For Parents at Endeavor Group Holdings: 4 Steps to Protecting a Child with Disabilities

Parents employed in Endeavor Group Holdings may relate to how raising a child is expensive and can cost a quarter of a million dollars, not including college. For a child with special needs, that cost can more than double.1 If you’re the parent of a special needs child, it’s vital to ensure your child will continue to be provided for after you’re gone. It can be difficult to contemplate, but with patience, love, and perseverance, a long-term strategy is attainable and can help bring some peace of mind.

Envisioning a Life Without You

Just as every child with special needs is unique, so too are the challenges facing their families when planning for the long term. As an employee of Endeavor Group Holdings, you must think about the potential needs of your child. Will they require daily custodial care? Ongoing medical treatments? Will your child live alone or in a group home? Can family members assume some of the care? Answers to these and other questions can help form the vision of what may need to be done to plan for your child’s care.

Planning Your Estate

Without proper planning, your child’s lifetime needs can quickly outstrip your funds. With that under consideration, those in Endeavor Group Holdings may want to consider government benefits, such as Supplemental Security Income (SSI) and Medicaid, which your child may qualify for depending on their situation. Because such government programs have low-asset thresholds for qualification, you may want to consider whether to make property transfers to your special needs child.

As an employee of Endeavor Group Holdings, you should also make sure you have an up-to-date will that reflects your wishes. Consider creating a special needs trust, the assets of which can be structured to fund your child’s care without disqualifying them from government assistance.2

Involve the Family

All affected family members should be involved in the decision-making process. If at all possible, it’s best to have a united front of surviving family members to care for your child after you’ve passed on.

Identify a Caregiver

In order for a caregiver to make financial and health care decisions after your child reaches adulthood, the caregiver must be appointed as a guardian. Those in Endeavor Group Holdings may want to consider how this can take time, so start setting this in motion as soon as you can amidst your busy work schedule.

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To do this, you can write a “Letter of Intent” to the caregiver and family to express your wishes along with information about your child’s care. Endeavor Group Holdings parents must acknowledge that although this isn’t a legal document, it may help to communicate your desires. Store this letter alongside your will, in a safe place.

Endeavor Group Holdings parents must understand that planning for a child with special needs can be complicated and overwhelming, but you don’t have to do it alone. Working with loved ones and qualified professionals can help you navigate the various facets of this challenge. If we can help, please don’t hesitate to reach out.

1. Policygenius, 2019
2. Using a trust involves a complex set of tax rules and regulations. Before moving forward with a trust, consider working with a professional who is familiar with the rules and regulations.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.

Brinker International offers a 401(k) Savings Plan to its employees, which is available to all active participants, including both salaried and hourly-tipped employees. The plan allows participants to make contributions from their compensation, including tip income, up to the maximum deferrable amount permitted by the IRS. Brinker International matches employee contributions in cash at a rate of 100% of the first 3% of pay and 50% of the next 2% of pay. As of 2022, discretionary employer contributions were discontinued (SEC.gov) (Brinker Investors). Participants in the Brinker International 401(k) plan are immediately vested in their contributions, employer matching contributions, and any earnings. Withdrawals from the plan are allowed upon termination of employment, retirement, or when a participant reaches the age of 59½. Active participants may also make withdrawals under specific hardship conditions (SEC.gov) (Brinker Investors). Brinker International's 401(k) plan allows for investments in a variety of options, including mutual funds, money market funds, and Brinker common stock (Brinker Investors). The financial reports for the plan's assets and the related details for 2022 can be found in Brinker’s SEC filings, such as their Form 11-K, where the statements of net assets and changes in net assets for 2021 and 2022 are documented

Restructuring and Layoffs: In early 2024, Endeavor Group Holdings announced a significant restructuring plan aimed at streamlining operations and reducing overhead costs. This involved laying off approximately 10% of their workforce. The restructuring is part of a broader strategy to improve operational efficiency and align with evolving market demands. Given the current economic environment, characterized by inflationary pressures and market volatility, such strategic moves are crucial for maintaining financial stability and competitive positioning. 2. Benefit Changes: As part of the restructuring, Endeavor Group Holdings also revised its employee benefits program. This included modifications to healthcare plans and changes in the eligibility criteria for various employee benefits. These changes reflect the company's need to control costs while adapting to shifting employee expectations and regulatory requirements. In the context of the ongoing economic uncertainty and evolving tax policies, these adjustments are significant for employees to understand and plan for their financial future.

Company Name: Endeavor Group Holdings Endeavor Group Holdings typically offers stock options and restricted stock units (RSUs) as part of its employee compensation package. These options and RSUs are available to various employees, often including executives and senior management, based on their role and performance. For Endeavor Group Holdings, stock options and RSUs are usually detailed in the company's annual reports and proxy statements. These documents outline the types of equity awards given, eligibility criteria, and the vesting schedules. In 2022, 2023, and 2024, Endeavor Group Holdings has continued to grant stock options and RSUs, focusing on aligning employee incentives with company performance and shareholder value.

Healthcare-related Terms and Acronyms: HSA: Health Savings Account, a tax-advantaged savings account paired with a high-deductible health plan (HDHP). HDHP: High-Deductible Health Plan, offering lower premiums but higher deductibles. FSA: Flexible Spending Account, a savings option for medical expenses, including Limited Purpose FSA and Dependent Care FSA. EAP: Employee Assistance Program, offering mental health support, counseling, and emotional wellness resources. PTO: Paid Time Off, covering vacation, holidays, and sick leave.