401K Catch Up Contributions

Eligible employees can save more by making additional pre-tax contributions or catch-up contributions to their 401(k) accounts, according to new IRS regulations effective this month. To be eligible, employees must be at least 50 years old or expected to reach age 50 by the end of the calendar year and must be contributing at least 4 percent to their 401K plan on a pretax basis. The new law also allows individuals who reach age 50 by the end of the year to make an additional annual contribution to an IRA outside of the 401(k) plan, such as a Roth or Traditional IRA, assuming that they are eligible to make a contribution. Other restrictions apply. For details, eligible employees should reference the letter that was sent to them in the mail. Catch-up contributions can be made online through Fidelity Net Benefits at www.401k.com or by calling the Fidelity Service Center for US Airways at 1-800-354-3412 from 8:30 a.m. to midnight Eastern time, on days when the New York Stock Exchange is open. 


Accessing The Hub:

http://thehub.usairways.com  Logging in the first time your user name is u0(zero) and your five digit employee number. Your initial password is the first five digits of your social security number. Questions about the Hub? Call 800-327-0117 and listen for the catcrew help desk prompts.

AFA Local Numbers
Council 40 PIT 724-695-3329
Council 41 DCA 703-690-6859
Council 69 BOS 978-352-7401
Council 70 PHL 215-492-0840
Council 82 LGA 201-803-6141
Council 89 CLT 704-527-0325