By now most of you should have seen a letter from United Airlines talking about transfer or deposit money into a Roth IRA.
This was a result a law that was signed last December. This new law was “Worker, Retiree and Employer Recovery Act 2008.
Bottom line if you received a letter along with an IRS Form 8935, you can deposit that money into a Roth IRA without penalties.
From my records I received payments on August 18th, 2006, March 8th 2007 and November 7th 2007. These payments were sent to you by check or direct deposit. So we have already received and or spent the money. But if you have a good savings account you can open a Roth IRA and get started with your retirement, Contact your financial person to find out the details…
GQ/PV
Latest update on the ongoing saga with the outsourcing of our Ground Support and Building Maintenance mechanics is that our Teamsters Committee will meet with the company next Thursday April 2nd, 2009. As soon as we get any word on the outcome we will get that information out.
Jock
