Judge orders Dismissal of the Letbetter Complaint

Attached is a copy of the Judge’s order dismissing the Letbetter complaint. Following the dismissal of the Demetris complaint, the Letbetter plaintiffs’ argument was that despite the prior ruling to the contrary by the District Court in Oklahoma, their claims really were state law claims not duty of fair representation claims like those in Demetris.…

UPDATE: 1099-B sent in the Mail…

After a short conversation with the Computershare people. I have found out that the 1099-B that was sent in the mail is for the shares that were sold to cover the Taxes of the award. Due to the fact that the shares were sold, Computershare is required by law to send the 1099-B. If you have…

Spending Accounts – Transaction Validation

As we close the first month with our new vendor, Aon Hewitt Your Spending Account (YSA), employees will begin to receive their first requests to validate spending account card transactions. When participants use their YSA Card, Aon Hewitt initially holds the transaction for 30 days while they attempt to automatically validate it with data we…

Equity and Taxes

   Anyone that sold equity shares of stock last year will need to include the 1099B when filing their 2014 income tax. These forms do not have to be mailed out until Feb, 16. They also will be available online at your 401K web site (retireonline.com), under AAL Common stock, then Correspondence. These are produced…