New Year, New Career?


Is 2018 going to be the year of a new career for you? Often times a change in jobs or careers is accompanied by a change in salary but that isn’t the only form of compensation you should look at. What kind of health and retirement benefits does your potential new employer offer? Keeping in mind your long term goals should help keep you from making an impulsive move.

  • Health Coverage – Will there be any lapses in your health coverage if you decide to make a change? There are options if you do find yourself in a lapse. Depending on the health coverage your spouse receives, you may qualify to join their plan. The Consolidated Omnibus Budget Reconciliation Act, or COBRA is another option you can look into.
  • Retirement – Don’t be so focused on this moment to forget about maintaining your retirement plan! If your previous employer offers 401(K) plans you have several options; cash it out, roll it over into your new 401(K) plan (if offered), or roll it into an IRA.
  • Prepare for timing – Timing doesn’t always work the way we think it will. Make sure to have some cash (aka emergency fund) on hand to help out in case the transition takes longer than anticipated and your mortgage comes due.

university students on a work placement .

If you’re looking for a new career but aren’t sure where to start attend our Job Fair today, Tuesday, January 16 at our Linglestown location! If you’re unable to attend you can always visit www.members1st.org/about-us/careers to see what positions we have available! We want our associates to get up every morning and have something to look forward to other than a paycheck. In addition to excellent benefits, competitive salary, opportunities for professional development and career advancement, we offer a pleasant, fun, and family-friendly working environment.

 

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