Rates are up, lump sums are down. Feds expected to raise rates thru 2023. Are you staying or going?
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Not going to be a "small loss" by years end. Each .25/.50% rise in GATT/PBGC rate could be as much as 25k-40k loss each rise. Going to add up real fast.
Keep it in cash like the billionaires.
If you retired recently and put your money in the market you are probably getting hammered. I am glad I didn’t. Safer to take the small loss with rate hikes and still get a paycheck. This may not be the best time to go
They will always be crumbs from King Hans table.
@lcw+1gz7YGfV the 0% PBGC rate still applies if you retire in May.
I'm staying until I get my handout. I spend most of my days at Mickey Dees anyways.
Verizon will use the 0% PBGC rates till July 1st. Many Techs in my area put in their retirement papers included myself before the July 1st rate increase.
If you did your homework you would have left Feb/March when the PBGC rate was 0%. But.........no one saw these rate hikes coming.