A couple weeks ago, a client—having just returned from sabbatical—told me she has “one more sabbatical before retirement.” Her plan, she said, is to have her “last day of Intel employment be the last day of [her] next sabbatical. “But then,” she continued, “I will probably want to work until I receive my April vesting…and then the next quarterly bonus…”... Read More
At Cordant we have the opportunity to work with many current or former Intel employees. With this opportunity comes the responsibility of ensuring that their financial plans, planning strategies, and retirement assets are up to speed with the ever-changing employee and retirement benefits programs. This year, being no different, Intel has communicated changes that impact both current employees and qualified... Read More
At Cordant we have the opportunity to work with many current or former Intel employees. With this opportunity comes the responsibility of ensuring that their financial plans, planning strategies and retirement assets are up to speed with the ever-changing employee and retirement benefits programs. This year, being no different, Intel has communicated changes that impact both current employees and qualified... Read More
A 4-step Guide to Making the Most of Your Investment OptionsThis eBook provides an easy-to-follow process that will help you make sense of the Intel investment options. After reading it, you'll:Understand the importance of setting an allocation that is right for youBe able to discern between the actively managed and index funds offeredKnow how to reduce the investment costs that... Read More
Do you have enough to retire? Answering this question confidently is one of the biggest decisions of your life. And today’s retirement landscape is so complex that making this decision effectively requires individuals take a measured and planned approach to their retirement. But many at Intel (and elsewhere) do not feel prepared – and that’s not surprising considering the number... Read More
What's the best way to manage my accounts? As an employee of Intel, you have access to a wide number of investment options, accounts, and benefits through your Intel retirement plan. These can be very valuable for your retirement planning and – at the same time – very complex and time-intensive to manage. The fact is, the traditional financial advisory... Read More
Intel is simplifying its retirement plan lineup by removing six investment options This change goes into effect September 1st, 2017 If you own any of these funds and don't make a change before the deadline, your investment will be automatically sold and the proceeds transferred into an age-appropriate retirement date fund For a complete list of eliminated funds and potential... Read More
Starting in 2009, Intel announced a new form of stock compensation in the form of Outperformance Stock Units (OSUs) for top executives (MCM members) and expanded the OSU grants to executives grade 12+ in 2014 (coinciding with the last year of stock options). In 2017 for those levels 12+, OSUs will make up 60% of the focal grant’s value with... Read More
Now that we’ve calculated years of service and determined retirement eligibility, it’s time to see how they interact with retiree benefits. The benefits are grouped as follows: Medical Stock Compensation Bonus Pension Life Insurance Medical Benefits Health and Vision Coverage Retirees can continue medical coverage for themselves, their spouse and eligible dependents through the Intel Retiree Medical Plan (IRMP). In... Read More
Not everyone leaving Intel, even if it’s their last job, officially retires from Intel. The company has very specific retirement eligibility rules and subsequent benefits accruing to official retirees. And, as with all Intel benefit plans, these benefits can be enormously valuable but are often complex and difficult to determine how they apply to your specific situation. We help our... Read More
