<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=314834185700910&amp;ev=PageView&amp;noscript=1">

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

Learn More

Turning 65? Discover Exciting Benefits and Financial Tips Tailored for Zebra Technologies Employees

image-table

Healthcare Provider Update: Medical: Multiple plan options including HDHP with HSA. Dental & Vision: Comprehensive coverage. Wellness: Incentives and mental health support. ACA Planning: Strong internal support for evaluating ACA alternatives amid projected cost increases. Click here to learn more

As Zebra Technologies employees approach or surpass the age of 65, they encounter a landscape filled with potential benefits, financial considerations, and lifestyle choices that warrant careful evaluation. This article delves into various aspects relevant for those entering this new phase of life, from tax implications to travel discounts, steering clear of the well-trodden paths of Social Security and Medicare.

Tax Environment Insights

A critical aspect for Zebra Technologies retirees to consider is the tax environment. Various states offer different benefits: some without income tax, others do not tax Social Security benefits, and several offer exemptions on pensions or inheritance taxes. Notable examples include Florida and South Dakota, celebrated for their retiree-friendly tax approaches. However, the choice of residence should be guided more by personal happiness and lifestyle preferences than merely tax benefits.

Senior Discounts and Benefits

The range of discounts and benefits available to seniors, including those from Zebra Technologies, is vast and diverse. From shopping discounts—like 10% off for seniors at PetSmart—to travel and leisure benefits. In Seattle, the ORCA card offers reduced prices on buses, ferries, and trains. Similarly, in New York City, seniors aged 65 and older can enjoy a 50% reduction on trains and buses, though acquiring these discounts can sometimes be a complex affair.

Travel Opportunities

Travel remains a priority for many at this stage, and there are plenty of discounts to make it more accessible for Zebra Technologies retirees. Amtrak, for instance, offers a 10% discount for travelers over 65. The allure of travel extends globally, with numerous offers and discounts available for car rentals and hotels worldwide.

National and State Parks

The National Park Service offers a senior lifetime pass for $80, allowing access to all national parks and federal recreational lands—an excellent option for Zebra Technologies seniors. This pass is not just a significant saving but also an investment in the beauty and preservation of American natural landscapes. Several states also offer similar discounts for their parks, enhancing access to scenic routes and natural beauty.

Educational Explorations

For Zebra Technologies employees looking to enrich themselves intellectually, many educational institutions across the U.S. offer free or reduced-price education for seniors. This opportunity allows for the pursuit of long-set-aside interests and studies in various disciplines, providing a fulfilling educational experience without the usual financial constraints.

Museums and Cultural Institutions

Cultural engagement can still bring immense richness to life at this time. Most of the 35,000 museums in America offer senior discounts, from historical sites like the B.B. King Museum to specialized institutions like the NASCAR Hall of Fame. This opportunity underscores the accessibility and continued appreciation of cultural and educational experiences for Zebra Technologies employees.

Unusual Discounts

Interestingly, the range of discounts for seniors, including those at Zebra Technologies, extends to less conventional areas, such as haircut services at places like Great Clips, and leisure activity discounts like skiing for those over 80. Some pharmacies even offer senior discounts on cannabis, demonstrating the broad and sometimes unexpected range of benefits available.

Featured Video

Articles you may find interesting:

Loading...

Financial Considerations

While it may be tempting for Zebra Technologies seniors to chase every discount, it's crucial to balance bargain hunting with quality of life. According to the Social Security Administration, the average life expectancy for a 65-year-old man is a further 17 years, and nearly 20 for women. This longevity highlights the importance of financial planning and thoughtful use of discounts and benefits to enhance one's existence while maintaining financial security.

In Conclusion

For many Zebra Technologies employees, reaching 65 isn’t just about enjoying discounts; it's about strategically using available benefits to enhance the quality of life. Whether through financial savings, educational pursuits, or leisure activities, the possibilities are endless. It's essential to find a balance that suits one's own personal and financial circumstances, ensuring that the golden years are both enriching and economically beneficial. This holistic approach allows individuals to make the most of this advanced phase of life, supporting a lifestyle that is both rewarding and sustainable.

In addition to the renowned benefits for seniors, many Zebra Technologies companies provide their retirees with ongoing access to corporate benefits and healthcare, a significant advantage that is not widely known. For example, retirees from Zebra Technologies and other large tech and manufacturing companies can maintain access to reduced rates on products and services ranging from technology to vehicles, which can substantially lower living expenses. This benefit for former employees, highlighted in Forbes’ May 2023 report on retirement benefits, underscores the importance of inquiring about extended benefits when transitioning from full-time employment to retirement.

What type of retirement plan does Zebra Technologies offer to its employees?

Zebra Technologies offers a 401(k) retirement savings plan to its employees.

Does Zebra Technologies provide a company match for its 401(k) contributions?

Yes, Zebra Technologies provides a company match for employee contributions to the 401(k) plan, subject to certain limits.

How can employees at Zebra Technologies enroll in the 401(k) plan?

Employees at Zebra Technologies can enroll in the 401(k) plan through the company’s HR portal or by contacting the HR department for assistance.

What is the minimum age to participate in the Zebra Technologies 401(k) plan?

Employees must be at least 21 years old to participate in the Zebra Technologies 401(k) plan.

Are there any eligibility requirements for the 401(k) plan at Zebra Technologies?

Yes, employees must meet specific eligibility requirements, including a minimum service period, to participate in the Zebra Technologies 401(k) plan.

What types of investment options are available in the Zebra Technologies 401(k) plan?

The Zebra Technologies 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.

Can employees at Zebra Technologies take loans against their 401(k) savings?

Yes, Zebra Technologies allows employees to take loans against their 401(k) savings, subject to the plan’s terms and conditions.

What is the vesting schedule for the company match in the Zebra Technologies 401(k) plan?

The vesting schedule for the company match in the Zebra Technologies 401(k) plan typically follows a graded vesting schedule over several years.

How often can employees change their contribution percentage to the Zebra Technologies 401(k) plan?

Employees at Zebra Technologies can change their contribution percentage to the 401(k) plan at any time, subject to the plan’s rules.

Does Zebra Technologies offer financial education resources for employees regarding the 401(k) plan?

Yes, Zebra Technologies provides financial education resources and tools to help employees make informed decisions about their 401(k) savings.

New call-to-action

Additional Articles

Check Out Articles for Zebra Technologies employees

Loading...

For more information you can reach the plan administrator for Zebra Technologies at 3 Overlook Point Lincolnshire, IL 60069; or by calling them at 847-464-8010.

*Please see disclaimer for more information

Relevant Articles

Check Out Articles for Zebra Technologies employees