Your Raytheon Technologies (RTX) Benefits & Career: Financial Planning for Employees and Executives

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

Whether you’re a new Raytheon Technologies 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 Raytheon Technologies benefits available to you?

✅If you’re thinking about leaving Raytheon Technologies 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 Raytheon Technologies Benefits and Compensation Package

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

Whether you work in the Raytheon Technologies headquarters in Arlington, Virginia, 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 Raytheon Technologies 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 Raytheon Technologies 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 Raytheon Technologies (RTX) 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 Raytheon Technologies Employees & Executives
2. Get Answers to Your Questions About Your Raytheon Technologies Benefits and Career
3. Quick Facts & Resources for Raytheon Technologies Employees
4. Browse Related Articles

Q&A: Financial Planning Tips for Raytheon Technologies (RTX) Employees & Executives

Answers to RTX Employee Questions with Jeffrey Davis, AAMS®

Jeffrey Davis is a financial advisor based in Santa Barbara, California who specializes in offering financial planning services to Raytheon employees. Jeffrey helps his clients get the most value from their Raytheon benefits and compensation package so they can enjoy life and feel confident about their financial future.

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

Jeffrey: When working with Raytheon employees, I start by helping them understand the full scope of their benefits package—because maximizing retirement readiness begins with leveraging what’s already available. I focus on strategies that integrate the Raytheon savings plan (such as the RTX 401(k) with potential employer match), as well as supplemental benefits like the Employee Stock Purchase Plan, all within a broader financial plan.

We explore contribution limits, Roth versus traditional deferrals, and tax-efficient withdrawal strategies to enhance long-term growth potential. I also guide clients through decisions around pension options and deferred compensation, ensuring they align with their broader retirement goals and cash flow needs. Ultimately, I tailor each strategy to the individual’s career stage and life priorities, bringing clarity to complex choices and helping them confidently move toward financial independence.

Q: When you first speak with a Raytheon 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?

Jeffrey: When I first meet with a Raytheon employee, my goal is to understand both their financial picture and what truly matters to them—because a great plan is built around purpose, not just numbers.

I typically start with questions like:

• What are your short-term and long-term goals—both personally and financially?
•  How confident do you feel about your current retirement strategy?
• Are you aware of all the benefits available to you through Raytheon, and are you using them to their full advantage?
• Do you have other financial priorities right now, like college savings, buying a home, or reducing taxes?

I also want to understand any life transitions on the horizon—whether it’s a career change, relocation, or family event—so we can anticipate and plan proactively.

These conversations often uncover opportunities to optimize their current benefit elections, adjust savings strategies, or build in tax-efficient planning. Ultimately, it’s about crafting a plan that’s aligned with their values, evolves with their life, and gives them peace of mind.

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

Jeffrey: One particularly powerful but underutilized benefit available to Raytheon employees in 2025 is the ability to implement a backdoor Roth strategy through the RTX 401(k) Plan (RAYSIP).

Raytheon allows employees to make after-tax contributions beyond the standard pre-tax and Roth limits—up to the 2025 total contribution cap of $70,000 (or $81,250 for ages 60–63 with catch-ups). These after-tax dollars can then be converted to Roth within the plan, creating a significant opportunity for long-term, tax-free retirement growth. Despite its potential, many employees overlook this option due to its complexity or lack of awareness.

Another valuable and often overlooked benefit is the MetLife Group Legal Plan, still available in 2025. For a modest monthly payroll deduction (typically $16–$20/month), Raytheon employees can access estate planning services like wills, trusts, and powers of attorney at no additional cost. It also covers a wide range of personal legal matters—without deductibles or copays when using in-network attorneys.

Both benefits can make a meaningful difference when incorporated into a thoughtful, comprehensive financial strategy. Helping employees understand and confidently navigate these opportunities is a key part of the work I do.

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

Jeffrey: Absolutely—beyond retirement savings, Raytheon offers several benefits that can significantly enhance a client’s financial well-being when integrated into a broader plan.

One standout is the Employee Stock Purchase Plan (ESPP), which allows employees to purchase RTX stock at a 15% discount through payroll deductions. This can be a powerful tool for long-term wealth accumulation, especially when paired with a disciplined diversification strategy.

Raytheon’s Employee Scholar Program is another exceptional benefit. It provides 100% reimbursement for tuition, books, and fees for approved degree programs—with no cap on the number of degrees. For clients looking to advance their careers or pivot professionally, this is a tremendous value.

The Health Savings Account (HSA), available with Raytheon’s high-deductible health plans, is also worth highlighting. Contributions are triple tax-advantaged, and Raytheon contributes to the account as well. For clients who can afford to pay current medical expenses out of pocket, the HSA becomes a stealth retirement account for future healthcare costs.

Lastly, the MetLife Group Legal Plan continues to be a cost-effective way for employees to access estate planning services like wills and trusts—services that are often overlooked but critically important.

These benefits often go underutilized simply because they’re not well understood. I help clients evaluate which ones align with their goals—whether that’s reducing taxes, funding education, or protecting their family’s future.

Q: For Raytheon 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?

Jeffrey: For Raytheon employees nearing retirement, the transition from a steady paycheck to drawing income from various sources requires careful planning and coordination. I guide clients through a multi-step process that helps them feel confident and in control of this next chapter.

We start by mapping out all available income streams—401(k), pension (lump sum or annuity), Social Security, brokerage accounts, and any deferred compensation. From there, we build a tax-efficient withdrawal strategy that balances income needs with long-term sustainability.

One key opportunity is to take advantage of the ‘income valley’—the window between retirement and the start of required minimum distributions (RMDs). During this period, we often implement Roth conversions, harvest capital gains at favorable rates, or draw down taxable assets to manage future tax brackets.

We also evaluate healthcare coverage, including retiree medical benefits and Medicare timing, and ensure estate planning documents are up to date.

Ultimately, it’s about replacing the predictability of a paycheck with a well-structured income plan that aligns with their lifestyle, values, and legacy goals. I help clients make this shift with clarity and confidence—so they can focus on enjoying the freedom they’ve worked so hard to earn.

Q: For Raytheon 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?

Jeffrey: For Raytheon employees who’ve done a great job managing their finances independently, the decision to work with a financial advisor often comes down to complexity and confidence. As they near retirement or experience major life transitions, the stakes get higher—and so does the value of having a second set of eyes.

I encourage them to consider a few key questions:

• Are you confident in your retirement income strategy—including how and when to draw from your 401(k), pension, and Social Security?
• Have you evaluated the tax impact of your decisions, including Roth conversions, RMDs, and capital gains?
• Do you have a plan for healthcare costs, estate planning, and legacy goals?
• Are you making the most of Raytheon’s more advanced benefits—like deferred compensation, the backdoor Roth strategy, or the ESPP?

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

Jeffrey: Raytheon employees often encounter unique planning challenges that stem from the structure of their compensation, evolving retirement benefits, and the tax implications of various elections. One common issue is navigating the transition from legacy pension plans to cash balance plans following the merger with United Technologies. Many employees are unsure how to weigh lump sum versus annuity options, or how these fit into their broader retirement income strategy.

Another challenge is the underutilization—or mismanagement—of advanced savings opportunities like after-tax 401(k) contributions and in-plan Roth conversions. While Raytheon offers the ability to implement a backdoor Roth strategy, many employees either miss the conversion step or don’t understand the tax implications, which can lead to missed opportunities or unintended tax bills.

Deferred compensation planning is also a key area of concern, especially for higher-level employees. Elections must be made well in advance and are irrevocable, so aligning those decisions with future cash flow needs and tax brackets is critical.

Finally, equity compensation—such as RSUs and ESPP participation—can create concentrated stock risk and unexpected tax consequences if not managed proactively.

I help clients overcome these challenges by building integrated plans that coordinate all these moving parts. We model different scenarios, optimize tax strategies, and ensure that each decision—from pension elections to stock diversification—is aligned with their long-term goals. The goal is to bring clarity to complexity and help them make confident, informed choices.

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

Jeffrey: I always encourage Raytheon employees to ask prospective financial advisors questions that go beyond investment performance. The goal is to find someone who understands the nuances of Raytheon’s benefits and can provide truly personalized guidance. Here are a few key questions to consider:

• Do you have experience working with Raytheon employees or are you familiar with the RTX Savings Plan, pension options, and deferred compensation?
• Do you act as a fiduciary at all times—and can you explain what that means in practice?
• How are you compensated? Are there any commissions or product sales involved?
• Can you help me with more than just investments—like tax planning, estate strategies, and benefit elections?
• What is your process for building a retirement income plan that includes my 401(k), pension, Social Security, and other assets?
• How do you stay up to date on changes to Raytheon’s benefits and the broader financial landscape?
• What kind of ongoing support and communication can I expect from you?

These questions help uncover whether an advisor is not only technically competent but also aligned with your values, communication style, and long-term goals. It’s about finding a partner—not just a portfolio manager.

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

Jeffrey: One thing that frequently comes up—and surprises both me and the Raytheon employees I meet with—is just how underutilized and complex their benefits package can be, especially for those who’ve spent years with the company.

Many are unaware of advanced planning opportunities like after-tax 401(k) contributions and in-plan Roth conversions (a backdoor Roth strategy), or they haven’t evaluated deferred compensation elections, which require early, irrevocable decisions that can significantly impact future cash flow and taxes.

Pension decisions are another common challenge—particularly for employees navigating the transition from legacy defined benefit plans to cash balance formats after the Raytheon–UTC merger. Choosing between lump sum and annuity options often comes with uncertainty and wide-ranging financial implications.

It’s also surprising how many employees have accumulated substantial retirement savings but haven’t yet mapped out a coordinated withdrawal strategy—one that aligns income sources like 401(k), pension, and Social Security while managing taxes across retirement.

Lastly, I often discover that clients are paying into the MetLife Legal Plan but haven’t taken advantage of the included estate planning services such as wills, trusts, and powers of attorney.

These realizations can be eye-opening—and they reinforce how valuable it is to work with someone who can integrate all these moving parts into a cohesive, personalized strategy.

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

Jeffrey: For highly compensated Raytheon employees and executives, there are several specialized benefits that warrant close attention when building a comprehensive financial plan.

One of the most impactful is the RTX Compensation Deferral Plan, which allows eligible employees to defer salary, bonuses, and other compensation beyond IRS limits. This can be a powerful tool for managing taxable income and aligning cash flow with future retirement needs. Timing and structure are critical, as elections must be made in advance and are irrevocable.

Executives may also receive Performance Share Units (PSUs), Restricted Stock Units (RSUs), and Stock Appreciation Rights (SARs) through Raytheon’s Long-Term Incentive Plans. These awards come with vesting schedules, tax implications, and concentration risk—especially when combined with 401(k) holdings and ESPP participation. I help clients evaluate when to exercise, diversify, or hold based on their broader portfolio and tax strategy.

Additionally, Raytheon offers a Lifetime Income Strategy (LIS) within the 401(k) plan, which provides guaranteed income options. While this can be attractive for some, it may limit flexibility and preclude strategies like Net Unrealized Appreciation (NUA), so it’s important to assess fit on a case-by-case basis.

Finally, executives should consider supplemental disability insurance and legal benefits that go beyond standard offerings, especially given income levels that exceed base policy caps.

These benefits can be incredibly valuable—but only when integrated thoughtfully into a broader plan that considers taxes, timing, and long-term goals.

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

Jeffrey: One particularly memorable experience was working with a long-tenured Raytheon engineer who was approaching retirement and had accumulated a significant balance across multiple benefit plans—including a legacy pension, after-tax 401(k) contributions, deferred compensation, and unexercised stock options.

What stood out was how unaware he was of the tax implications tied to each of these accounts. For example, he hadn’t yet initiated in-plan Roth conversions on his after-tax 401(k) contributions, which meant he was missing out on a powerful backdoor Roth opportunity. He also hadn’t considered how his deferred compensation payouts would overlap with required minimum distributions, potentially pushing him into a much higher tax bracket.

Through our planning process, we were able to model different income scenarios, optimize the timing of his pension election, and implement a multi-year Roth conversion strategy during his lower-income retirement window. We also helped him diversify out of concentrated RTX stock positions and take advantage of the MetLife Legal Plan to update his estate documents.

That experience reinforced how uniquely complex—and potentially rewarding—Raytheon’s benefits can be when integrated thoughtfully. It also highlighted the value of proactive planning, especially for employees who’ve done a great job accumulating assets but haven’t yet mapped out how to turn them into a sustainable, tax-efficient retirement income.

Get to Know Jeffrey Davis Financial Advisor for Raytheon Employees:

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

Quick Facts & Resources for Raytheon Technologies Employees

Raytheon Technologies Quick Facts & Resources	Details / Useful Links
Raytheon Technologies Corporate Headquarters Address	1000 Wilson Blvd, Arlington, VA 22209, USA (📍 Google Maps)
Overview of Raytheon Technologies Benefits	Visit this page to learn more about benefits at Raytheon
How much do Raytheon Technologies employees Make?	View Raytheon Technologies Salary Research on Glassdoor
Where can I learn more about careers at Raytheon Technologies?	Visit this page to learn more about careers at Raytheon
How many people work for Raytheon Technologies?	Raytheon Technologies has over 174,000 employees worldwide (Source: Raytheon LinkedIn Page)
What is the ticker symbol for Raytheon Technologies stock?	The Raytheon Technologies ticker symbol is RTX.

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