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

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

Whether you’re a new Johnson & Johnson 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 Johnson & Johnson benefits available to you?

✅If you’re thinking about leaving Johnson & Johnson 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 Johnson & Johnson Benefits and Compensation Package

Throughout the year, Johnson & Johnson 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 Johnson & Johnson who specialize in helping Johnson & Johnson employees make the most of their income and benefits.

Whether you work in the Johnson & Johnson headquarters in New Brunswick, New Jersey, another office location around the country, 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 Johnson & Johnson 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 Johnson & Johnson 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 Johnson & Johnson 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 Johnson & Johnson Employees & Executives
2. Get Answers to Your Questions About Your Johnson & Johnson Benefits and Career
3. Browse Related Articles

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

Answers to Employee Questions with Shikha Mittra, AIF®, CFP®, CMFC®, CRPS®, PPC®, RMA®, MBA

Shikha Mittra is a financial advisor based in Princeton, New Jersey who specializes in offering financial planning services to Johnson & Johnson employees. Shikha helps her clients get the most value from their Johnson & Johnson benefits and compensation package so they can enjoy life and feel confident about their financial future.

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

Shikha: Making sure they are maximizing their benefits package and prevent overlap of benefits hence reduce costs.

Q: When you first speak with a Johnson & Johnson 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?

Shikha: How long have you worked for the company , pension, executive benefits. When would they like to retire.

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

Shikha: Retirement packages, stock options, lumpsum versus monthly benefits.

Q: Beyond Johnson & Johnson employee benefits for retirement savings, are there other types of benefits offered by the company that you find valuable to discuss with your clients?

Shikha: Stock options, RSUs, HSAs.

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

Shikha: Evaluate your total financial picture before taking that step.

Q: For Johnson & Johnson employees approaching retirement age, how do you recommend they prepare to make the transition from living off their salary to relying upon other sources of income?

Shikha: Get an independent fee only financial plan to see how income and expenses stack up.

Q: For Johnson & Johnson 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?

Shikha: Evaluate what they have done and find if there are any gaps, if there are, point it out and if they want the advisor’s help, that’s their mutual decision.

Q: What are some of the unique financial planning challenges you commonly see among your clients who are Johnson & Johnson employees and how do you help them overcome these obstacles?

Shikha: Loading up on target date funds or select two or three mutual funds for their 401k. By educating on importance of diversification.

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

Shikha: Are they fiduciary, fee only? Will they put it in writing? Do they know how will the sunset on Tax Laws impact the executives?

Q: Is there anything that comes up frequently in your initial meeting with Johnson & Johnson employees that surprises you?

Shikha: They think brokers/sales rep are finacial advisors.

Q: For highly compensated Johnson & Johnson employees and executives, are there any special benefits you believe it’s important to take into consideration when preparing their financial plan?

Shikha: Comb through their executive packages to see what benefits go away at retirement. Some companies pay for executive financial planning as a perk.

Get to Know Shikha Mittra Financial Advisor for Johnson & Johnson Employees:

View Shikha’s profile page on Wealthtender or visit her website to learn more.

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