I find it comforting that right on the home page for ACS Inc. it states they are "Global Leaders in Business Process, OUTSOURCING, and IT Services. Ford Stock in Tesphe Account Sign in to follow this . The decision to accept any separation program requires careful analysis and planning on the part of each employee. Ford Motor Company has announced the transition of a new benefits administrator from ACS to Alight Solutions, along with the unveiling of a new health and retirement benefits website. if i am wrong on this i am sure someone else will point that out lol. The company match will continue on a pre-tax basis without affecting the pre-tax threshold. BlueOvalForums.com Powered by Invision Community. To assure that salaried and hourly active employees, retirees, surviving spouses and their dependents receive a high level of customer service and superior benefits administration. You contribute to this account with your own money. There is a new website for SSIP and TESPHE participants to view and make changes to their plan effective January 5, 2010. Call Mainstay Capital Management toll-free at 1-866-444-6246 to discuss your personal situation with a Retirement Planning Specialist. “As a proven market leader with significant expertise in the benefits space, ACS will enable Ford to build further value for its employees and retirees.”. All changes are effective January 2, 2015. I will be 55 in August. I used another site which does not adjust and found that you are correct that the close on 4-29 was $16.12 unlike what Yahoo Finance which says $16.00. I want to close my account and take the money to pay off my home. To discuss the new investment option or how this change may impact your investment allocation, contact us toll-free at 1-866-444-6246. The new investment options will provide similar investment strategies and risks, but the overall expenses for the investment options will be lower. Are you aware of the details specific to your situation? The account is typically aligned with the LifePath fund that most closely matches the year you anticipate that you might begin to withdraw your savings for your retirement. This new option will be effective April 1, 2014. Please do not hesitate to contact Mainstay toll-free at 1-866-444-6246 with questions regarding this ALERT or for assistance in reallocating your Ford 401(k) portfolio. 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. Ford Motor Company has announced changes that will impact the Savings and Stock Investment Plan (SSIP) for salaried employees and the Tax-Efficient Savings Plan for Hourly Employees (TESPHE). Link to post Share on other sites. A/X/Z Plan pricing, including A/X/Z Plan option pricing, is exclusively for eligible Ford Motor Company employees, friends and family members of eligible employees, and Ford Motor Company eligible partners. Transfers out of the closing fund must be complete by market close on September 2nd or balances will automatically transfer to an alternate fund in the plan. For questions on this new Roth feature within the Ford 401(k) plan, feel free to call Mainstay Capital Management toll-free at 1‑866‑444‑6246. By jjense10, May 1, 2014 in Ford Employee Forum. Ford Motor Company is removing one of the funds in the Savings and Stock Investment Plan (SSIP) for salaried employees and the Tax-Efficient Savings Plan for Hourly Employees (TESPHE). I did. These services are deployed through ACS’ Call Center operations and innovative Web portal, the foundation for an integrated, one-stop experience for all Ford participants. For more details, read the article on the right “New Ford 401(k) Plan Administrator”. To the extent you invest more in your company's stock, your overall portfolio will exhibit more volatility (risk), and retirement investing is not about hitting home runs, but about consistently hitting singles and doubles. Ford is a multinational company of American origin whose main headquarter is located in Dearborn, Michigan. var path = 'hr' + 'ef' + '='; For more information on the Roth 401(k) account, you can review our list of “Roth 401(k) - Frequently Asked Questions” or request a FREE copy of Mainstay Capital Management’s “Roth 401(k) Investment Guide”. You need to be a member in order to leave a comment. I just want my money to do what I want to do with it now is there a way? ACS’ breadth of comprehensive HR business process offerings includes HR services, total benefits services, and learning management services. You need to be a member in order to leave a comment.
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