BP 401(k) Model Allocations – Q4/2020

Attention BP Employees, Capstone Wealth Advisors is pleased to release our Q4 2020 401(k) model allocations for your BP ESP.  As US and global economies continue to recover from the impacts of COVID-19, we expect to see continued overall growth but with heightened volatility namely in conjunction with the upcoming presidential election. Many of you

Hilcorp 401(k) Model Allocations – Q4/2020

Attention Hilcorp Employees, Capstone Wealth Advisors is pleased to release our Q4 2020 401(k) model allocations for your Hilcorp 401(k).  As US and global economies continue to recover from the impacts of COVID-19, we expect to see continued overall growth but with heightened volatility namely in conjunction with the upcoming presidential election. Many of you

RAP/Pension InterestRate Chart September 2020

BP EMPLOYEES, Interest rates for August, which impact BP Employees collecting their pension on December 1, were flat compared to November’s rates and mostly inline with our expectations. Our outlook for interest rates in January suggests we will see another month of minimal changes in rates. The slight change in rates means retirees should anticipate

RAP/Pension InterestRate Chart August 2020

BP EMPLOYEES, The interest rates for July, which impact BP Employees collecting their pension on November 1st, continued to decline and were almost exactly in line with our estimated rates. For those of you currently elected for a November 1st Benefit Commencement date, we recommend you keep the elected date. If you have not yet

RAP/Pension InterestRate Chart July 2020

BP EMPLOYEES, June’s interest rates impacting those of you collecting your pension on October 1st, declined as expected and was mostly in line with our forecast from last month. The impact these lower rates will have on your pension value can vary significantly from person to person. It is important to take a close look

BP 401(k) Model Allocations – Q3/2020

Attention BP Employees, Capstone Wealth Advisors is pleased to announce the release of our Q3 2020 model allocations for your BP ESP. As the effects from COVID-19 continue, so does the heightened volatility in financial markets. The second quarter of 2020 was a drastically different scenario from the first quarter, with equity markets recouping a

BP & Hilcorp 401(k) Model Allocations – Q3/2020

Attention BP Employees, Capstone Wealth Advisors is pleased to announce the release of our Q3 2020 model allocations for your BP ESP & Hilcorp 401(k). As the effects from COVID-19 continue, so does the heightened volatility in financial markets. The second quarter of 2020 was a drastically different scenario from the first quarter, with equity

RAP/Pension InterestRate Chart June 2020

BP EMPLOYEES, May interest rates, affecting those of you selecting September 1st as your benefit commencement date, continued to decline. This decline was mostly in line with our expectations and gradual declines in coming months are expected.  September is currently the best month to collect your pension lump sum. The Federal Reserve expanded its bond

RAP/Pension InterestRate Chart May 2020

BP EMPLOYEES, April’s interest rates, affecting those of you retiring before August 1st, show a substantial decline versus March’s rates. We expect May rates to continue that decline as US Government stimulus programs continue their current track. Please note, we are forecasting another noticeable rate drop in May and as result, September is currently the

BP 401(k) Model Allocations – Q2/2020

Attention BP Employees, Capstone Wealth Advisors is pleased to announce the release of our Q2 2020 model allocations for your BP ESP. The first quarter of 2020 was turbulent to say the least. During the week of March 9th through 16th, the Dow Jones Industrial Average (DJIA) experienced several of the greatest percentage losses it