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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 Keysight Technologies Employees: Discover Where You Can Thrive in Your Golden Years

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Healthcare Provider Update: Healthcare Provider for Keysight Technologies Keysight Technologies partners with various health insurance carriers to provide healthcare options to its employees. Typically, companies of this size collaborate with major national insurers such as UnitedHealthcare, Anthem (Elevance Health), or Cigna, offering comprehensive health plans that cover a range of medical services. However, the specific provider used by Keysight may vary based on employee location and plan choices. Healthcare Cost Increases in 2026 As we approach 2026, healthcare costs are projected to see considerable increases, with premiums for Affordable Care Act (ACA) marketplace plans expected to rise sharply. Various states have already reported anticipated hikes-some exceeding 60%-driven by factors such as rising medical expenses and the potential loss of enhanced federal subsidies. With over 22 million enrollees potentially feeling the impact, many could face premium increases of over 75%, complicating access to affordable healthcare amidst deteriorating economic conditions. This significant rise poses challenges for consumers and underscores the urgency for strategic planning to mitigate financial impacts. 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%). Keysight Technologies 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 Keysight Technologies 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. Keysight Technologies 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. Keysight Technologies retirees might find such states especially appealing for their active and engaging post-retirement lifestyle.

What type of retirement savings plan does Keysight Technologies offer?

Keysight Technologies offers a 401(k) retirement savings plan to help employees save for their future.

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

Yes, Keysight Technologies provides a matching contribution to employee 401(k) plans, enhancing the overall savings potential.

What is the eligibility requirement for Keysight Technologies' 401(k) plan?

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

Can employees at Keysight Technologies choose how their 401(k) contributions are invested?

Yes, employees at Keysight Technologies can choose from a variety of investment options within the 401(k) plan to align with their individual financial goals.

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

The maximum contribution limit for the 401(k) plan at Keysight Technologies is determined by IRS regulations, which may change annually.

How often can employees at Keysight Technologies change their 401(k) contribution amounts?

Employees at Keysight Technologies can change their 401(k) contribution amounts at any time, typically through the company’s benefits portal.

Does Keysight Technologies offer a Roth 401(k) option?

Yes, Keysight Technologies offers a Roth 401(k) option, allowing employees to make after-tax contributions for potential tax-free withdrawals in retirement.

What happens to my 401(k) savings if I leave Keysight Technologies?

If you leave Keysight Technologies, you have several options for your 401(k) savings, including rolling it over to another retirement account, cashing it out, or leaving it in the Keysight Technologies plan if allowed.

Are there any fees associated with the 401(k) plan at Keysight Technologies?

Yes, there may be administrative fees associated with the 401(k) plan at Keysight Technologies, which are typically disclosed in the plan documents.

How can I access my 401(k) account information at Keysight Technologies?

Employees can access their 401(k) account information through the Keysight Technologies benefits portal or by contacting the plan administrator.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Keysight Technologies offers competitive retirement benefits, including a 401(k) plan. For employees hired on or after August 1, 2015, the company provides a matching contribution of $1 for every $1 contributed by the employee, up to 4% of their pay, and $0.50 for every additional $1 contributed on the next 4%. This means contributions above 8% are not matched by Keysight. For those hired before August 1, 2015, the matching contribution is $1 for every $1 up to 3%, with an additional $0.50 for contributions on the next 2% of pay. Employees can contribute pre-tax and Roth after-tax contributions to the 401(k) plan, though catch-up and after-tax contributions are not eligible for matching​ (Keysight MatchMaximizer). Keysight Technologies caps the eligible compensation for matching contributions at $345,000, following the IRS 401(a)(17) limit for 2024. However, there is no compensation cap for employee contributions, which are limited to the IRS 402(g) annual limit of $23,000 in 2024. Employees aged 50 and older may also contribute up to $7,500 as a catch-up contribution​
Keysight Technologies reported significant restructuring activities in 2023-2024, including cost-cutting measures and workforce adjustments as part of their strategy to streamline operations. Although the company has demonstrated solid performance in its financial results, there were notable reductions in operational expenditures, including employee compensation and layoffs, primarily due to constrained demand in semiconductor and manufacturing sectors​ (Keysight Investor)​ (Keysight Investor). It is crucial to address these restructuring measures as they reflect the broader economic climate of the tech industry, influenced by fluctuating demand and rising interest rates. For employees, such layoffs could impact retirement planning, pensions, and benefits, especially amid heightened uncertainty around tax laws and potential regulatory changes in the global market.
Stock Options: At Keysight Technologies, stock options are made available to a broad range of employees, particularly those in leadership and key technical roles. These stock options (KEYSO) allow employees to purchase company shares at a predetermined price, offering potential gains as the stock price appreciates. This aligns employees' financial interests with the company's performance. Stock options are typically granted annually, and vesting occurs over a defined period, commonly three to four years, with eligibility depending on the employee's role and tenure. Restricted Stock Units (RSUs): RSUs (KEYRSU) are a prominent part of Keysight's compensation structure, granted primarily to senior employees and high performers. These units represent a promise to deliver company shares at a future date once vesting conditions, such as continued employment or performance targets, are met. RSUs provide an additional incentive for long-term employment and are often part of executive compensation packages. Like stock options, RSUs are awarded annually with multi-year vesting schedules.
Keysight Technologies offers comprehensive health benefits designed to cater to various employee needs, emphasizing affordability and flexibility. The company provides options such as a High Deductible Health Plan (HDHP) with Health Savings Account (HSA) compatibility, which is a popular choice among employees for its tax benefits and lower premiums. The company also includes a lower-deductible plan with higher monthly premiums, catering to those preferring more predictable healthcare expenses. Dental and vision care benefits are part of their offerings, enhancing overall wellness coverage. Keysight has introduced wellness initiatives, such as preventive care incentives, which include routine exams, screenings, and immunizations, to encourage a healthier workforce. The company's health benefits package aligns with its efforts to foster employee well-being by offering both flexibility and robust coverage, including extensive family care options. In recent years, employees have appreciated the ability to select between these two medical plan types, based on their personal or family health needs.
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For more information you can reach the plan administrator for Keysight Technologies at , ; or by calling them at .

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