Thursday, February 18, 2010

GATT at 4.75% Today

It's now obvious that the GATT Rate is going to be substantially higher for the 2nd Quarter 2010. We still have a few more weeks to go until we know how much higher it will be, but it is starting to look like the PBGC calculations will produce the highest lump sum amounts. As we posted on Tuesday, the PBGC Rate has also gone up. If you have questions about how your lump sum might project in the 2nd Quarter of this year, please call Harris Financial Group at (800) 281-3980.

We're sure you are hearing lots of rumors in the mid-Atlantic about enhanced ISP offers, but so far we have not received any official confirmation. Please remember, we are in no way affiliated with Verizon, but we are happy to discuss your retirement with you if you have any questions.

Please call Harris Financial Group at (800) 281-3980. We would respectfully ask that other financial advisers refrain from calling us for information, as we would prefer to focus on helping our own clients and prospective clients.