General Motors (GM) 401k Plan Information

Introduction

This page contains information, news, updates, and articles of interest for General Motors employees and retirees. Check this page for future updates to the GM RSP, PSP and other benefits programs.


For Your Interest


GM Plan Updates

GM 401(k) Plan Changes - February, 2024

General Motors has announced changes in the share class of certain mutual fund investment options in the Retirement Savings Plan (RSP) for salaried employees and the Personal Savings Plan (PSP) for hourly employees. You may have already received notification from GM regarding these changes.

These changes impacted two mutual funds in the RSP and PSP, effective after 4:00 p.m. Eastern Time on March 22, 2024. The new share class for each mutual fund investment option provides the same investment strategy and risk, but the overall expenses for the investment option will be lower. New fund codes and ticker symbols are associated with the new share class.

To discuss these plan changes and how they may impact your investment allocation, do not hesitate to contact Mainstay Capital Management toll-free at 866‑444‑6246.

GM Conservative Income Fund – April 2021

GM Retirement-Eligible Special Payment (RESP) – June 2017

General Motors has announced a Retirement-Eligible Special Payment (RESP) available to GPD, GPSC, and Manufacturing Engineering retirement-eligible U.S. classified salaried employees who retire between July 1, 2017 and September 1, 2017.

The RESP will offer the following:

  • Retirement under Company benefit plans and programs, subject to their terms; plus
    • Pay-out of any unused 2017 vacation upon retirement
    • Pro-rated teamGM payment based on your actual last day worked, to be paid in March 2018, based on Company performance
  • Additional two months of base pay in a one-time lump sum payment

Many employees are currently deciding whether to retire. The RESP is an added factor that may help employees make the decision to retire, if that is their preference.

Contact Mainstay toll-free at 1-866-444-6246 to learn more about the GM RESP and how we can help you achieve your retirement goals through your 401(k), IRAs, and non-retirement accounts.

GM 401(k) Plan Changes - June, 2020

Transitioning from General Motors - February 2019

GM 401(k) Plan Investment Lineup Changes – June 2017

GM HSA Account Upgrades – June 2017

GM Savings Plan Transfer Notice – May 2017

GM HSA Investment Menu Change – May 2017

GM Roth In-Plan Conversion Option – April 2017

GM GVUL Changes – January 2017

GM RSP & PSP 401k Plan Changes – February 2016

GM RSP & PSP Plan Changes – May 2015

GM HSA Fund Change Announcement – April 2015

GM RSP & PSP Plan Changes – February 2015

GM RSP & PSP Plan Changes – December 2014

GM HSA Fund Change Announcement – June 2014

RSP & PSP Fund Line-Up Changes – February 2014

GM HSA Fund Change Announcement – May 2013

RSP & PSP Fund Change Announcement – April 2013

GM Salary teamGM and RSU Payout – February 2013

GM Separation Package – January 2013

GM Offers Lump Sum Payments to Retirees – June 2012

GM Modifies Salary Pension Program – February 2012

GM Salary Enhanced Variable Pay (EVP) – February 2012

GM Profit Sharing Payment – February 2012

RSP & PSP Fund Change Announcement – January 2012

GM Separation Package – Phase II – October 2011

RSP & PSP Fund Change Announcement – June 2011

GM Salary Enhanced Variable Pay (EVP) – January 2011

GM Salary 401(k) Plan Name Change – January 2011

GM Separation Package – December 2010

New Options Available in Roth 401(k) Account – November 2010

GM Reinstates Matching for RSP Participants - October 2009

GM’s Health Plans in 2010 will be HSA Qualified – October 2009

RSP Roth and PSP Roth


News and Articles


 


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Disclosure Information - Rankings and Awards

Barron's Magazine - Top 100 Independent Financial Advisors

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Schwab IMPACT Awards
®

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