REQUIREMENTS TO QUALIFY
- You must be an involuntarily furloughed pilot. A copy of your furlough letter must be submitted to RAA to qualify. (Once you have submitted the following form and you have been qualified for the program, we will send instruction on how to submit your furlough letter)
- This does not apply to pilots taking leave of absence packages or those who voluntarily take a furlough/leave of absence/early retirement.
- Only 401(k) accounts qualify for free management. All other types of accounts will be charged at our standard fee schedule.
- You must have either Charles Schwab or Fidelity as your 401(k) plan administrator.
The free 401(k) management offer includes a custom financial plan to prepare for your new reality, evaluating potential insurance needs as company benefits may no longer be available, developing an investor risk profile, analyzing current investment allocations and, when appropriate, guidance on rebalancing assets to align 401(k) allocations with personal investment preferences, retirement goals, and time horizons.
AVAILABILITY OF THIS OFFER
This offer will be available from October 1, 2020 - December 31, 2020. If furlough notices continue beyond the end of the year, we will determine whether to extend this offering into 2021.
The free management will not apply until your furlough status goes into effect on or after October 1st.
HOW TO GET STARTED
Complete the following form to set up a time for a furlough consultation and learn more about the process.