AT&T Emergency Transition Survival Kit


Introducing our "Emergency Transition Survival Kit," a curated guide designed specifically for individuals like yourself. This handy booklet serves as a roadmap providing information on topics such as your 401(k) and pension options, health insurance choices, and even job seeking. Whether you're exploring new career opportunities or enjoying a well-deserved retirement, our tailored advice is here to help you navigate your unique situation.

At Safe Money Mindset our mission is to empower you with knowledge so that you can make the right decisions at the right time. We strive to provide a path that helps you approach the next chapter of your life with confidence.

This guide can be a trusted companion throughout this transition, but we also recognize that every transition is a distinct experience. So, remember, when you need that customized support, you can always give us a call or shoot us an email.

The one thing we’ve learned from our hundreds of AT&T clients is that there truly is life after AT&T.



Your 401(k) is a vital part of your financial future, and understanding your options is key. As you transition from AT&T, here's what you need to know:

  • Rollover: Consider transferring your 401(k) into a new employer's plan or an Individual Retirement Account (IRA). This keeps your investments growing tax deferred.
  • Withdrawal: While withdrawing may provide immediate funds, it might come with penalties and severe tax consequences.
  • Leave it Alone: Depending on the plan's terms, you may be able to leave your 401(k) with AT&T. However this will leave you with limited investment options.
  • Professional Guidance: Your situation may not be so simple. Perhaps you have an existing 401(k) loan. It may be best for you to consult with a financial advisor, like a Safe Money Mindset partner, to explore the best option tailored to your situation.


If you participate in the AT&T pension plan, understanding how to manage it is equally important:

  • Lump-Sum Payment: Rolling your lump sum payment into an IRA is an option. This gives you full control over your money, but you will have to manage it correctly to ensure it lasts the rest of your life.
  • Annuity Payments: You can opt to receive guaranteed payments. This may provide stability, but the payments are fixed and do not increase with inflation over time. Also, if AT&T faces financial trouble, payments could be reduced or even terminated.
  • Consultation: Talk to a financial expert to determine the best course of action based on your individual needs and retirement goals. Perhaps there is a way to choose the lump sum option but still create your own guaranteed annuity payments outside of AT&T.


Transitioning into a new opportunity or retirement may require reevaluating your budget:

  • Assess Expenses: Identify necessary expenses and areas where you can cut back or adjust. Make a list of “needs” versus “wants”. The “needs” list is your bare-bone minimum amount you need to live. Your “wants” list is where you can find areas to cut back.
  • Emergency Fund: Ensure you have funds set aside for unexpected costs. You never know what the future may bring, it is best to be prepared.
  • Long-Term Planning: Whether it's for a new career or retirement, align your budget with your long-term goals. Understanding what you are actually trying to achieve financially is the first step to building a solid plan.
  • Personalized Support: Financial professionals, such as Safe Money Mindset's partners, can provide personalized budgeting assistance to ensure you're on track.

Read more tips on how to successfully navigate your finances during a transition here.



Transitioning from AT&T means considering your health insurance options. AT&T may offer you COBRA benefits. COBRA allows you to continue your existing coverage.

  • What is COBRA?: A temporary extension of your employer-provided health insurance. This will ensure continuity of coverage and access to the same providers and benefits. Read more about COBRA here.
  • Eligibility & Costs: You may be eligible for up to 18 months or, in certain cases, up to 36 months. However, costs can be significantly higher than what you are used to paying, so carefully evaluate this option.
  • Application: Contact your AT&T HR department; or call the AT&T Benefit Center at 877-722-0020 for specific application instructions.


If COBRA isn't the right fit, explore these alternatives:

  • Marketplace Plans: Investigate plans on the Health Insurance Marketplace. The government may provide subsidies that could reduce your expenses, yet still provide the same level of coverage you were previously receiving.
  • Spouse's Plan: If applicable, consider joining a spouse's or partner's employer-provided plan. It is usually the simplest, and most cost-efficient, choice. There is typically a change of circumstance clause that would allow your spouse or partner to modify their plan even when it’s not the open enrollment period.
  • Medicare: If you're eligible for retirement, investigate Medicare options. Transitioning to Medicare can often feel overwhelming. Speaking to a professional, like the Medicare specialists, will help you understand your coverage options, costs, and how to apply.


Additional benefits to consider during your transition:

  • Unemployment Benefits: Check eligibility and apply if needed. If you were laid off (i.e. “Surplused”) you are probably entitled to unemployment benefits, even if it was voluntary… even if you were given a severance package!
  • Employee Assistance Programs (EAPs): Explore AT&T’s EAP program. They provide professional and confidential assistance to employees and their families who experience work-related or personal challenges

Health benefits are a critical consideration during any career transition. From COBRA to alternative insurance options and other support, understanding what's available ensures your health needs are met. A Safe Money Mindset partner advisor can help you navigate these options and align them with your new opportunities or retirement plans. Reach out to us to explore your unique path forward.



Creating a strong resume is the first step towards your next opportunity:

  • Highlight Experience: Emphasize relevant skills and experiences from your time at AT&T. Ensure that your skills are listed at the top of the page, making them easily identifiable. Avoid forcing the hiring individual to deduce your skills from your years spent in particular positions.
  • Use Action Verbs: Words like "achieved", “implemented”, and "led" demonstrate your contributions. Strong action words can make your resume more compelling.
  • Tailor to the Position: Customize your resume for each job application. This cannot be stressed enough. Organize the skill list on your resume so the skills relevant to the new job are right on top.
  • Proofread: Ensure it's free from grammatical errors. Go over it several times. Have someone else look at it. Resumes with spelling errors tend to go straight to the trash can.
  • Resources: There are a lot of online resume writers, video tutorials, and even government resources that can help you craft the perfect resume. You can even hire a professional writer if needed.


Impress during interviews with these strategies:

  • Prepare and Practice: Research the company and role. You should understand their values and mission before you even walk in the door. It will also prepare you for specific questions allowing you to rehearse your answers. Plus, it will build self-confidence and give you a competitive edge.
  • Dress Professionally: Wear appropriate attire. It’s always better to lean towards a dressier appearance rather than a casual one.
  • Ask Insightful Questions: Asking questions is a crucial part of the job interview process, not only to show your interest but also to ascertain if the company and the role are the right fit for you. However, there is a psychology to it. Asking questions about the culture and values shows you are looking for a cultural fit. Questions about the role shows that you want to understand what’s expected of you. Questions about development and growth demonstrate ambition and a desire to be employed there long term.
  • Follow Up: Sending a thank you letter, or email, is an excellent opportunity to reinforce your interest in the position and express gratitude for the opportunity. Be sure to mention something specific from the interview to help personalize the message. It also shows you were engaged during the interview.


Networking can play a significant role in finding a new job. The connections you establish can lead to opportunities that might not be advertised publicly.

  • Use Social Media: Platforms like LinkedIn can be a valuable resource. Make sure your profile is up-to-date and highlights your skills and experience. Connect with industry leaders and participate in relevant groups.
  • Attend Industry Events and Conferences: These can provide an excellent opportunity to meet people in your field. Even attending virtually can provide an opportunity to network.
  • Other Strategies: Utilize alumni networks, volunteer, consider a mentor, and/or work with a recruiter. Also, always remember to be genuine and make sure you have your “elevator pitch” ready because you never know who you may bump into somewhere.


The journey to new opportunities requires preparation, confidence, and the right connections. These tips on crafting a compelling resume, excelling in interviews, and leveraging your network can set you on the path to success.

Whether you're exploring a new career path or aiming for the next step in your industry, our Safe Money Mindset advisors stand ready to lighten the load of financial planning. This enables you to concentrate on what's essential to secure that ideal role.

Transitioning from working at AT&T can be a complex process leading to various paths such as starting a new job, venturing into entrepreneurship, or entering retirement. Our "Emergency Transition Survival Kit" serves as a starting point offering insights to help you navigate the immediate decisions that lie ahead. However, it's important to note that this kit only scratches the surface and may not cover all aspects of your situation.

Section 1: Understanding Your Finances provides you with an overview of your financial options ensuring that you have a solid footing while considering your next steps.

Section 2: Health Insurance & Benefits guides you through choices regarding healthcare coverage ensuring that you maintain access to services and peace of mind during this transition.

Section 3: Job Transition Support equips you with tips for pursuing career opportunities either within another organization or through entrepreneurial ventures.

While our guide offers important information, it's essential to understand that it is the beginning of what our partner network can provide. Our team of professionals is dedicated to offering personalized support and strategies aligned with your goals and needs throughout every stage of your journey.

We recognize the uniqueness and significance of your journey. This is why we are committed to supporting you every step of the way.