AT&T employees who are nearing retirement have a lot on their minds right now. For one, you could lose a significant amount on your pension lump sums if it is calculated based on currently higher interest rates. In addition, you are faced with high market volatility and the potential for a recession.
By helping people get the most from their AT&T retirement benefits, we tend to focus on the things we can control. How much to save in the AT&T 401(k) plan. What funds to invest in. Which pension to choose – lump sum or monthly annuity. What about the things we can’t control?
As a married couple, part of creating a secure financial future involves planning around the unfortunate passing of the other. Just imagine if your spouse has to take control of the household’s finances without knowing what funds are rightly owed to him or her.
One of the best AT&T benefits for employees is a 401(k) account. It allows you to save, invest and grow money to supplement your AT&T pension. But, what happens when you retire or change jobs? What should you do with the money you’ve saved in your AT&T 401(k) account?
Although AT&T employees are provided a pension, the ability to retire on your terms depends greatly on the health of your 401(k). The AT&T 401(k) plan allows you to grow your savings for retirement. Unlike the pension, however, you do all the legwork.
Retirement is about using your accumulated wealth to live comfortably on your own terms. At least, this is how retirement is supposed to work. Unfortunately, many people find their financial futures hindered by debt. Retiring from AT&T is a great accomplishment, one you don’t want clouded by owing your money or time to someone else.
A common question we’re asked: How can I make sure my spouse is financially provided for? In this article we take a closer look at the AT&T Survivor Benefit options.
With a new year comes new decisions. As an AT&T employee that means making new choices regarding your AT&T benefits. Of course, what you need to do depends on where you are.
If you’re on the fence of about retiring from AT&T sooner rather than later, the latest interest rate change may impact your decision.
