Your UnitedHealth Group Benefits & Career: Financial Planning for Employees and Executives

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

Whether you’re a new UnitedHealth Group 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 UnitedHealth Group benefits available to you?

✅If you’re thinking about leaving UnitedHealth Group 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 UnitedHealth Group Benefits and Compensation Package

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

Whether you work in the UnitedHealth Group headquarters in Minnetonka, Minnesota, 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 UnitedHealth Group 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 UnitedHealth Group 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 UnitedHealth Group 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 UnitedHealth Group Employees & Executives
2. Get Answers to Your Questions About Your UnitedHealth Group Benefits and Career
3. Browse Related Articles

Q&A: Financial Planning Tips for UnitedHealth Group Employees & Executives

Get to Know:

↗️ Steven Schoenberger (Minneapolis, MN) | ↗️ Ramiro Marmolejo (San Antonio, TX)

Answers to UnitedHealth Group Employee Questions with Steven Schoenberger, CFP®

Steven Schoenberger is a financial advisor based in Minneapolis, Minnesota, who specializes in offering financial planning services to UnitedHealth Group employees. Steven helps his clients get the most value from their UnitedHealth Group benefits and compensation package so they can enjoy life and feel confident about their financial future.

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

Steven: Executives working for UHG can maximize their earnings and savings by fully understanding the compensation structures offered. Working with an advisor who is familiar with the company’s benefits and options can help you to strategically balance current cash flow needs, income tax, and future growth. Salary, bonus, RSUs, stock options, and stock purchase plans are just a few of these items that a diligent advisor can assist with. Beyond compensation, there are other benefits to understand and consider, including retirement savings and investment options. Each company has different investments available, and it is beneficial to coordinate 401(k) plans with other investment buckets.

Q: When you first speak with a UnitedHealth Group 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?

Steven: Depending on your tenure and role within the company, we will start by clarifying what items are available to you and how to utilize them.

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

Steven: Employee Stock Purchase Plans (ESPPs) can be a great way for you to invest in a great company directly from your paycheck at a discount to the public share price. While UHG’s ESPP is not the most complicated part of its benefits offerings, it is an often overlooked option.

Get to Know Steven Schoenberger, Financial Advisor for UnitedHealth Group Employees:

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

Q: Beyond UnitedHealth Group 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)?

Steven: Large companies offer numerous benefits that employees can utilize. These offerings are not always well known, poorly presented, and changing. Working with an advisor who is familiar with the company can help you understand and utilize the lesser-known items.

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

Steven: When compensation includes annual bonuses, Restricted Stock Units (RSUs), and options, leaving an employer can be very tricky. Understanding these items and their timing can help ensure that employees looking to move to another company are not leaving money on the table!

Q: For UnitedHealth Group 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?

Steven: For long-time employees of UHG, the biggest unique concern for their retirement is a portfolio concentrated in UHG company stock.

Q: For UnitedHealth Group 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?

Steven: Like with all financial matters, an outside advisor can be a great resource and second set of eyes to make sure nothing is being missed or overlooked. Many young employees have managed their own benefits for many years, but as they enter more senior roles with the company, things can change. The value of non-cash compensation can become more significant and warrant additional review, and – probably more importantly – the demands of the job can change in a way where it is simply beneficial to transfer certain things to others to manage.

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

Steven: Ask the same questions you would ask any financial advisor. If that advisor cannot provide answers that are specific to your circumstances, that is not a good fit.

Q: Is there a particularly memorable experience or a moment you recall with a client who worked at UnitedHealth Group when you realized they have unique opportunities and circumstances when it comes to their financial planning needs?

Steven: One of the unique things about large companies, especially UHG, is that often when employees/clients are seeking a new job, it is far more advantageous to look within the UHG system rather than going to a new employer. Not only does UHG have multiple roles and organizational structures available that may address current job frustrations, but a change within the company can often preserve thousands of dollars of accrued but unvested or unpaid benefits.

Answers to UnitedHealth Group Employee Questions with Ramiro Marmolejo, CFP®, ChFC®

Ramiro Marmolejo is a financial advisor based in San Antonio, Texas, who specializes in offering financial planning services to UnitedHealth Group employees. Ramiro helps his clients get the most value from their UnitedHealth Group benefits and compensation package so they can enjoy life and feel confident about their financial future.

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

Ramiro: As a financial advisor with experience helping UnitedHealth Group employees, including physicians and APCs at WellMed, save for their retirement, I focus on turning complex employer benefits into a clear strategy. For many WellMed physicians, that means navigating significant stock buyouts and equity compensation tied to UHG, where taxes and concentrated wealth can create real challenges. I help clients evaluate rollover options for their 401(k), build tax-efficient diversification strategies, and integrate health savings accounts and other employer benefits into a long-term plan. My goal is to ensure employees make the most of every benefit available while positioning themselves for retirement readiness and financial security.

Q: When you first speak with a UnitedHealth Group 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?

Ramiro: When I first speak with a UnitedHealth Group employee — whether a WellMed physician or an APC — I start by asking bigger-picture questions. I want to know what financial success means to them, their top concerns, and what keeps them up at night. From there, we talk about their goals and any obstacles standing in the way. Once I understand their perspective, then we get into how their WellMed or UHG benefits fit into that picture — stock buyouts, retirement accounts, HSAs, and so on. My goal isn’t just to look at the numbers, but to connect their employer benefits to what they actually want for their family and future. That’s also where I explain my process and compensation, so they know exactly how I work and that my role is to educate and guide, not sell.

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

Ramiro: Many WellMed physicians don’t fully understand the long-term impact of their stock buyouts or equity compensation. Too often, proceeds are left sitting idle or reinvested without a tax or diversification strategy. Helping employees integrate these windfalls into their retirement plan can dramatically improve outcomes.

Q: Beyond UnitedHealth Group 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)?

Ramiro: Yes. For WellMed employees, stock options, employee stock purchase plans, equity payouts, deferred compensation, and health savings accounts (HSAs) are often overlooked. HSAs in particular are powerful because they can act as a “stealth retirement account” with triple tax advantages if used strategically.

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

Ramiro: First, review your 401(k) and equity compensation to understand vesting schedules and tax consequences. Second, compare your rollover options. Finally, evaluate insurance coverage — leaving the company may mean gaps you’ll need to fill elsewhere.

Q: For UnitedHealth Group 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?

Ramiro: We build a retirement income plan that replaces a steady paycheck with coordinated distributions from 401(k)s, IRAs, stock proceeds, and Social Security. The key is sequencing withdrawals to minimize taxes and preserve lifestyle.

Q: For UnitedHealth Group 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?

Ramiro: Managing your own finances can work well in the early stages, but as careers advance, the financial picture often becomes more complex. It helps to step back and ask: Do I have the time to keep up with changing tax laws, the tools to analyze retirement income strategies, and the confidence to make decisions about concentrated stock or equity windfalls? Many WellMed employees discover that while they’ve done a good job on their own, the next stage — preparing for retirement or handling large employer payouts — requires a deeper level of planning. A financial advisor can act as a teacher and partner, helping you see the big picture and connect your employer benefits with your personal goals.

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

Ramiro: Physicians often have large incomes but little time. APCs and nurses may have steady benefits but feel overlooked compared to physicians. I help both groups simplify decisions and align benefits with their goals.

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

Ramiro: Ask: Are you a fiduciary at all times? How are you compensated? What experience do you have with WellMed and UnitedHealth Group benefits?

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

How often employees underestimate the value of their employer benefits — or don’t realize how much risk comes with concentrated stock, or what their true risk tolerance is. Many are surprised to learn they can redirect inefficiencies without cutting back lifestyle.

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

Equity compensation and deferred income plans are critical. Handling them without a tax and diversification plan can create unintended consequences.

Q: Is there a particularly memorable experience or a moment you recall with a client who worked at UnitedHealth Group when you realized they have unique opportunities and circumstances when it comes to their financial planning needs?

Working with a certain physician at WellMed, he had a sizable company stock position. Together, we built a strategy that diversified his portfolio, reduced tax exposure, and created a clear retirement income plan. More importantly, he gained the confidence to see that retiring earlier than he had imagined was actually possible. His situation highlights what many WellMed physicians experience — the need to shift from day-to-day financial management into long-term strategic planning once employer stock and retirement timing enter the picture.

Get to Know Ramiro Marmolejo, Financial Advisor for UnitedHealth Group Employees:

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

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