BP Employees: Interest rates for July, impacting retirees collecting their BP RAP benefits on November 1st, 2022, moved mostly in-line with our estimates for rates to be slightly changed from June’s figures. Please keep in mind that June’s figures showed an exceptionally large increase from previous levels. Currently, electing to take November 1st is the
RAP/Pension InterestRate Chart July 2022
ATTN BP Employees, Interest rates for June, impacting retirees collecting their BP RAP benefits on October 1st, 2022, were mostly in-line with our estimates, which called for a dramatic increase in interest rates from May’s figures. While this increase is the largest increase we have seen in several months, it comes as no surprise due
RAP/Pension InterestRate Chart June 2022
ATTN BP Employees, Interest rates for May, impacting retirees collecting their BP RAP benefits on September 1st, 2022, unsurprisingly raised substantially last month. In a move unseen since 1994, the Federal Reserve has taken an aggressive stance toward inflation by raising the key interest rate by 3/4 of a percentage point. Although investors initially seemed
RAP/Pension InterestRate Chart May 2022
ATTN BP Employees, Interest rates for April, impacting retirees collecting their BP RAP benefits on August 1st, 2022, unsurprisingly raised significantly last month. Fed Chair Jerome Powell and several of the Fed Board of Governors have been talking publicly about the need to continue raising short-term rates throughout the remainder of 2022 in order to
RAP/Pension InterestRate Chart April 2022
ATTN BP Employees, Interest rates for March, impacting retirees collecting their BP RAP benefits on July 1st, 2022, continue to raise rapidly. In an early April speech, Fed Governor Lael Brainard said the central bank needs to act “quickly and aggressively” to drive down inflation. She indicated that upcoming interest rate increases could be higher
RAP/Pension InterestRate Chart March 2022
ATTN BP Employees, Interest rates for February, impacting retirees collecting their BP RAP benefits on June 1st, 2022, saw a rapid increase. The Federal Reserve recently announced that for the first time in three years, it would increase short-term interest rates by a quarter of a percentage point. In addition, the Fed has stated that
BP 401(k) Model Allocations – Q2/2022
Attention BP Employees, Capstone Wealth Advisors is pleased to announce the release of our Q2/2022 Model 401(k) Allocations. It is no secret the start of 2022 has been a wild ride for investors. With the war breaking out in Ukraine, inflation spiking and shocks to global supply chains, volatility has returned to the forefront of
Marathon 401(k) Model Allocations – Q2/2022
Attention Marathon Employees, Capstone Wealth Advisors is pleased to announce the release of our Q2/2022 Model 401(k) Allocations. It is no secret the start of 2022 has been a wild ride for investors. With the war breaking out in Ukraine, inflation spiking and shocks to global supply chains, volatility has returned to the forefront of
Hilcorp 401(k) Model Allocations – Q2/2022
Attention Hilcorp Employees, Capstone Wealth Advisors is pleased to announce the release of our Q2/2022 Model 401(k) Allocations. It is no secret the start of 2022 has been a wild ride for investors. With the war breaking out in Ukraine, inflation spiking and shocks to global supply chains, volatility has returned to the forefront of
Holly Frontier 401(k) Model Allocations – Q2/2022
Attention Holly Frontier Employees, Capstone Wealth Advisors is pleased to announce the release of our Q2/2022 Model 401(k) Allocations. It is no secret the start of 2022 has been a wild ride for investors. With the war breaking out in Ukraine, inflation spiking and shocks to global supply chains, volatility has returned to the forefront