Click on the link, "ACIP/Profit
Sharing Contribution Elections" located on the bottom
left corner.
· After you
login on NetBenefits®, select "Regular Deductions" and
then enter your election in the "Profit Sharing &
Bonus section.
· You may also
call the Fidelity Service Center for US Airways at
1-800-354-3412 and make your contribution election.
Please note that
when you contact the Fidelity Service Center for US
Airways, you must specify that you are making a
deferral election for the Profit Sharing or ACIP
payment. You can
elect to contribute on either a pre-tax, after-tax or
catch- up basis. Catch-up contributions are permitted
for those participants who are age 50 or older in
2008.
What percentage
of my ACIP or Profit Sharing payment can I defer?
You must
contribute using a whole percentage in 1 percent
increments (not a partial percentage like 5.5
percent). The maximum percentage you can contribute is
determined by the Plan you participate in. The US
Airways, Inc. Employee Savings Plan and the Future
Care: The America West Airlines 401(k) Plan permit a
maximum deferral rate of 50 percent. The US
Airways, Inc.
Are deferrals
from the ACIP and Profit Sharing payment eligible for
company match?
If you are part
of an employee group that is eligible for a company
matching contribution then you will receive the
appropriate match if you have pre-tax deferrals
deducted from your payment.
Will I receive
the company’s non-elective contribution?
If you are part
of an employee group that is eligible for a company
non-elective contribution, you will receive a
non-elective contribution regardless if you are
contributing to the plan or not. The amount of the
non-elective company contribution will be based on the
percentage assigned to your employee group.
What if I am not
currently contributing to my 401(k) account but would
like to defer my ACIP or Profit Sharing Payment into
my 401(k) Savings Plan?
If you are not
currently contributing to the company sponsored 401(k)
Savings Plan and would like to make a deferral
election for this payment, then you must contact
Fidelity Investments at 1-800-354-3412 and make an
election.
What if I do not
want to defer my ACIP or Profit Sharing Payment into
my 401(k) Savings Plan but am currently deferring to
my regular paychecks?
If you do not
want to defer your ACIP or Profit Sharing Payment then
you must contact Fidelity Investments at
1-800-354-3412 or log into your account online and
enter 0 percent under the special Profit Sharing /
ACIP section as your election. If you do not elect 0
percent, then the contribution percentage election
percentage that you currently have on file for your
regular paychecks will be taken.
Where can I go
for more information?
If you have any
questions, please access the new US Airways 401(k)
Savings Plan website at
