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. ------------------------------------------------------------------------------------------------------------------------------------------------------- #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 Meeti...
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)