FOR TELECOM EMPLOYEES2023-01-18T18:40:21+00:00
For Telecom Employees
MONTHGATT RATE
AUGUST 20234.28%
JULY 20233.96%
JUNE 20233.86%
MAY 20233.86%
APRIL 20233.68%
MARCH 20233.77%
FEBRUARY 20233.80%
JANUARY 20233.67%
DECEMBER 20223.66%
NOVEMBER 20223.99%
OCTOBER 20224.02%
SEPTEMBER 20223.55%
AUGUST 20223.13%
Source: www.irs.gov

If you, like thousands of other telecom employees, find your pension and retirement process overwhelming and confusing, we understand. Compass Point began working with phone company employees in 1998 and invested time and resources to gain valuable experience with the pension and separation process. Over the years, we’ve witnessed sales, mergers, and contract negotiations, and adjusted our knowledge and services to meet these changes and challenges

Our commitment to the employees of the phone company doesn’t stop at retirement planning. We are proud to have been involved as a sponsor for numerous charitable events. We are here to help with all facets of retiring: allocations from 401ks to every last detail of the pension paperwork process. You don’t have to go it alone… Let our team of advisors work for you. We are here to help.

Telecom News

VERIZON DECLARES QUARTERLY DIVIDEND | 12.7.17  —  Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 59 cents per outstanding share, unchanged from the previous quarter. The dividend is payable on Feb. 1, 2018, to Verizon shareowners of record at the close of business on Jan. 10, 2018. View Article >>

AOL LAYOFFS COMING? VERIZON COULD CUT 2,000 JO BS AFTER MERGER | 6.8.17  —  Recent reports claim that Verizon Communications Inc. (NYSE:VZ), the owner of AOL, will be reducing the company’s workforce after it merges with Yahoo. The merger is set to take place once VZ finishes its acquisition of YHOO. View Article >>

Frontier Communications has laid off at least 53 employees in Connecticut as part of company-wide staff reduction of 1,000 workers that was announced in early November. —  Frontier Communications has laid off at least 53 employees in Connecticut as part of company-wide staff reduction of 1,000 workers that was announced in early November. View Article >>

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Disclaimer

This material was created to provide information on the subjects covered, but should not be regarded as a complete analysis of these subjects. The information provided cannot take into account all the various factors that may affect your particular situation. The services of an appropriate professional should be sought regarding before acting upon any information or recommendation contained herein to discuss the suitability of the information/recommendation for your specific situation.

Gallagher Fiduciary Advisors, LLC (“GFA”) is an SEC Registered Investment Advisor that provides retirement, investment advisory, discretionary/named and independent fiduciary services. GFA is a limited liability company with Gallagher Benefit Services, Inc. as its single member. GFA may pay referral fees or other remuneration to employees of AJG or its affiliates or to independent contractors; such payments do not change our fee. Neither Arthur J. Gallagher & Co., GFA, their affiliates nor representatives provide accounting, legal or tax advice.

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