RAP/Pension InterestRate Chart July 2019
BP EMPLOYEES, Please be aware that we are watching the current situation with interest rates very carefully and will be notifying you if there was a meaningful reversal of the current trend. June’s interest rates (for those of you retiring before October 1st, 2019) dropped significantly and were inline with our expectations. As stated in last [...]
BP 401(k) Model Allocations – Q3/2019
Attention BP Employees, Capstone RIA is pleased to announce the release of our Q3 2019 model allocations for your BP ESP 401(k). If you have been following our models this year you should be pretty pleased with the results so far. Based on current economic conditions both domestic and globally, we are reaffirming our Q2 2019 [...]
RAP/Pension InterestRate Chart June 2019
BP EMPLOYEES, May’s interest rates (for those of you retiring before September 1 st , 2019) dropped noticeably and are currently at some of the lowest levels in several years. It appears rates will continue to drop significantly lower next month as well. This is especially good news for Heritage employees who are looking to retire [...]
RAP/Pension InterestRate Chart May 2019
ATTENTION BP EMPLOYEES, April’s interest rates (for those retiring before August 1st, 2019) have continued their decline over the past several months. This is mostly due to concerns that an economic slowdown may be coming for several major foreign countries and concerns about how that could impact the currently strong US economy. This past month has [...]
RAP/Pension InterestRate Chart April 2019
ATTENTION BP EMPLOYEES, March’s interest rates (for those retiring before July 1st, 2019) have dropped significantly but this is in line with our expectations. The drop was largely due to the Federal Reserve indicating another shift in its outlook and hinting it may consider lowering interest rates sometime later this year or in early 2020. This [...]
BP 401(k) Model Allocations – Q2/2019
Attention BP Employees, Capstone RIA is happy to announce the release of our Q2 2019 model allocations for your BP ESP 401(k) as well as the launch of refineryretirement.com, a new website designed as your go-to resource for your Employee Savings Plan and Pension accounts. This new site will be updated regularly with features designed to [...]
