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Building Your Roadmap to Retirement
 

Telecom Employees

Telecom Employees, are you asking yourself any of these questions?

  • What are my pension options at retirement?
  • What options do I have with my 401k?
  • How can I receive penalty free income at retirement?
  • Will I run out of money?
  • Should I draw my Social Security benefit early?

We have developed a unique process that helps identify your current financial position and provides a concise roadmap to maximize your retirement.  Our Roadmapping Process gives us the opportunity to design clear goals as well as monitor and update progress along your path.  Our consultations and workshops are designed to help you to begin building your Roadmap to Retirement. 

Complimentary Consultations: 

We offer complimentary consultations with our Certified Financial Planning Professionals by appointment.  

Workshops:

Our workshops are designed specifically for YOUR company sponsored retirement benefits as other financial considerations.  Our workshops are free of charge and during lunch at several convenient locations throughout the Metroplex.  For a list of our upcoming events, please call 214-545-3314 or email us at reservations@ffec.com

AT&T Employee Pension

Managers

The interest rate used to calculate a managers pension changes each quarter. This change is based on the average daily rate for the middle month of the calendar quarter immediately prior to the retirement commencement date.¹ This rate has an inverse relationship with the value of your lump sum; as rates increase, your lump sum pension amount decreases.  Conversely, as rates decrease, your lump sum pension amount increases.

Bargained

The interest rate calculation used to determine a bargained employee’s pension changes annually.

This change is based on the average daily rate for the month of November of the preceding year and applies to the retirement commencement dates for the following entire year.¹ This rate also has an inverse relationship with the value of your lump sum; as rates increase, your lump sum pension amount decreases.  Conversely, as rates decrease, your lump sum pension amount increases.

Fidelity Net Benefits Log In 

¹ Source: AT&T Pension and Retirement Services. Armstrong Purselley has obtained the information on this page from documents obtained from the employer. The information contained on this page has been obtained from sources which we believe to be reliable, but we do not guarantee its accuracy or completeness. It is important that you read the plan documents and obtain answers to any questions you may have.


Verizon Employee Pension

There are 3 different rates that are used as a benchmark when calculating lump sum distributions: GATT rate (30-year treasury bond interest rate), PBGC, and T-Bond (10-year treasury bond interest rate).² These rates have an inverse relationship with the value of your lump sum; as rates increase, your lump sum pension amount decreases.  Conversely, as rates decrease, your lump sum pension amount increases.