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

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Top Retirement Destinations for Americold Realty Trust Employees: Discover Where You Can Thrive in Your Golden Years

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Healthcare Provider Update: Healthcare Provider for Americold Realty Trust: Americold Realty Trust does not directly list a specific healthcare provider within the available data. However, it typically offers employee health benefits through common providers affiliated with its health plans. Employees are encouraged to review their benefits package for pertinent details regarding insurance networks and available healthcare providers. Healthcare Cost Increases in 2026: As Americold Realty Trust prepares for 2026, employees should brace for significant increases in healthcare costs. Premiums on Affordable Care Act (ACA) marketplace plans are anticipated to surge, with some states projecting hikes of over 60%. The expiration of enhanced federal subsidies, coupled with rising medical costs and aggressive rate increases from major insurers, may result in employees facing out-of-pocket premiums increasing by over 75%. Understanding these changes will be vital for Americold employees to manage their financial planning effectively in the coming year. Click here to learn more

In a recent survey by  Bankrate , Delaware has been identified as the premier state for retirement, ranking first in the company's annual survey, which assesses key elements influencing retirees' decisions. This year, Delaware rose from second place, surpassing Iowa, which now finds itself at ninth due to increased living expenses, property taxes, and homeowner insurance costs.

The Bankrate evaluation involved a comprehensive analysis of several data points across all states, excluding the District of Columbia. The rankings were based on five major categories: affordability (40% of the total score), overall well-being (25%), healthcare costs and quality (20%), weather (10%), and crime rate (5%). Americold Realty Trust employees will find these factors essential when considering where to enjoy their retirement.

Often overlooked as a retirement destination, Delaware boasts numerous benefits that have solidified its status among retirees. It offers superior healthcare services, a favorable tax environment with no state or municipal tax, and an exemption from Social Security benefit taxes, enhancing its affordability. Despite higher-than-average living expenses, these financial perks make Delaware an attractive option for those seeking a stable post-career life.

The demographic profile of the country is notable for its high proportion of residents aged 62 and older, which enriches its collective diversity. However, Delaware does have areas of concern, including crime rates and the cost of living, which have not been as favorable. For Americold Realty Trust retirees, understanding these dynamics is crucial to making an informed decision.

Alongside Delaware were West Virginia, Georgia, South Carolina, and Missouri, all renowned for their great affordability. In particular, West Virginia's low living and real estate expenses, coupled with affordable home insurance, secured its second-place position, even though it achieved better health quality. Georgia advanced from fifth to third place last year due to lower living expenses and home insurance rates, despite continuing issues with healthcare and crime. South Carolina, ranked fourth since the nineteenth century, is valued for its affordability and climate, despite crime-related challenges.

In contrast, the states deemed least favorable for retirement included Alaska, New York, Washington, California, and North Dakota. Alaska remained the least favored due to its poor accessibility and adverse weather conditions. High living costs are a common challenge across the Northeast and West, affecting retirees' financial stability and their ability to maintain their savings. Americold Realty Trust employees should consider these factors when planning their retirement locations.

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Bankrate's study underscores the importance of feasibility in retirement planning, especially as many Americans feel financially unprepared for their retirement years. Relocating to a state that offers financial benefits can be a strategic decision for those nearing retirement age, thus allowing them to maximize their savings and enhance their quality of life during their golden years. This approach is particularly significant for individuals who are behind on their retirement savings, as moving to a more affordable location can significantly extend the duration and comfort of their retirement funds.

An often overlooked aspect of retirement planning is the availability of senior-friendly recreational activities, which can significantly enhance quality of life. For example, South Carolina, ranked fourth among the best states for retirement, offers a wide range of senior-friendly recreational activities, including over 360 golf courses and numerous national parks. This infrastructure not only provides entertainment but also opportunities for physical activity and socialization, which are essential for maintaining health and well-being in later life. Americold Realty Trust retirees might find such states especially appealing for their active and engaging post-retirement lifestyle.

What type of retirement savings plan does Americold Realty Trust offer to its employees?

Americold Realty Trust offers a 401(k) retirement savings plan to its employees.

Does Americold Realty Trust match employee contributions to the 401(k) plan?

Yes, Americold Realty Trust provides a matching contribution to employee 401(k) plan contributions, subject to certain limits.

What is the eligibility requirement for employees to participate in Americold Realty Trust's 401(k) plan?

Employees of Americold Realty Trust are typically eligible to participate in the 401(k) plan after completing a specified period of service.

Can employees of Americold Realty Trust choose how their 401(k) contributions are invested?

Yes, employees of Americold Realty Trust can choose from a variety of investment options for their 401(k) contributions.

What is the maximum contribution limit for the Americold Realty Trust 401(k) plan?

The maximum contribution limit for the Americold Realty Trust 401(k) plan is subject to IRS limits, which may change annually.

Does Americold Realty Trust allow for catch-up contributions in its 401(k) plan?

Yes, Americold Realty Trust allows employees aged 50 and older to make catch-up contributions to their 401(k) plan.

What happens to my 401(k) balance if I leave Americold Realty Trust?

If you leave Americold Realty Trust, you can choose to roll over your 401(k) balance to another retirement account, cash it out, or leave it in the Americold Realty Trust plan if permitted.

Are loans available against the 401(k) plan at Americold Realty Trust?

Yes, Americold Realty Trust allows eligible employees to take loans against their 401(k) balance under certain conditions.

How often can employees change their contribution amounts to the Americold Realty Trust 401(k) plan?

Employees of Americold Realty Trust can typically change their contribution amounts at any time, subject to plan rules.

Is there a vesting schedule for the employer match in the Americold Realty Trust 401(k) plan?

Yes, Americold Realty Trust has a vesting schedule for the employer match, which means employees must work for a certain period to 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.
In 2024, Americold Realty Trust announced a restructuring plan that includes a reduction in workforce and changes to its pension plan. The company aims to streamline operations and cut costs amid a challenging economic environment.
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For more information you can reach the plan administrator for Americold Realty Trust at 10 Glenlake Parkway, Suite 800, Atlanta, GA 30328; or by calling them at (770) 418-9288.

*Please see disclaimer for more information

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