BlueRetirement: A reflection of your individuality as a Crewmember — and your passion for life.

Whether you’re just kicking off your savings or headed towards retirement, think of BlueRetirement as dedicated support to help you make the most of your finances.

For more information about the benefits of your plan, click on one of the topics below to learn more.

Making contributions.

Crewmembers are immediately eligible to participate in the Plan.

Traditional and/or Roth 401(k) contributions:

  • Set aside 1% to 100% of eligible compensation, up to IRS limits. 2017 IRS contribution limits: $18,000 or $24,000 for age 50+.
  • Contributions to pre-tax Traditional 401(k) accounts are not taxed until income is withdrawn.
  • Crewmember contributions to Roth 401(k) accounts are made post-tax and, therefore, withdrawals are always tax-free. In order for earnings to be tax-free, contributions must be left in the Plan for at least five years and taken out after age 59½.
  • You can contribute to either type of account, or both.
  • If you’re not sure whether to go pre-tax, post-tax, or both—be sure to check with your financial advisor.

401(k) match.

Whether pre- or post-tax, you receive dollar-for-dollar JetBlue matching contributions on the first 5% you save. Vested at 20 percent each year of service up to five years.

Retirement Plus.

  • 5% of your eligible earnings will automatically be contributed into your retirement account with each paycheck.
  • 100% vested after three years of service.
  • Crewmembers below Manager level are eligible to receive this contribution.

Investment options.

As with all investments, the principal value is not guaranteed at any time.

Target Date Funds (help me do it)

  • Invest your retirement savings into a single fund based on the year you plan to retire — your “target date” and risk tolerance.
  • Pre-diversified with a mix of investments.
  • The date in a fund’s name is the approximate date when investors plan to start withdrawing their money (generally assumed to be at age 65). The fund gradually becomes more conservative as it gets closer to the target retirement date.

Core Funds (do it myself)

  • Building blocks for investors who want a custom portfolio.
  • Single fund choices in multiple asset classes.
  • Risk and return potential ranges from low to high.

Self-Directed Brokerage Account

Designed for Crewmembers who:

  • Understand the risk and accept the responsibility of managing a self-directed brokerage account.
  • Feel comfortable making decisions and choosing investments that align with your goals and risk tolerance.
  • Commission fee of $3.95 per trade. Additional fees may apply.
  • Note: A $100 minimum balance will be required in the Core account.

Beneficiaries.

  • It is important to designate beneficiaries for your plan account.
  • You can designate Primary and Secondary beneficiaries.
  • Naming a beneficiary (or beneficiaries) for your plan account ensures that in the event of your passing, your money will be paid out according to your wishes. Plan rules state your account will be awarded to a surviving spouse, descendants, parents or your estate if there is no beneficiary designation on file.

To review, update or name your beneficiary:

  • From the home page, click on your plan name located on the right side of the page.
  • Select Beneficiaries located on the left side of the page.
  • Follow the prompts to add or update beneficiary information.
  • When finished, click Confirm & Continue.

Contact Empower

Blueretirement.com

1-844-728-3258