Savings & Investment Plan

Vought offers you the opportunity to save for retirement and other long-range goals through the Vought Aircraft Industries Savings and Investment Plan (SIP).

Quarterly Report

Click here to view the latest quarterly results of the SIP.  This document includes returns history and fund asset allocations.

Enrollment

You may enroll in the plan on or after your date of employment. There is no waiting period to start your contributions.

Contributions

You may contribute to the Savings and Investment Plan on a tax-deferred basis or on an after-tax basis. The plan offers a variety of fund options as investment choices. Company contributions and any investment earnings in the plan, as well as your tax-deferred contributions, are not subject to taxes until they are paid out of the plan.

The plan offers a number of attractive features, including a significant company matching contribution. Through payroll deductions, you may contribute up to 30% of your eligible compensation. The first 2% will be matched dollar for dollar. The next 4% will be matched 50%.

Although the goal of the plan is long-range savings, under some circumstances, you may withdraw funds before retirement. The withdrawal is subject to applicable taxes and penalty. In addition, the plan's loan feature allows you to borrow, in most cases, up to 50% of your account balance, or $50,000, whichever is less. The minimum amount you may borrow is $1,000, and you must have at least $2,000 in your account to obtain a loan.

More Information

Using a Touch Tone telephone and the SIP line (1-800-556-7380), you have access to information about your account 24 hours a day, seven days a week. You also are able to make various investment transactions through the SIP line.

Vought SIP On-Line