgel Technology," and "OneXpress™ Solution," which refer to their proprietary technologies and approaches in pharmaceutical development and manufacturing. Recent employee healthcare news highlights Catalent's ongoing efforts to support employee well-being. For instance, their 2023 Corporate Responsibility Report details initiatives in employee health and wellness, such as investments in diverse and inclusive workplace practices and contributions to STEM education
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For more information you can reach the plan administrator for Catalent at 14 Schoolhouse Road Somerset, NJ 8873; or by calling them at +1 908-809-1300.

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