Abbott Laboratories/AbbVie Benefits Explained

Are you looking for more information on the Abbott Laboratories/AbbVie benefits package? Do you want to know the details of each option and how they work together to enhance your financial plan? We are specialists in the Abbott Laboratories/AbbVie benefits and help employees to understand which options are right for their specific needs.

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. Are you making the most of the Abbott Laboratories/AbbVie 401(k) matching benefit?

Abbott Laboratories/AbbVie Health Insurance

Abbott Laboratories/AbbVie offers an excellent health insurance plan to meet the needs of you and your family. It’s important to understand the different options available and choose your plan carefully. We help employees choose a plan that fits within their budget, medical needs, and applies toward their preferred care providers.

Abbott Laboratories/AbbVie Retirement Benefits

The best way to avoid financial anxiety in retirement is to work with your financial professional to map out various retirement scenarios to see what your savings can handle. Knowledge will empower you, especially in this situation. Taking advantage of the Abbott Laboratories/AbbVie retirement benefits can help manage your retirement savings and mitigate taxes.

Abbott Laboratories/AbbVie 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.

Abbott Laboratories/AbbVie ESPP (Employee Stock Purchase Plan / Program)

The most obvious benefit of the Abbott Laboratories/AbbVie ESPP is that you can get stock shares at a discounted price. But how will this affect your overall financial plan? And will the tax treatment be favorable? Have you considered how this will affect your overall portfolio diversification? It’s important to evaluate your Abbott Laboratories/AbbVie ESPP as a piece of your overall financial puzzle.

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 plan.

Abbott Laboratories/AbbVie RSU

One of the most significant compensation differences for any new Abbott Laboratories/AbbVie employee is equity compensation. For Abbott Laboratories/AbbVie, this comes in the form of restricted stock units (RSUs). While multi-faceted, these semi-complex structures can be broken down into simpler parts to provide a thorough understanding of how they can align with your overall financial plan. We will try to “demystify” RSUs here today so you can make the most informed decisions for your finances.

Abbott Laboratories/AbbVie HSA

One of the strongest arguments for using the Abbott Laboratories/AbbVie HSA is it allows you to lower your federal income taxes by making tax-free deposits into your account. The contributions can be deducted pre-tax from payroll or deducted from your income on your tax return. Contributions can be made by yourself or your employer, and if your employer does choose to invest in an HSA for you, the money is not taxed as income for the employee. But is this right for you and will you see the tax benefits? That depends on your income and financial situation.