Your AbbVie Benefits & Career: Financial Planning for Employees and Executives

Do you work at AbbVie? Get the resources you need and expert insights from financial professionals who specialize in helping AbbVie employees make the most of their compensation package and benefits.

Whether you’re a new AbbVie employee or you’ve moved up the ranks into a management or executive leadership role over a multi-year career, it’s important to make smart money moves with your income and employee benefits. For example:

✅ Do you know the right moves to make to get the greatest value from the AbbVie benefits available to you?

✅If you’re thinking about leaving AbbVie for another job or planning to retire from the company in a few years, are you taking the right steps today to ensure you will receive all of the compensation and benefits that you’ve earned?

Get the Most Value from Your AbbVie Benefits and Compensation Package

Throughout the year, AbbVie provides its employees and executives with updates about their benefits ranging from health insurance and health savings plans to retirement plans like a 401(k), deferred compensation plans, and stock options. While the company offers many useful resources and access to knowledgeable staff who can assist with questions, you’ll also find financial professionals not affiliated with AbbVie who specialize in helping AbbVie employees make the most of their income and benefits.

Whether you work in the AbbVie headquarters in North Chicago, Illinois, another office location around the world, or remotely from home, you may have questions about your compensation package and benefits better suited for a financial professional who can offer unbiased advice and guidance.

For example, sensitive topics like discussing the steps you should take before quitting your job at AbbVie to work elsewhere, protecting yourself in advance of a corporate layoff, or deciding when you should plan to retire are all conversations that may be more comfortable with a trusted financial advisor.

💡 In the Q&A below, you’ll gain insights from financial advisors who work with AbbVie employees to help them make smart decisions to get the most value from their compensation and benefits, reduce their money stress, and prepare for a comfortable retirement.

🙋‍♀️ Do you have questions not yet answered? Use the form below to submit questions anonymously and watch this article for updates with answers to your questions. You can also reach out to the financial advisors below to set up an introductory call or contact them with your questions by email.

💸 Smart Money Insights for AbbVie Employees & Executives

This page is organized into sections to help you quickly find the information you need and get answers to your questions:

1. Q&A: Financial Planning Tips for AbbVie Employees & Executives
2. Get Answers to Your Questions About Your AbbVie Benefits and Career
3. Quick Facts & Resources for AbbVie Employees
4. Browse Related Articles

Q&A: Financial Planning Tips for AbbVie Employees & Executives

Answers to AbbVie Employee Questions with Dave Grant, CFP®

Dave Grant is a financial advisor based in Barrington, Illinois, who specializes in offering financial planning services to AbbVie employees. Dave helps his clients get the most value from their AbbVie benefits and compensation package so they can enjoy life and feel confident about their financial future.

Q: As a financial advisor with experience helping AbbVie employees save for their retirement, how do you help them make the most of their employee benefits?

Dave: AbbVie has an extensive benefits package, with employees needing to make pension, stock plan, and deferred elections on an ongoing basis. I help clients optimize their benefits for their situation, possibly combine it with their spouse’s benefits, and make sure everyone is comfortable.

Q: When you first speak with an AbbVie employee, what questions do you like to ask to better understand their unique circumstances and determine how you can best help them achieve their goals?

Dave: I like to understand their level in the company as it determines what benefits they are eligible for (e.g., deferred compensation). Then I seek to understand their retirement timeline so we can then optimize their savings routine around their financial goals. Finally, given the various company benefits, I can then design what their retirement income should look like coming from these various sources.

Q: Is there a particular benefit available to AbbVie employees you feel isn’t as well utilized or understood by employees as it should be?

Dave: AbbVie pays its senior staff very well, pushing them into higher tax brackets. The Deferred Compensation plan at AbbVie has flexible payout options, so not only can it bring down a client’s current tax bill, but we can design an optimal retirement income stream that suits their situation.

Get to Know Dave Grant, Financial Advisor for AbbVie Employees:

View Dave’s profile page on Wealthtender or visit his website to learn more.

Q: Beyond AbbVie employee benefits for retirement savings, are there other types of benefits offered by the company that you find valuable to discuss with your clients (e.g., stock, education savings, health savings)?

Dave: Abbvie offers everything! There are HSA accounts, legal services, wellness programs, and an ESPP. I’ve written an ebook outlining how to maximize all these benefits for an employee of AbbVie.

Q: For AbbVie employees thinking about leaving the company to accept a job elsewhere, what actions do you recommend they take before resigning and shortly thereafter?

Dave: I make sure that someone leaving AbbVie makes sure they are compensated for all the benefits they are giving up. Clients will give up a pension plan, stock compensation plan, and generous retirement plan matches. I also make sure if they have contributed to the Deferred Compensation plan, that they understand the payout structure they fall under, and they have cash available to cover any subsequent tax bill.

Q: For AbbVie employees who have managed their finances on their own to this point, what would you suggest they consider to help them decide if they should begin working with a financial advisor at this stage in their lives?

Dave: The further you advance in your career at AbbVie, the more financial rewards you will receive. These will continue to get more complicated, and tracking the benefits – and optimizing them for your situation – will take more mental bandwidth. Make sure this is not impacting other areas of your life, as bringing in a financial advisor to take over this area of your life is not as expensive as you think!

Q: What questions do you recommend AbbVie employees ask financial advisors they’re considering hiring to help them decide if they’re a good fit?

Dave: How many AbbVie clients have you worked with? Have you worked with all the benefit plan options made available by the company?

Quick Facts & Resources for AbbVie Employees

AbbVie Quick Facts & Resources	Details / Useful Links
AbbVie Employee Benefits Guide (Free eBook)	📗 Available for Download via the Retirement Matters Website
AbbVie Corporate Headquarters Address	1 N. Waukegan Road North Chicago, Illinois 60064 (📍Google Maps)
Overview of AbbVie Benefits	AbbVie Total Rewards
How much do AbbVie employees Make?	View AbbVie Salary Research on Glassdoor
Where can I learn more about careers at AbbVie?	Visit www.abbvie.com/careers.html
How many people work for AbbVie?	AbbVie has around 48,000 employees worldwide (Source: AbbVie)
What is the ticker symbol for AbbVie stock?	The AbbVie ticker symbol is ABBV.

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