myWork/Life

Find the ideal balance between your work and personal life through programs and resources that support you in all facets of life.


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Late Career

In your late career, there are certain things that you should think about as you wind down your work life and start planning for retirement. Below are some considerations to help you prepare for life’s next great adventure.

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If you participate in a high-deductible health plan (HDHP) through the Northrop Grumman Health Plan, you may be able to establish and contribute to a Health Savings Account (HSA). The HSA is a tax-favored account that allows you to set aside money on a pre-tax basis to be used for reimbursement of eligible medical and prescription expenses.

Your HSA can be used to pay for deductibles, coinsurance, and other qualified healthcare expenses. The money in your account rolls over from year to year. You can also invest your HSA for the future and the investment returns grow tax-free!* This means if you don’t use the contributions in your account, you can let the money grow and you can use the funds in the future, including in retirement. You own your HSA.

For more information, go to the Health Savings Account  page.

*With respect to Federal taxation but may or may not apply to State taxation. Please consult with your tax advisor for more information on the State tax implications for HSA contributions.

Northrop Grumman’s My Well-being program includes a number of webinars to help you navigate numerous financial topics, from budgeting and developing an emergency fund to making investment decisions to building a retirement income plan.

Click here for an upcoming schedule of webinars.

Through Fidelity® Personalized Planning & Advice, Fidelity’s managed accounts service, you’ll have access to a team of planning consultants who can work with you to create, implement and track a plan that helps you reach your goals. This optional service provides a fee-based professional investment management alternative for your 401(k) plan.

To learn more, visit Fidelity® Personalized Planning & Advice.

At Northrop Grumman we understand that employees sometimes require flexibility in their work schedules. Our Flex Work policies allow you to set flexible hours to integrate your work and life.  Eligible employees can also enroll in the 9/80 work schedule, which consists of working eight 9-hour days, one 8-hour day, and getting one day off in a 2-week period.

Paid Time Off (PTO)

Paid Time Off (PTO) is an accrued, vested benefit based on your years of service and can be taken for vacation, sick days or for other personal reasons such as waiting for a repair technician at home, attending a child’s school activities or participating in community events.

Paid Time Off eligibility is subject to applicable collective bargaining agreement(s), if any, to all union employees.

The NGCare coaching and counseling benefit offers you access to expert, confidential advice to help you sort through your late-career questions or issues. You can:

  • Schedule telephone or video counseling visits online
  • Explore online resources
  • Get referrals to legal and financial advice

For more information, visit the NGCare page.