<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

Discover the Ideal Retirement Destination: Top U.S. Cities for Booking Holdings Employees to Consider

image-table

Healthcare Provider Update: Healthcare Provider for Booking Holdings Booking Holdings does not operate a single healthcare provider but typically offers its employees access to a variety of healthcare options, including employer-sponsored health plans that may consist of multiple insurers. Their healthcare plans usually allow employees to choose from a network of providers, which may include large insurers like UnitedHealthcare, Anthem, and Aetna, depending on the specific offerings in different locations. Potential Healthcare Cost Increases in 2026 As Booking Holdings prepares for 2026, employees should brace for potentially significant increases in healthcare costs. With anticipated record hikes in Affordable Care Act (ACA) premiums-some states projecting raises of over 60%-financial pressure on employees may surge. The expiration of enhanced federal premium subsidies combined with ongoing medical inflation, particularly in pharmaceuticals and hospital services, could lead to out-of-pocket costs rising dramatically. In this landscape, employees must proactively assess their healthcare options to mitigate these rising expenses. Click here to learn more

Booking Holdings employees considering retirement might find it surprising that  San Bernardino is ranked as the least favorable city for retirees in the U.S., according to an extensive study by WalletHub . This research assessed over 180 cities based on multiple criteria related to life after work. Notably, California, despite its appealing facade, is home to half of the ten least desirable cities for retirees in the nation.

The personal finance company's analysis included 45 key indicators, focusing on living expenses, tax implications, healthcare quality, and the availability of recreational opportunities, essential for a fulfilling retirement. WalletHub analyst Chip Lupo notes that the best retirement cities help reduce taxes and living costs while providing access to excellent healthcare and a variety of activities that enrich one’s golden years.

In stark contrast to its scenic locales, San Bernardino scored the lowest for retiree-friendliness, placing 182nd overall. It earned a mere 35.71% of the possible points, highlighting significant deficiencies in recreational activities, healthcare quality, and overall life satisfaction. This rating reflects a broader issue across various Californian cities that fall short in providing secure retirement conditions compared to other U.S. cities.

Several other cities in California also appear at the bottom of the list, with Stockton and Rancho Cucamonga just above San Bernardino. While California ranks as the 17th best state for retirement, higher-ranking cities like San Francisco, San Diego, Glendale, and Los Angeles still do not crack the national top 30, demonstrating a mixed bag of results across the state.

Among the cities that excel in retirement suitability, Orlando, Florida, tops the list with a score of 61.49 out of 100, showing strong performance in affordability and leisure activities. Orlando offers substantial financial perks in services crucial for retirees, such as housekeeping and adult home healthcare, ranking high among the cities studied. Its appeal is enhanced by a rich array of music venues, fishing clubs, art galleries, and an abundance of gerontologists and home healthcare providers per capita.

According to WalletHub, the ten best cities for retirement also include Miami, Minneapolis, Tampa, Fort Lauderdale, Scottsdale, Cincinnati, St. Petersburg, Casper, and Atlanta. These destinations offer a mix of affordability, healthcare quality, diverse activities, and overall life quality that promotes a rewarding retirement.

WalletHub’s ranking methodology compared the 150 most populated cities in the U.S., along with at least two of the most populated cities from each state, spanning four key categories: affordability, activities, quality of life, and healthcare. This comprehensive approach, using a grid of 45 indicators rated out of 100, ensures a thorough understanding of how each city supports its elderly population, crucial in times when many retirees depend on fixed incomes and seek maximum value in their living conditions.

Featured Video

Articles you may find interesting:

Loading...

The findings emphasize the importance for Booking Holdings employees to do detailed research and thoughtful consideration when choosing a retirement destination. The stark contrast between the least favorable San Bernardino and top-ranked Orlando highlights the disparities within the U.S., influenced by local policies, economic conditions, and resources tailored to senior needs.

While California hosts several less desirable cities for retirement due to high living costs and taxes, it also provides tax exemptions on Social Security and public pensions, offering some financial relief. The California Franchise Tax Board explains that retirees in California enjoy freedom from state taxes on Social Security benefits and public pension incomes, which can notably ease the financial burden for Booking Holdings retirees reliant on these fixed incomes.

For Booking Holdings employees exploring retirement options, this guide underscores the significant variances in living conditions across the U.S. and offers insights into choosing the right city based on personal needs and preferences. As you plan for a secure and enjoyable retirement, remember, much like selecting a fine wine, the reputation of a location may not always reflect the daily realities of life there. This guide is designed to help you navigate through the complexities of retirement planning with essential considerations like tax benefits, healthcare quality, and cost of living at the forefront, ensuring a well-informed decision for a peaceful and fulfilling retirement.

What type of retirement plan does Booking Holdings offer to its employees?

Booking Holdings offers a 401(k) retirement savings plan to its employees.

Does Booking Holdings provide matching contributions for its 401(k) plan?

Yes, Booking Holdings provides matching contributions to eligible employees participating in the 401(k) plan.

What is the eligibility requirement for Booking Holdings employees to participate in the 401(k) plan?

Employees of Booking Holdings are typically eligible to participate in the 401(k) plan after completing a specified period of employment.

Can employees at Booking Holdings choose how their 401(k) contributions are invested?

Yes, employees at Booking Holdings can choose from a variety of investment options for their 401(k) contributions.

What is the maximum contribution limit for employees participating in Booking Holdings' 401(k) plan?

The maximum contribution limit for employees in Booking Holdings' 401(k) plan is determined by IRS guidelines, which can change annually.

How often can employees at Booking Holdings change their 401(k) contribution amounts?

Employees at Booking Holdings can typically change their 401(k) contribution amounts on a quarterly basis or as specified in the plan details.

Is there a vesting schedule for the employer match in Booking Holdings' 401(k) plan?

Yes, Booking Holdings has a vesting schedule for the employer match, which determines when employees fully own the matched contributions.

Can employees take loans against their 401(k) savings at Booking Holdings?

Yes, Booking Holdings allows employees to take loans against their 401(k) savings, subject to specific terms and conditions.

What happens to my 401(k) savings if I leave Booking Holdings?

If you leave Booking Holdings, you have several options regarding your 401(k) savings, including rolling it over into another retirement account or cashing it out, subject to taxes and penalties.

Does Booking Holdings allow for after-tax contributions to the 401(k) plan?

Yes, Booking Holdings allows for after-tax contributions in addition to pre-tax contributions within the 401(k) plan.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Booking Holdings announced a restructuring plan that includes significant layoffs. The company is streamlining its operations to reduce costs amid a challenging economic environment.
New call-to-action

Additional Articles

Check Out Articles for Booking Holdings employees

Loading...

For more information you can reach the plan administrator for Booking Holdings at 800 Connecticut Ave Norwalk, CT 6854; or by calling them at +1 203-299-8000.

*Please see disclaimer for more information

Relevant Articles

Check Out Articles for Booking Holdings employees