Thread regarding Gulfstream Aerospace layoffs

GD Benefits - Actions to take

Guys, obviously GAC has given no guidance when kicking us out, so one tip i am sharing.

Go to GD Benefits :

  • Action 1: You need to pick your health plan. There will be an enrollment link.
  • Action 2: You need to rollover your 401k into a Rollover IRA and Roth IRA. For this, you can set that up by going into GD 401k, then Rollover. The process is smooth. Unless you have a brokeragelink (you trade your own stock), then you will need to call Fidelity. 866-956-3193
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| 1191 views | | 4 replies (last May 26, 2020) | Reply
Post ID: @OP+159VOC06

4 replies (most recent on top)

There is only a 6.00 quarterly maintenance fee if you keep the 401k versus IRA.

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Post ID: @cfn+159VOC06

If you like the investment choices in your 401k, I don’t believe you have to roll it over your unless you want to. Talk to fidelity. They are really helpful.

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Post ID: @gbc+159VOC06

No problem. Coincidently....I just got a letter today that explains it... Should be in everybody's mailbox by tomorrow...

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Post ID: @txh+159VOC06

Thank you so much for the kind person that took time and advised us with these steps. I went ahead and choose my insurance.

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Post ID: @ivo+159VOC06

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