Retired in 2022. Lost all my healthcare. I now pay $14K per year. What is the projected revenue and profit margins for the quarter look like ? Market gains should help but even with the gains the last few yrs the firm finds new ways to lose money. Any update on the Boca property and is the pension going to be taken on by the PBGC ?
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I hate Mutual of America
It is 16K+ a year now as a retiree. Family is 38k+. That's the EPO. PPO almost double those. Don't know the supplemental numbers until the Medicare kicks in. Those that retired early to keep medical coverage were the biggest losers in this 'transition'.
Not understanding some think this is fake news. Not sure if you heard, but the compnay took away healthcare subsidies for retirees. How is that fake news ? Ask the people that it affects.
@ah
Fake News
@af
Fake News.
Thanks. That is what I was afraid of. Just got the annual funding DB notice and it looks like it is about $60M underfunded ? If that is true, that's alot. Can someone talk to the underfunding status. All I got is Social Security, the pension and a small 401k. After 20+ yrs. Healthcare costs are so high ! 3 more yrs to Medicare.
I’m taking the lump sum the second I breathe my last breath of the foul MoA air. The DB is already in danger of falling below minimum funding levels, and that lump option will go bye-bye when it happens. The next step after that is a PBGC takeover of the plan. You’ll probably get your money eventually, but it will be tied up in government red tape for years. Take it and run is my advice.