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AT&T Workers Confront the Most Significant Pension Decrease in Decades




AT&T employees who stay with the company into 2023 could see the largest reduction in their pension lump-sum payments in a generation. In this video, we cover the projected pension drop, how to calculate your pension, and how to potentially avoid pension losses.
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#retirement #att #401k #taxplanning #pension

00:00 – Introduction
00:10 – About TRG
04:41 – Pension Benefits Overview
05:25 – Pensions Options
07:34 – Service Pension Eligibility
09:26 – How Interest Rates Affect Pension
10:47 – Where Are Rates Now?
15:47 – Historic Interest Rates
16:05 – Example 1
17:58 – Example 2
22:12 – Pension Formulas
22:25 – Cash Balance Account
23:40 – CAM Benefit
23:58 – CAM Adjusted Career Income
26:56 – CAM Early Retirement Discount
27:50 – CAM Age Penalties
29:13 – Forms of Payment
31:37 – Get A Second Opinion
33:30 – Schedule A Meeting
34:08 – Disclosure
34:15 – Q&A Session
49:32 – Closing Remarks
50:11 – Outro

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Disclaimer: Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Past performance is no guarantee of future results. Fees are incurred when assets are under the management of advisors affiliated with The Retirement Group. Therefore, the information presented here should only be relied upon when coordinated with individual professional advice. Securities offered through FSC Securities Corporation, member FINRA/SIPC. Investment Advisor Representative of & Advisory Services offered through The Retirement Group, LLC. The Retirement Group is not affiliated with . The Retirement Group 5414 Oberlin Drive San Diego, CA 92121 (800) 900-5867…(read more)


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