AT&T SAVINGS AND SECURITY PLAN

AT&T SAVINGS AND SECURITY PLAN is a Defined Contribution Plan. This plan depending on the AT&T SAVINGS AND SECURITY PLAN SPD guidelines can be paid out as a lump sum.

AT&T SAVINGS AND SECURITY PLAN is a Defined Contribution Plan. Generally, this Plan type creates an account for each independent Contributor where a defined amount is being provided by the Contributor, the employer or both. Some instances of this type of plan are 401(k), 401(a), Employee Stock Ownership Plan (ESOP), Savings Plans and Profit-Sharing Plans. In the AT&T SAVINGS AND SECURITY PLAN AT&T SAVINGS AND SECURITY PLAN, the Alternate Payee is typically awarded a portion of the Contributor''s account balance as of a specific date, defined as either a percentage, or a specific dollar amount. The AT&T SAVINGS AND SECURITY PLAN will create a separate account for the Alternate Payee, where they will have the ability to utilize investment opportunities that are available for other contributors in the Plan.

Upon termination, retirement, or QDRO, this AT&T SAVINGS AND SECURITY PLAN plan type usually allows the Alternate Payee the ability to receive an immediate lump sum distribution (or withdrawal). The Alternate Payee can also decide to transfer the awarded funds from the AT&T SAVINGS AND SECURITY PLAN to a different tax qualified account of their choice for example, an Individual Retirement Account (IRA). Before making any transfers or withdrawals, it is crucial for the Alternate Payee to consult with the Plan administrator, who can be reached at DALLAS, texas 75313-2160, in order to be fully aware of any potential tax consequences that may arise from either the nature or the timing of the transfer or withdrawal.

Since there are multiple AT&T INC. savings options, we encourage you to call 210-351-3333 or mail your administrator at P.O. BOX 132160 DALLAS texas.

Features of the AT&T RETIREMENT SAVINGS PLAN may also include:

1. A "Profit-Sharing Plan" can be available to you, in which case employer payments are changeable and determined by a percentage of business profits derived from quarterly or annual earnings.

2. This Plan permits Participants to direct the investment of his or her retirement accounts.

3. You can have a "Stock Bonus" plan in which the business funds an employee's account with company stock. A stock bonus scheme allows for optional contributions. Stock Bonus Plans are not allowed to treat highly paid staff members, such executives, differently. A stock bonus plan may only receive annual contributions equal to 25% of an employee's gross pay.

4. If your qualifying defined contribution plan includes a cash or deferred arrangement (as defined in Code section 401(k)), you may have an arrangement where employees can choose to receive these amounts in cash or delay portion of their remuneration. Another name for it is a "401(k) Plan".

5. You might have a plan in which employer payments are entirely or partially determined by employee deferrals or contributions to the plan, or in which employee contributions are divided among distinct plan accounts.

6. You may have an Employee Stock Ownership Plan (ESOP), where the sponsoring company contributes newly issued stock, existing treasury stock, or cash to the Plan, which is then used to purchase shares from the selling shareholder

7. You may have a plan where Participant-directed brokerage accounts are provided as an investment option

8. You may have a plan that provides for automatic enrollment for employees and has elective contributions that are deducted from payroll

9. It's possible that your plan allows for full or partial participant-directed account(s). Stated differently, in the event that a participant fails to direct assets in their account, this Plan will employ a default investment account.

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AT&T INC. Healthcare Basics

AT&T INC. and Miscellaneous Employer-Sponsored Health Insurance

AT&T INC. and employer-sponsored health insurance is a health policy selected and purchased by your employer or AT&T INC. and offered to eligible employees and their dependents. These are also called group plans or AT&T INC. group health insurance.  Depending on where you work your employer, if not AT&T INC., will typically share the cost of your premium with you.  If you work for AT&T INC. you could reach out by calling the AT&T INC. plan administrator at 210-351-3333 or inquiring via mail at P.O. BOX 132160 DALLAS texas 210-351-3333.

Advantages of an employer plan:

1. Your employer often splits the cost of premiums with you.

2. Your employer does all of the work choosing the plan options.

3. Premium contributions from your employer are not subject to federal taxes, and your contributions can be made pre-tax, which lowers your taxable income.   

Miscellaneous Employer and AT&T INC. Health Insurance Plan Types and Definitions

It has been reported that just over 200 million Americans have health insurance coverage from commercial or private market health insurance.  Over the past 30 years, the financial and legal structure of such insurance has varied. No one "model" has dictated the market, although there are strong trends -- from the original "indemnity" or fee-for-service approach of 25 years ago, to HMOs (Health Maintenance Organizations) in the 1990's, to "Preferred Provider Organizations" (PPOs) in the past ten years. 

The specific terms and structures can be confusing to employers, AT&T INC. enrollees, and even policymakers.  The summary definitions below were compiled and promulgated by the United States Department of Labor.  NCSL has added notations in selected cases, with source footnotes.

The Federal Health Reform Law:  The Affordable Care Act of 2010 (ACA) has numerous provisions that changed the structure and extent of health insurance coverage at AT&T INC. and other employer sponsored plans 

The Act states that the Secretary [of Health and Human Services] shall define the essential health benefits for certain health plans. The Act further instructs the Secretary to ensure that the scope of the essential health benefits is equal to the scope of benefits provided under a typical employer plan.The Act requires the Secretary of Labor to conduct a survey of employer-sponsored coverage to determine the benefits typically covered by employers, and to report the results of the survey to the Secretary of Health and Human Services. To get details on how ACA affects AT&T INC. reach out to the plan administrator at 210-351-3333 or mail them at P.O. BOX 132160 DALLAS texas 210-351-3333.

Basic Type of health Insurance at AT&T INC. and other employers

Various companies and different type of plans. To get the details contact your company and if you work for AT&T INC.,  read the Healthcare SPD call AT&T INC. at  210-351-3333 or mail them at P.O. BOX 132160 DALLAS texas 210-351-3333. Lets discuss the basics

Indemnity plan - A type of medical plan that reimburses the patient and/or provider as expenses are incurred.

Conventional indemnity plan - An indemnification that lets the member select any provider without affecting their ability to get reimbursed. These programs pay out as costs are incurred to the patient and/or provider.

Preferred provider organization (PPO) plan - An indemnity plan in which members receive coverage via a network of pre-selected healthcare providers (doctor offices and hospitals, for example). Enrollees who choose to travel outside the network will pay more because they will have to pay higher deductibles, higher coinsurance rates, or non-discounted provider charges.

Exclusive provider organization (EPO) plan - A more stringent kind of preferred provider organization plan wherein employees can only obtain coverage from hospitals and physicians in the designated network; non-network providers are not covered unless an emergency arises.

Health maintenance organization (HMO) - A health care system that, typically in exchange for a set, prepaid charge, takes on the financial risks involved in offering HMO members comprehensive medical services (insurance and service risk) as well as the responsibility for health care delivery in a certain geographic area. The HMO's participating providers may share financial risk.

Group Model HMO - An HMO that arranges for its members to receive care from a single multispecialty medical group. The group practice has the option of working only with the HMO or offering its services to patients who are not members of the HMO. The medical group receives a negotiated per capita rate from the HMO, which it typically pays on a salaried basis to its doctors. There are three different types of HMOs: Individual Practice Association (IPA) HMO, Network Model HMO, and Staff Model HMO.

Point-of-service (POS) plan - An "HMO/PPO" hybrid, a POS plan is also known as a "open-ended" HMO when provided by an HMO. For in-network services, POS plans are comparable to HMOs. Reimbursement for services rendered outside of the network is typically handled similarly to traditional indemnity plans (i.e., reimbursement to providers according to a schedule of fees or normal, customary, and reasonable costs).

Physician-hospital organization (PHO) - Partnerships between hospitals and doctors to increase market share, strengthen their negotiating position, and save overhead. These companies offer their services directly to employers or to managed care groups.

Medigap Supplemental Plans - Depending on the options offered in the plan and the state of purchase, the cost of a Medigap policy can range from $1,000 to $5,000 annually, which is what almost 10 million Medicare beneficiaries pay for from private insurance firms. Because the most common Medigap plans offer "first-dollar" coverage, studies have revealed that policyholders with Medigap consume more medical services than those enrolled in conventional Medicare alone. In order to distribute the cost and reduce overuse of treatments, Medigap really covers the Medicare deductibles, copayments, and other costs that beneficiaries normally have to pay. [Health Affairs Medigap, 9/11]