The Ever-Changing Corporate World

The Ever-Changing Corporate World

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Many large companies have recently announced healthcare benefit changes for employees and/or retirees.  Similar to shifts of retirement funding from employers to employees by replacing defined benefit pension plans with 401(k) plans, it’s not surprising that now the responsibility of funding healthcare costs (and choosing a healthcare plan) is being shifted more towards the employee and/or retiree as well.

Some large companies recently announcing changes include IBM, Walgreens, Time Warner, Duke Energy and UPS.  Additionally, some government jurisdictions are considering changes for workers and/or retirees including Detroit, Chicago and the State of Illinois.

As our world is ever-changing, these changes should be continually evaluated for a family’s personal situation in context of their overall wealth plan.

More details can be found here:

The Payne Wealth Partners planning team is dedicated to helping families navigate these types of challenges in relation to their overall personal goals.

Authored by: Terry Prather, CFP®, ChFC® (Bio)

Direct Phone: 812-602-6307

Email: twprather@paynewealthpartners.com

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The information in this material is only as current as the date indicated, and may be superseded by subsequent market events or for other reasons. While all information prepared in this document is believed to be accurate, any statements of opinion constitute only current opinions of Payne Wealth Partners, Inc., which are subject to change and which Payne Wealth Partners, Inc. does not undertake to update. Accordingly, you should not put undue reliance on these statements. The information does not attempt to examine all the facts and circumstances that may be relevant to an individual’s financial needs. Payne Wealth Partners, Inc. is not soliciting any action based on these statements.

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Payne Wealth Partners, Inc.
Keystone Financial Consulting
601 N Cross Pointe Blvd
Evansville, IN 47715
Phone: 812-477-6221
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