AT&T RETIREMENT SAVINGS PLAN

AT&T RETIREMENT SAVINGS PLAN is a Defined Contribution Plan. This plan depending on the AT&T RETIREMENT SAVINGS PLAN SPD guidelines can be paid out as a lump sum.

AT&T RETIREMENT SAVINGS PLAN is a Defined Contribution Plan. Generally, this Plan type creates an account for each independent Contributor where a defined amount is being provided by the Contributor, the employer or both. Some instances of this type of plan are 401(k), 401(a), Employee Stock Ownership Plan (ESOP), Savings Plans and Profit-Sharing Plans. In the AT&T RETIREMENT SAVINGS PLAN, the Alternate Payee is typically awarded a portion of the Contributor's account balance as of a specific date, defined as either a percentage, or a specific dollar amount. The AT&T RETIREMENT SAVINGS PLAN will create a separate account for the Alternate Payee, where they will have the ability to utilize investment opportunities that are available for other contributors in the Plan. Upon termination, retirement, or QDRO, this AT&T RETIREMENT SAVINGS PLAN plan type usually allows the Alternate Payee the ability to receive an immediate lump sum distribution (or withdrawal). The Alternate Payee can also decide to transfer the awarded funds from the AT&T RETIREMENT SAVINGS PLAN to a different tax qualified account of their choice for example, an Individual Retirement Account (IRA). Before making any transfers or withdrawals, it is crucial for the Alternate Payee to consult with the Plan administrator, who can be reached at DALLAS, Texas 75313-2160, in order to be fully aware of any potential tax consequences that may arise from either the nature or the timing of the transfer or withdrawal.

Since there are multiple AT&T INC. savings options, we encourage you to call 210-351-3333 or mail your administrator at P.O. BOX 132160 DALLAS texas.

Features of the AT&T PENSION BENEFIT PLAN may also include:

• You may have a  "Profit-Sharing Plan", where employer contributions are variable and are based upon a portion of company profits based upon quarterly or annual earnings.
• This Plan permits Participants to direct the investment of his or her retirement accounts.
• You may have a  "Stock Bonus" Plan, where the employer contributes company stock to an employee's account. Contributions to a stock bonus plan are discretionary. Stock Bonus Plans cannot discriminate toward highly compensated employees, such as executives. Annual contributions to a stock bonus plan are limited to 25% of each employee's total compensation.
• You may have a cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan and provides for an election by employees to defer part of their compensation or receive these amounts in cash. It is also known as a "401(k) Plan".
• You may have a Plan where employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contributions to the plan.
• You may have an Employee Stock Ownership Plan (ESOP), where the sponsoring company contributes newly issued stock, existing treasury stock, or cash to the Plan, which is then used to purchase shares from the selling shareholder
• You may have a plan where Participant-directed brokerage accounts are provided as an investment option
• You may have a plan that provides for automatic enrollment for employees and has elective contributions that are deducted from payroll
• You may have a plan that provides for total or partial participant-directed account(s). In other words, this Plan uses a default investment account for participants who fail to direct assets in their account.

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AT&T INC. Healthcare Basics

AT&T INC. and Miscellaneous Employer-Sponsored Health Insurance

AT&T INC. and employer-sponsored health insurance is a health policy selected and purchased by your employer or AT&T INC. and offered to eligible employees and their dependents. These are also called group plans or AT&T INC. group health insurance. Depending on where you work your employer, if not AT&T INC., will typically share the cost of your premium with you.  If you work for AT&T INC. you could reach out by calling the AT&T INC. plan administrator at 210-351-3333 or inquiring via mail at P.O. BOX 132160 DALLAS texas 210-351-3333.

Advantages of an employer plan:

• Your employer often splits the cost of premiums with you.

• Your employer does all of the work choosing the plan options.

• Premium contributions from your employer are not subject to federal taxes, and your contributions can be made pre-tax, which lowers your taxable income.

Miscellaneous Employer and AT&T INC. Health Insurance Plan Types and Definitions

It has been reported that just over 200 million Americans have health insurance coverage from commercial or private market health insurance.  Over the past 30 years, the financial and legal structure of such insurance has varied. No one "model" has dictated the market, although there are strong trends -- from the original "indemnity" or fee-for-service approach of 25 years ago, to HMOs (Health Maintenance Organizations) in the 1990's, to "Preferred Provider Organizations" (PPOs) in the past ten years.

The specific terms and structures can be confusing to employers, AT&T INC. enrollees, and even policymakers. The summary definitions below were compiled and promulgated by the United States Department of Labor.  NCSL has added notations in selected cases, with source footnotes.

The Federal Health Reform Law: The Affordable Care Act of 2010 (ACA) has numerous provisions that changed the structure and extent of health insurance coverage at AT&T INC. and other employer sponsored plans

The Act states that the Secretary [of Health and Human Services] shall define the essential health benefits for certain health plans. The Act further instructs the Secretary to ensure that the scope of the essential health benefits is equal to the scope of benefits provided under a typical employer plan. The Act requires the Secretary of Labor to conduct a survey of employer-sponsored coverage to determine the benefits typically covered by employers, and to report the results of the survey to the Secretary of Health and Human Services. To get details on how ACA affects AT&T INC. reach out to the plan administrator at 210-351-3333 or mail them at P.O. BOX 132160 DALLAS texas 210-351-3333.

Basic Type of health Insurance at AT&T INC. and other employers

Various companies and different type of plans. To get the details contact your company and if you work for AT&T INC., read the Healthcare SPD call AT&T INC. at 210-351-3333 or mail them at P.O. BOX 132160 DALLAS texas 210-351-3333. Lets discuss the basics

Indemnity plan - A type of medical plan that reimburses the patient and/or provider as expenses are incurred.

Conventional indemnity plan -An indemnity that allows the participant the choice of any provider without effect on reimbursement. These plans reimburse the patient and/or provider as expenses are incurred.

Preferred provider organization (PPO) plan- An indemnity plan where coverage is provided to participants through a network of selected health care providers (such as hospitals and physicians). The enrollees may go outside the network, but would incur larger costs in the form of higher deductibles, higher coinsurance rates, or non-discounted charges from the providers.

Exclusive provider organization (EPO) plan - A more restrictive type of preferred provider organization plan under which employees must use providers from the specified network of physicians and hospitals to receive coverage; there is no coverage for care received from a non-network provider except in an emergency situation.

Health maintenance organization (HMO) - A health care system that assumes both the financial risks associated with providing comprehensive medical services (insurance and service risk) and the responsibility for health care delivery in a particular geographic area to HMO members, usually in return for a fixed, prepaid fee. Financial risk may be shared with the providers participating in the HMO.

Group Model HMO - An HMO that contracts with a single multi-specialty medical group to provide care to the HMO membership. The group practice may work exclusively with the HMO, or it may provide services to non-HMO patients as well. The HMO pays the medical group a negotiated, per capita rate, which the group distributes among its physicians, usually on a salaried basis. HMO's can be broken down into, Staff Model HMO, Network Model HMO , Individual Practice Association (IPA) HMO

Point-of-service (POS) plan - A POS plan is an "HMO/PPO" hybrid; sometimes referred to as an "open-ended" HMO when offered by an HMO. POS plans resemble HMOs for in-network services. Services received outside of the network are usually reimbursed in a manner similar to conventional indemnity plans (e.g., provider reimbursement based on a fee schedule or usual, customary and reasonable charges).

Physician-hospital organization (PHO)- Alliances between physicians and hospitals to help providers attain market share, improve bargaining power and reduce administrative costs. These entities sell their services to managed care organizations or directly to employers.

Medigap Supplemental Plans - Roughly 10 million Medicare beneficiaries purchase Medigap policies from private insurance companies, at a cost that ranges from approximately $1,000 to $5,000 per year, depending on the options available in the plan and the state of purchase. Studies have shown that Medigap policy holders use more medical services than those enrolled in traditional Medicare alone, primarily because the most popular Medigap plans provide "first-dollar" coverage. This means that Medigap actually pays the Medicare deductibles, copayments, and other expenses that beneficiaries are typically required to pay as a means of spreading the cost burden and reining in unnecessary use of services. [Medigap from Health Affairs, 9/11]