FOR TELECOM EMPLOYEES 2018-08-21T14:05:08+00:00
For Telecom Employees
MONTHGATT RATE
MAY 20183.13%
FEBRUARY 20183.13%
NOVEMBER 20172.80%
AUGUST 20172.80%
MAY 20172.96%
FEBRUARY 20173.03%
NOVEMBER 20162.86%
AUGUST 20162.26%

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.

CLICK HERE TO VIEW THE IRS INTEREST RATE TABLES >>

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 >>

To EIPP or Not To EIPP

We have worked with many phone company employees faced with deciding or not to take the Enhanced Income Protection Plan (EIPP). The reality that this is a formalized severance package — an offer designed to sweeten your pot if you qualify and are willing to retire early — perhaps earlier than you had expected or planned. In our experience, this is as much an emotional decision as it is financial. We created this guide to share facts you should know and outline steps you might want to take. These steps and facts should make the decision process clearer.

Click here if you’d like to learn more >>