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Retire On Purpose, With Purpose

 
When it comes to managing your retirement, a small mistake can cause a major loss of capital. That is why it's important to speak with a financial advisor who is familiar with your Company's benefits. Schedule a call today..  
 
 
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Tyson Mavar RICP® of The Retirement Group (800) 900-5867


Recent Posts

ConocoPhillips Interest Rates Decrease, Raising Lump Sums

Jul 15, 2021 4:00:00 PM
written by Tyson Mavar RICP® of The Retirement Group (800) 900-5867

 

Interest rates are trending in the right direction for ConocoPhillips employees, considering the lump sum option on their pension payment. Interest rates dropped for individuals that commence their benefits in Q4 2021. Over the course of 2020, interest rates dropped dramatically, which greatly increased many lump sum payments. However, interest rates have been on the rise since Q1 2021. A drop in Q4 indicates a shift in the trajectory of interest rates. If this continues lump-sums will rise again in Q1 2022. Should you desire to take your pension as a lump sum, ConocoPhillips will use interest rates and your age to calculate your lump sum payment. When interest rates move up or down, your pension lump sum amount will move in an inverse relationship (except for Cash Balance Pension Lump Sum payouts).


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posted in Pension, Interest rates

ConocoPhillips Interest Rates May Rise Again in Q4

Jun 16, 2021 10:46:00 AM
written by Tyson Mavar RICP® of The Retirement Group (800) 900-5867

 


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posted in Pension, Interest rates

Rising ConocoPhillips Interest Rates Reduce Lump-Sums

Apr 16, 2021 7:16:29 AM
written by Tyson Mavar RICP® of The Retirement Group (800) 900-5867

 


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posted in Pension, Interest rates

ConocoPhillips Interest Rates Have Changed Trajectory

Feb 20, 2021 10:00:00 AM
written by Tyson Mavar RICP® of The Retirement Group (800) 900-5867

 


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posted in Pension, Interest rates

ConocoPhillips Interest Rates Are Starting to Rise, Lump-Sums May Decrease in 2021

Jan 26, 2021 9:56:10 AM
written by Tyson Mavar RICP® of The Retirement Group (800) 900-5867

 


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posted in Pension, Interest rates

ConocoPhillips Interest Rates Hit Record Lows

Oct 19, 2020 12:10:03 PM
written by Tyson Mavar RICP® of The Retirement Group (800) 900-5867


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posted in Pension, Interest rates

Great News! ConocoPhillips Interest Rates Dropped Again

Oct 8, 2020 11:45:57 AM
written by Tyson Mavar RICP® of The Retirement Group (800) 900-5867


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posted in Pension, Interest rates