The Ford Stock Fund is a unitized account that is comprised exclusively of Ford Motor Company common stock except a small portion of the fund is invested in cash or a cash equivalent or other short term investments to provide . Enter the username and password you created during the registration process at www.myplan.ford.com. Our firm continuously monitors its filing requirements in all states, and will provide individualized advisory services only in accordance with various state regulations. We will keep you informed about Ford MyFordBenefits benefits/discounts/information. David Kudla, CEOMainstay Capital ManagementRings the Opening Bell at theNYSE on July 3, 2017, David Kudla, CEOMainstay Capital ManagementRings the Closing Bell at theNasdaq on March 29, 2017. To proceed, click the New User option on the home page. To discuss the new investment option or how this change may impact your investment allocation, contact us toll-free at 1-866-444-6246. Implementation will begin on January 2, 2019. Log into MyFordBenefits and create an account to have full access and functionality. If you are new to Mainstays Ford HSA model portfolios, or are getting caught up, please use Oppenheimer Main Street Small & Mid Cap as an alternative fund. Are reviews modified or monitored before being published? These changes will take effect on January 1, 2022 and youmust be enrolled by December 15, 2021. Mainstay has brought this issue to the attention of the Ford Compensation and Benefits Office and is working with them towards a resolution. With FordPassTMyou can you can manage both your Ford Credit account and vehicle in one smart app: **Available via a download and compatible with select smartphone platforms. Learn more at Fordpass.com. Some of the new investment options will provide similar investment strategies and risks, but the overall expenses for the investment options will be lower. YOU CAN get your money you just have to pay the hefty taxes since it's a retirement account!!! To discuss these changesto the Ford 401(k) plan and how this may impact your current portfolio allocation, do not hesitate to contact us toll-free at 1-866-444-6246. Call Mainstay Capital Management toll-free at 18664446246 to discuss your personal situation with a Certified Financial PlannerTM. Passwords and PIN codes can be obtained on the official website or by dialing 877-XPLAN-00 (975-2600). Contact the UAW Local 387 WebMaster for any questions, concerns or comments. We choose the seperate loan and wanted a bigger than normal down payment as you save on PMI and get a better mortgage rate, which is saving in the long run. 50% of websites need less resources to load. Jim Fisher. Account balances and new monies invested (contributions/loan repayments) in the options being removed from the plans will be transferred either to other existing investment options or to the new investment options. From there you can model different loans or withdrawls an read instructions on what qualifies. Check this page for future updates to the SSIP and TESPHE plans, as well as news that affects Ford employees and retirees. The investment options that are currently available in these plans are not expected to change initially, but may change over time as part of the regular monitoring process. Hey sinkinfast not ALL hourly should fund roth's first. It is simple and self explanatory. These are opportunities to improve the usage of ARIA in your application which may enhance the experience for users of assistive technology, like a screen reader. I'm assuming you started saving for retirement because you will need money for retirement and not becasue of the tax advantages. It operates manufacturing facilities throughout the United States of America, Canada, Europe, India, the United Kingdom, Russia, Turkey, Australia, Argentina, China, and Mexico. My reason for wanting the withdrawl was start up cost on a business and this doesn't fall in their . You will be able to construct my Ford ID and password, as well as my NESC PIN, by following the instructions. Jurors and military personnel are entitled to paid leave. And the real KICKER is (and it is not on the website) you find this out when you call to confirm the withdraw, is that you get penalized for taking your money out EVEN for a hardship. Did we make the right decision, probably not but it worked out for the best and we have used the money from the last year buy making our money market larger for god only knows what. I hope that all Ford workers and retirees will read this post to have a better knowledge of MyFordBenefits. Any amount of the AICP payout or Profit Sharing payout that is elected for deferral to the SSIP or TESPHE will be combined with your pre-tax contributions that are contributed to the plan throughout the year, including those contributions you have already made this year. Ford Motor Company will drop one of the bond funds currently available to participants in the Savings and Stock investment Plan (SSIP) for salaried employees and the Tax-Efficient Savings Plan for Hourly Employees (TESPHE). It is highly recommended that content of this web page should be compressed using GZIP, as it can save up to 7.4 kB or 68% of the original size. TheFord Order Tracking System Is No Longer Available. Ford is offering special separation/retirement programs to eligible UAW-represented Ford hourly employees company-wide. This change is effective September 2, 2015. It is a 401-K plan for hourly employees of Ford Motor Company. Renders faster than 19% of other websites, Visual factors better than that of 37% of websites, More advanced features available than in 19% of websites, Welcome to myfordbenefits.com homepage info - get ready to check Myfordbenefits best content right away, or after learning these important things about myfordbenefits.com. Mainstay Capital Management recommends that all Ford salaried employees contribute at least 5% in order to take full advantage of the company match. We can provide a comprehensive Retirement Income Analysis, help evaluate "what-if" scenarios, and assist in making informed decisions concerning any buyout offer. This site and the content appearing on this site is independent of Ford Motor Company. This may enhance the experience for users of assistive technology, like a screen reader. Local 862 Benefits Representative. To begin, navigate to www.wslb2b.ford.com/default.cgi. You will be automatically logged into Myplan: If you are not logged in 30 sec, the user you have logged in with is either not a registered user of this site or has been removed by their Sponsor. The following are the 2020 medical plan options: Both health insurance plans provide access to any doctor in the Blue Cross Blue Shield of Michigan network. one that will cover however much money you need to take out "net." Contact your local Ford, Lincoln or Mercury dealer for details and a copy of the limited warranty. We did what we had to do, and yes we have a big savings that we used along with the hardship loan. To discuss these changesto the Ford 401(k) plan and how this may impact your current portfolio allocation, do not hesitate to contact us toll-free at. Each year, a freshly configured device or an approved partner creates a specified number (2) of PIN numbers in the calendar, which may be used to purchase/rent a new car for yourself or your familys children as follows: MyFordBenefits is one of the most outstanding internet portals given by Ford Motor Company management for the benefit of its workers and consumers. These changes will be effective as of the close of business on January 31, 2013. [Learn more](https://developers.google.com/search/mobile-sites/). I won't be taking a loan, and I stopped my payroll deductions, I will not put another penny where I can't get it when I need it. For more information on the Roth 401(k) account, you can review our list ofRoth 401(k) - Frequently Asked Questionsor request a FREE copy of Mainstay Capital ManagementsRoth 401(k) Investment Guide. Do not hesitate to contact us toll-free at 18664446246 if you would like to discuss your AICP or Profit Sharing election options. I think it's something like half of what's in there. Click here for additional important terms and conditions. Ford Motor Company is changing the names and/or fees in two of the Vanguard funds available in the Ford Retirement Plan (FRP), Savings and Stock Investment Plan (SSIP), and the Tax-Efficient Savings Plan for Hourly Employees (TESPHE). This houses occupants (a permit is required to obtain a residence permit). Fitness and workout programmes are available for free. Are my investments allocated appropriately for this life event? To discuss the investment line-up change or how this change may impact your investment allocation, contact us toll-free at 1-866-444-6246. Effective as of the close of business on December 30, 2016, the name and fees of the Fidelity Growth Company fund will change. Salary and incentive distribution for each month. below the Log On button. threatening to harm employees or others), Lack of adequate text (e.g., symbols, emojis and random letters), Reviews on the product and not the customers Sales or Service experience, Ford Credit onlineAccount Manageris the easiest way to pay your bill, keep tabs on your account and chat with us if you have questions. Account Manager gives you the ability to:, To register for online access you will need your account number, which is provided with the first billing statement. I won't be taking a loan, and I stopped my payroll deductions, I will not put another penny where I can't get it when I need it. A deduction for your own IRA contributions . Are my investments allocated appropriately for this important life event? We didn't consider the TESPE loan because we didn't know what to expect from the transfer from the St. Louis plant to KCMO plant & we where not willing to use all of our savings. Now, input your temporary password and click Login. Click Continue. Ford Motor Company is an equal opportunity employer committed to a culturally diverse . Select the Register Retiree Health Benefits sticker on the Ford Benefits main page. Been part of TTLive, Full Service TTL, was part of Accuracy guaran Tax-Efficient Savings Plan For Betterment, TIAA, TD Ameritrade, Clear Financial Advisorsand the other entities named are separate and unaffiliated firms. Individuals who have devoted their careers to Fords success. The MyFordBenefits login interface has always given the greatest outcomes for Ford and its workers. It is effective on a global scale. Pension Lump Sum Frequently Asked Questions, Roth 401(k) - Frequently Asked Questions, "Why Investment Choices In Your 401(k) Might Change", Interest Income Fund Update Change in Credit Rate Process, "Automotive workers seek advice on buyouts", Ford to Drop Fidelity Magellan from Employees' 401(k) Plan, Getting Personal: Financial Planning Before The Buyout, Consider financial future before accepting buyout. Details and a copy of the Company match New User option on the Ford Compensation Benefits!, Lincoln or Mercury dealer for details and a copy of the tax advantages MyFordBenefits benefits/discounts/information contribute at least %... This issue to the SSIP and TESPHE plans, as well as news that affects Ford employees retirees! Have a better knowledge of MyFordBenefits business on January 31, 2013 careers to Fords success,. Culturally diverse concerns or comments log into MyFordBenefits and create an account to have a knowledge... 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