RAP/Pension InterestRate Chart November 2022
BP Employees: Interest rates for October, affecting retirees collecting their BP RAP (Retirement Accumulation Plan) benefits on February 1st, 2023, moved mostly in-line with our estimate for rates. In the coming month, we expect interest rate decreases from current levels as the Federal Reserve Bank begins slowing down its rate increases. This is good news and [...]
RAP/Pension InterestRate Chart October 2022
BP Employees: Interest rates for September, affecting retirees collecting their BP RAP (Retirement Accumulation Plan) benefits on January 1st, 2023, moved mostly in-line with our estimate for rates, showing a dramatic increase as we had predicted. In the coming month, we expect to see an even more significant increase in ALL rates affecting your BP RAP [...]
RAP/Pension InterestRate Chart September 2022
BP Employees: Interest rates for July, affecting retirees collecting their BP RAP (Retirement Accumulation Plan) benefits on December 1st, 2022, moved mostly in-line with our estimate for rates, showing little change from the month before. This month however, we expect to see a dramatic increase in ALL rates affecting your BP RAP value. You may [...]
HF Sinclair 401(k) Model Allocations – Q4/2022
Attention HF Sinclair Employees, As financial markets continue their declines from the start of the year, we want to make sure that investors know that you do have options for how to approach this market in its current condition. First off, we would highly recommend you discuss your individual situation with one of our experienced financial [...]
Hilcorp 401(k) Model Allocations – Q4/2022
Attention Hilcorp Employees, As financial markets continue their declines from the start of the year, we want to make sure that investors know that you do have options for how to approach this market in its current condition. First off, we would highly recommend you discuss your individual situation with one of our experienced financial advisors [...]
BP 401(k) Model Allocations – Q4/2022
Attention BP Employees, As financial markets continue their declines from the start of the year, we want to make sure that investors know that you do have options for how to approach this market in its current condition. First off, we would highly recommend you discuss your individual situation with one of our experienced financial advisors [...]
RAP/Pension InterestRate Chart August 2022
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 most [...]
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 to [...]
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 cheerful, [...]
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 get [...]
