Healthcare Provider Update: Healthcare Provider for Rollins Corporation Rollins, Inc. collaborates with various healthcare providers for the medical benefits offered to its employees. While specific partnerships may vary, large employers like Rollins typically work with national insurance carriers such as UnitedHealthcare, Cigna, or Anthem/Blue Cross Blue Shield. Potential Healthcare Cost Increases in 2026 In 2026, Rollins employees could face significant healthcare cost increases, largely driven by anticipated hikes in Affordable Care Act (ACA) premiums. With some states projected to see premium increases exceeding 60%, employees may bear a larger share of healthcare costs. Compounding these challenges are expiring federal subsidies that, if not renewed, could push out-of-pocket expenses up by over 75% for many enrollees. This convergence of factors creates a precarious financial landscape for Rollins employees, necessitating proactive planning to manage rising healthcare expenses effectively. 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%). Rollins 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 Rollins 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. Rollins 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. Rollins retirees might find such states especially appealing for their active and engaging post-retirement lifestyle.
What is the Rollins 401k/Savings Plan?
The Rollins 401k/Savings Plan is a retirement savings plan that allows employees of Rollins to save for their future through pre-tax contributions and potential employer matching.
How can I enroll in the Rollins 401k/Savings Plan?
Employees can enroll in the Rollins 401k/Savings Plan by completing the enrollment forms provided by the HR department or through the Rollins employee portal.
What types of contributions can I make to the Rollins 401k/Savings Plan?
Employees can make pre-tax contributions, Roth after-tax contributions, and possibly catch-up contributions if they are age 50 or older in the Rollins 401k/Savings Plan.
Does Rollins offer a company match for the 401k/Savings Plan?
Yes, Rollins offers a company match for employee contributions to the 401k/Savings Plan, subject to certain limits and eligibility requirements.
What is the vesting schedule for Rollins' company match in the 401k/Savings Plan?
The vesting schedule for Rollins' company match typically follows a graded vesting schedule, which means employees earn ownership of the matched contributions over a specified period.
Can I change my contribution amount to the Rollins 401k/Savings Plan?
Yes, employees can change their contribution amounts to the Rollins 401k/Savings Plan at any time, subject to the plan’s rules and limits.
What investment options are available in the Rollins 401k/Savings Plan?
The Rollins 401k/Savings Plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to suit different risk tolerances.
How can I access my Rollins 401k/Savings Plan account?
Employees can access their Rollins 401k/Savings Plan account online through the designated portal or by contacting the plan administrator for assistance.
What happens to my Rollins 401k/Savings Plan if I leave the company?
If you leave Rollins, you have several options for your 401k/Savings Plan, including rolling it over to another retirement account, leaving it with Rollins, or cashing it out (subject to taxes and penalties).
Are there loan options available through the Rollins 401k/Savings Plan?
Yes, the Rollins 401k/Savings Plan may allow participants to take loans against their account balance, subject to specific terms and conditions.