Abbott Laboratories Life Insurance

Abbott Laboratories Life Insurance

Life insurance protects your dependents in the event of your death, so it’s crucial to carry life insurance if you have children or others who rely on you financially. Additionally, it’s wise to make a habit of updating your coverage at least once per year as your life situation and needs change. Taking advantage of the Abbott Laboratories/AbbVie life insurance offering is a no-brainer for most Abbott Laboratories/AbbVie employees, but you have to go a step further to make sure you have enough total coverage. That’s why we put together this overview of the types of coverage available for Abbott Laboratories/AbbVie employees.

The Abbott Laboratories/AbbVie 401(k)

The Abbott Laboratories/AbbVie 401(k)

The Abbott Laboratories/AbbVie 401(k) plan can make up a large portion of your eventual wealth, especially if you have worked at the company for several years. But what is the best way to manage your 401(k)? And how do you make sure your investments are diversified and appropriate for your situation? We’re specialists in the Abbott Laboratories/AbbVie 401(k) investment options and we help employees like you make the most of their plans.

Choosing Your Abbott Labs/AbbVie Pension Options

Choosing Your Abbott Labs/AbbVie Pension Options

Abbott Laboratories and AbbVie offer generous pension plans with different payment options when you retire. A common subject that comes up for us when we meet with clients is how to select the best pension payment option. The answer is complicated because we have to look at different factors that come into play after retirement. Here we’ll lay out the options available to you as an Abbott or AbbVie employee.

Abbott Laboratories/AbbVie 401(k) Match

Abbott Laboratories/AbbVie 401(k) Match

One of the most common reasons employers match 401(k) contributions is to attract and retain talent. And the statistics back this up. One survey found that 81% of employees say that retirement benefits make up a major portion of a job search. Another survey found that 80% of workers would keep a job with benefits rather than take one that offered more pay and no benefits, and a 401(k) match was the most highly valued benefit among respondents. Abbott Laboratories offers a generous 401(k) match as part of its excellent benefits package.

Should You Use the Abbott/AbbVie Long-Term Care Policy?

Should You Use the Abbott/AbbVie Long-Term Care Policy?

One of the most commonly overlooked aspects of a retirement plan is long-term care (LTC), defined as “a range of services and supports you may need to meet your personal care needs,” including both custodial and medically necessary care. Considering 7 out of 10 people turning 65 this year will require LTC in their lifetimes and that the average cost of care is between $43,000-$92,000 per year, it’s critical to make sure you and your family have a plan.