|Principal Financial Group
has assisted our members with questions on pensions and reitrement.
Feel free to take advantage of their services.
See how to contact them in our Resource Info section
Expanded links to CL
Benefits & Services in our Resource Info section.
We have all the
what you may need. They are right here when you need them.
choices made simple. Find a link to VIA Benefits
in our Resource Section
Via Benefits helps you choose the medical,
and vision plans that fit your medical requirements and budget.
Local Meeting for Thursday January 14 has been canceled.
Be Happy, Be Safe
A Luman COVID-19 Employee Workplace Guide
Required Minimum Distributions
For 401(k)s And IRAs For
The bipartisan COVID-19 stimulus
President Trump includes welcome tax relief for retirees: The required
minimum distribution rules for Individual Retirement Accounts and
401(k)s are waived for 2020. That means that instead of taking money
out this year, retirees can keep their investments growing. The RMD
waiver applies to 403(b) accounts, SEP IRAs, and SIMPLE IRAs. This is a
repeat of the 2009 RMD holiday during the Great Recession.
The rules for who needed to take 2020 RMDs were already funky because
of the SECURE ACT, passed in late December, which changed the age
triggering RMDs from 70 ½ to 72, effective Jan. 1, 2020.
the novel coronavirus (COVID-19) continues to affect communities across
the globe, CWA leaders are engaging with employers to ensure that they
are providing CWA members with comprehensive safety and prevention
measures in an environment that encourages open and free communication
without fear of reprisal or negative impacts on pay or continued
Health and Safety department has established a process for locals to
report on what protections employers have put in place as well as for
members to report any incidents of exposure or infection. If you have
been exposed to COVID-19 or are experiencing symptoms consistent with
infection, contact your healthcare provider immediately and follow
reporting procedures established by your employer. Also notify your CWA
Local or District as soon as possible.
To find out more click the above link.