3 Critical Considerations for Delta Buyouts

If you’re a Delta employee or know someone who is, take a few minutes to listen to this special episode dedicated to the buyout offer being made by the airline. We’ll tell you what three considerations you need to make before making any career decisions.

The Game Plan

Delta Air Lines announced in May that it will offer early retirements and buyouts to employees as a way to reduce its workforce in the wake of the coronavirus pandemic.

This will impact many people across the Minneapolis and St. Paul metropolitan areas and we want to make sure you make the right decisions with this offer. That’s why we recorded this special edition of the Retirement Playbook Podcast, which will lay out the three critical considerations you need to make before any decision is made.

We work with Delta employees all the time on their retirement plan and want to help you as well. If you have any other questions about the buyout and how it impacts your future, please give us a call at 952-401-1671.

Listen to the full episode or click on the timestamps below to skip around.

 

The X’s & O’s

Check out the timestamps below to skip around to specific topics on the show.

[0:45] – Let’s start with the first consideration. Have a plan.

[2:00] – Second, consider the lump sum option with a pension.

[2:47] – Third, take a look at the 401k.

 

“This is an incredible, possibly a once-in-a-lifetime offer that Delta is offering its employees. It might make sense to take them up on it.”

– Dale Tondryk

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Show Host

Dale Tondryk - The Coach

Dale Tondryk is president at Tondryk Wealth Management, LLC. He has more than 30 years of experience in the insurance and annuity industry and holds a Bachelor’s of Science from Southwest Minnesota State University.

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