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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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ExxonMobil Q4 Lump-Sum Payments Likely to Fall, Based on Rising Rates

Jun 23, 2022 11:50:45 AM
written by The Retirement Group

Interest rates are trending upward, and if this trend continues ExxonMobil lump-sum payments will drop again in the fourth quarter of this year. The IRS has recently released the Segment rates for the month of May, recorded at: 3.23% / 4.59% / 4.69%. May's segment rates saw an increase of about 0.3% (in the second segment), which is a substantial jump for a single month.  This ongoing trend upward looks to be an early indicator of bad news for ExxonMobil employees opting for a lump-sum in the future.


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posted in Financial Planning, Lump Sum, Pension, Retirement Planning, ExxonMobil, Inflation

Handling Market Volatility with Confidence

Jun 4, 2022 11:45:00 AM
written by The Retirement Group

Investing in 2019 was fairly easy. The Standard & Poor’s 500 Index (S&P) returned nearly 28% for the year with only a few bumps along the way. Today, however, we're faced with a very different market. More and more uncertainties are seemingly hitting the headlines every day, from the global spread of COVID-19 and its potentially wide-spread economic impact, to a historically low Treasury note, and plummeting oil demand, resulting in a 13% drop in the S&P year-to-date, substantially wiping out gains from the past 12 months.


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posted in Financial Planning, Lump Sum, Pension, Retirement Planning

ExxonMobil Lump-Sum Payments Likely to Decline in Q4 Based on Current Trajectory

May 25, 2022 9:56:18 AM
written by The Retirement Group

Interest rates are trending upward, and if this trend continues ExxonMobil lump-sum payments will drop again in the fourth quarter of this year. The IRS has recently released the Segment rates for the month of April, recorded at: 3.00% / 4.22% / 4.17%. April's segment rates saw an increase of about 0.5% (in the second segment), which is a substantial jump for a single month.  This ongoing trend upward looks to be an early indicator of bad news for ExxonMobil employees opting for a lump-sum in the future.


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posted in Financial Planning, Lump Sum, Pension, Retirement Planning, ExxonMobil, Inflation

ExxonMobil's 3rd Quarter Interest Rates Released, Pension Lump Sum Payments Likely to Decrease

Apr 20, 2022 4:43:54 PM
written by The Retirement Group

Want to see our most updated article on ExxonMobil interest rates, click here.

Interest rates are tending upward, if this trend continues it will decrease the value of ExxonMobil employees' pension lump-sums. The IRS has recently released the Segment rates for the month of March, recorded at: 2.44% / 3.71% / 3.94%. Over the course of 2021 and now into 2022, interest rates at ExxonMobil increased significantly, which greatly reduced many lump sum payments. With record low rates culminating in the first quarter of 2021, ExxonMobil employees have since seen a significant increase in interest rates. We saw rates rise consistently in 2021 and with the announcement of March segment rates those waiting until the third quarter will likely see an even further reduction in lump sums. This ongoing trend upward looks be an early indicator of bad news for ExxonMobil employees opting for a lump-sum in the future.


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posted in Financial Planning, Lump Sum, Pension, Retirement Planning, ExxonMobil, Inflation

Interest Rates Jump, Indicating ExxonMobil's Pension Lump Sum Payments May Have Peaked

Mar 25, 2022 11:15:13 AM
written by The Retirement Group

Interest rates are tending upward, if this trend continues it will decrease the value of ExxonMobil employees' pension lump-sums. The IRS has recently released the Segment rates for the month of February, recorded at: 1.88% / 3.35% / 3.70%. Over the course of 2021 and now into 2022, interest rates at ExxonMobil increased significantly, which greatly reduced many lump sum payments. With record low rates culminating in the first quarter of 2021, ExxonMobil employees have since seen a significant increase in interest rates. We saw rates rise consistently in 2021 and with the announcement of February segment rates those waiting until the third quarter will likely see an even further reduction in lump sums. This recent trend upward looks be an early indicator of bad news for ExxonMobil employees opting for a lump-sum in the future.


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posted in Financial Planning, Lump Sum, Pension, Retirement Planning, ExxonMobil

ExxonMobil's Lump Sum Payments may have already Peaked as Interest Rates Jump

Feb 21, 2022 12:18:00 PM
written by The Retirement Group

Interest rates are tending upward, if this trend continues it will decrease the value of ExxonMobil employees' pension lump-sums. The IRS has recently released the Segment rates for the month of January, recorded at: 1.41% / 3.02% / 3.36%. Over the course of 2021 and now into 2022, interest rates at ExxonMobil increased significantly, which greatly reduced many lump sum payments. With record low rates culminating in the first quarter of 2021, ExxonMobil employees have since seen a significant increase in interest rates. We saw rates rise consistently in 2021 and with the announcement of January segment rates those retiring in the second quarter will see an even further reduction in lump sums. This recent trend upward looks be an early indicator of bad news for ExxonMobil employees opting for a lump-sum in the future.


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posted in Financial Planning, Lump Sum, Pension, Retirement Planning

Will Infrastructure Investment Pave the Way to a Stronger Economy?

Jan 26, 2022 4:05:29 PM
written by The Retirement Group

In November 2021, Congress passed the Infrastructure Investment and Jobs Act, a roughly $1 trillion package that reauthorized existing programs and provided more than $550 billion in new funding over the next five years to help upgrade aging U.S. transportation, water, power generation, and communication systems.1 The American Society of Civil Engineers applauded the bipartisan legislation, calling it a significant down payment on the $2.5 trillion in deficiencies identified in the industry group's 2021 Report Card for America's Infrastructure.2


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posted in Financial Planning, Retirement Planning, Infrastructure

ExxonMobil's Lump Sum Payments are Decreasing as Interest Rates Rise

Jan 25, 2022 3:52:02 PM
written by The Retirement Group

Interest rates are tending upward, if this trend continues it will decrease the value of ExxonMobil employees' pension lump-sums. The IRS has recently released the Segment rates for the month of December, recorded at: 1.16% / 2.72% / 3.10%. Over the course of 2021, interest rates at ExxonMobil increased significantly, which greatly reduced many lump sum payments. With record low rates culminating in the first quarter of 2021, ExxonMobil employees have since seen a significant increase in interest rates. We saw rates rise consistently in 2021 and with the announcement of December segment rates those retiring in the second quarter will see an even further reduction in lump sums. This recent trend upward might be an early indicator of bad news for ExxonMobil employees opting for a lump-sum.


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posted in Financial Planning, Lump Sum, Pension, Retirement Planning

ExxonMobil Lump Sums Rise, as Rates Cool

Oct 24, 2021 11:30:00 AM
written by The Retirement Group

For ExxonMobil employees, it is crucial to understand how interest rates can impact your lump-sum particularly those who live in Texas.

While monthly interest rates are trending upward, quarter over quarter blended rates actually fell from Q4 2021 to Q1 2022. If the broader trend of rising interest rates continues it will decrease the value of ExxonMobil employees' pension lump-sums, but for Q1 2022 employees should actually see their lump-sum amounts increase. The IRS has recently released the Segment rates for the month of September, recorded at: 0.7% / 2.55% / 3.06%. Over the course of 2021, interest rates at ExxonMobil increased significantly, which greatly reduced many lump sum payments. With record low rates culminating in the first quarter of 2021, ExxonMobil employees have since seen a significant increase in interest rates. We saw an increase in rates for the second, third, and fourth quarters of 2021 in the second segment, and now first quarter rates for 2022 have dropped slightly. Rates fell roughly 0.24% in the second segment, in the last quarter. The short term rates have experienced a slight increase, while the long term rates decreased significantly by 0.34%. Even though blended rates for the second quarter of 2022 will not be known until the end of December, month over month increases in segment rates may be an early indicator of bad news for ExxonMobil employees opting for a lump-sum.


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posted in Financial Planning, Lump Sum, Pension, Retirement Planning, ExxonMobil

Here are 10 Tips If You're Leaving AT&T

Oct 20, 2021 2:51:00 PM
written by The Retirement Group

This article is important to you considering your experience at AT&T as an employee. 

Many people ask about ways to stay afloat while they’re in-between jobs. What people fail to realize is oftentimes the steps you take before leaving your current job can be even more crucial. Here are a few tips to consider before leaving AT&T.


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posted in Financial Planning, Lump Sum, Pension, Retirement Planning

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Information regarding the lump-sum payout may or may not apply to specific employees based on factors such as mergers, acquisitions, years of service, age, or the date an employee was hired.