Retire-On-Purpose-With-Purpose

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..  
 
 
Schedule A Call

Wesley Boudreaux of The Retirement Group (800) 900-5867


Recent Posts

Chevron Rates Fall, Pushing Lump Sums Higher

Oct 22, 2021 10:15:00 AM
written by Wesley Boudreaux of The Retirement Group (800) 900-5867

It is crucial for Chevron employees, particularly those who reside in Texas, to understand how interest rates can impact your lump-sum.

Chevron interest rates decreased by 0.05% in the most influential segment for those who commence their benefit in December 2021. While rates short-term and medium-term rates rose over the last month, the lower average rate will result in slightly higher lump-sums for those retiring in December. When Chevron employees elect the month they would like to begin their pension, Chevron looks back to the third, fourth, and fifth month's rates to calculate the rates used for the pension disbursement. When interest rates move up or down, your pension lump sum amount will move in an inverse relationship. Through the pandemic, interest rates dropped dramatically which has greatly increased many lump sum payments. This trend culminated in record lows for individuals who commenced their benefits in December of 2020. However, since December, rates have increased, causing a reduction in pension lump-sums.


Read More

posted in Pension, Interest rates, Chevron

New Tax Bill Proposal Summary

Sep 21, 2021 2:15:00 PM
written by Wesley Boudreaux of The Retirement Group (800) 900-5867

 

1. Individual income tax rates

If you work for Corporate Employee and are in your Retirement Years this information will apply to you specifically. The top tax rate is proposed to return to 39.6% from 37%, where it has been since the 2018 implementation of the Tax Cuts and Jobs Act. The bracket would apply to individuals earning more than $400,000 or $450,000 for married couples filing jointly.


Read More

posted in Tax, Proposal

Chevron Rates Decreasing, Pushing Lump Sums Upward

Sep 15, 2021 12:00:00 AM
written by Wesley Boudreaux of The Retirement Group (800) 900-5867

Chevron interest rates decreased 0.11% in the most influential segment for those who commence their benefit in November 2021. This correlates to this month's overall decrease in rates, and the result will be slightly higher lump-sums for those retiring in November. When Chevron employees elect the month they would like to begin their pension, Chevron looks back to the third, fourth, and fifth month's rates to calculate the rates used for the pension disbursement. When interest rates move up or down, your pension lump sum amount will move in an inverse relationship. Through the pandemic, interest rates dropped dramatically which has greatly increased many lump sum payments. This trend culminated in record lows for individuals who commenced their benefits in December of 2020. However, since December, rates have increased, causing a reduction in pension lump-sums.


Read More

posted in Pension, Interest rates

Chevron Interest Rates Decline, Raising Lump-Sums

Aug 19, 2021 3:02:31 PM
written by Wesley Boudreaux of The Retirement Group (800) 900-5867

 

Chevron interest rates decreased 0.19% in the second segment for those who commence their benefit in October 2021. This is the first time in several months that interest rates have dropped this much, and the result will be slightly larger lump-sums for those retiring in October. When Chevron employees elect the month they would like to begin their pension, Chevron looks back to the third, fourth, and fifth month's rates to calculate the rates used for the pension disbursement. When interest rates move up or down, your pension lump sum amount will move in an inverse relationship. Through the pandemic, interest rates have dropped dramatically which has greatly increased many lump sum payments. This trend culminated in record lows for individuals who commenced their benefits in December of 2020. However, since December, rates have increased, causing a reduction in pension lump-sums.


Read More

posted in Pension, Interest rates

Chevron Interest Rates Trend Downward, Slightly Pushing Lump-Sums Up

Jul 21, 2021 2:25:58 PM
written by Wesley Boudreaux of The Retirement Group (800) 900-5867

 

Chevron interest rates decreased 0.07% in the second segment for those who commence their benefit in September 2021. This is the first time in several months that interest rates have dropped, and the result will be slightly larger lump-sums for those retiring in September.  When Chevron employees elect the month they would like to begin their pension, Chevron looks back to the third, fourth, and fifth month's rates to calculate the rates used for the pension disbursement. When interest rates move up or down, your pension lump sum amount will move in an inverse relationship. Over the last year, interest rates have dropped dramatically which has greatly increased many lump sum payments. This trend culminated in record lows for individuals who commenced their benefits in December of 2020. However, since December, rates have to increased, causing a reduction in lump-sums.


Read More

posted in Pension, Interest rates

Rising Interest Rates for Chevron Cause Lump-Sums to Decrease

Jun 19, 2021 10:47:00 AM
written by Wesley Boudreaux of The Retirement Group (800) 900-5867

 


Read More

posted in Pension, Interest rates

A Sharp Increase in Chevron Interest Rates Cause Lump-Sums to Decrease

Apr 15, 2021 12:20:59 PM
written by Wesley Boudreaux of The Retirement Group (800) 900-5867

 


Read More

posted in Pension, Interest rates

Chevron Lump-Sums Decrease as Interest Rates Rise

Mar 25, 2021 1:55:33 PM
written by Wesley Boudreaux of The Retirement Group (800) 900-5867

 


Read More

posted in Pension, Interest rates

Trajectory of Chevron Interest Rates Has Changed Significantly

Feb 18, 2021 12:16:51 PM
written by Wesley Boudreaux of The Retirement Group (800) 900-5867

 


Read More

posted in Pension, Interest rates

Chevron Interest Rates Tick Upward, Likely Decreasing the Value of 2021 Lump-Sums

Jan 25, 2021 9:53:00 AM
written by Wesley Boudreaux of The Retirement Group (800) 900-5867

 


Read More

posted in Pension, Interest rates

Check the background of this investment professional on FINRA BrokerCheck

TRG Retirement Guide

Subscribe for Email Updates

Recent Posts