The Money Mustache Community
Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: BuckTurgidson on January 04, 2015, 03:04:58 PM
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I have a Verizon iPhone6 that I purchased at a very low price through my employer. The phone is on the company's large Verizon contract. I never see the bill.
I am eligible for full retirement in 3 months, after working there for 32 years).
It is my understanding that most phones will accept a SIM card now. Will I be able to convert this phone to our AT&T family plan, or I am stuck with Verizon (or other CDMA carriers)?
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It will work without modification on AT&T or just about any other domestic carrier, including prepaid.
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Sometimes companies pay for an employees cell phone plan because then they own the phone number. Very useful if a top sales employee leaves and they don't want them to take all their clients with them.
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I would get rid of that At&T family plan as soon as contracts allow you to. Staying with a major carrier makes exactly zero sense right now.
My wife has saved over $1300 since switching to airvoice early last year. Her phone is now 3.5 years old and we will easily be able to buy the iPhone 6 free of contract with cash left over from just one year of savings.