Ford Deductions?

Question

My husband and I are 30 years old and trying to decide if it is in our best interest to take the buyout for $100,000. We know that Uncle Sam will definitely get his share, but we estimate that we will have approx. $70,000 left and plan to put 50% into clearing up some credit issues and the other 50% in our existing business in which he will be a full time employee w/health insurance and continue to pay his child support (he is current). Ford employees have rumors going around that Child support will be deducted from your buyout equal to 1 year of support even if you are current, as well as if you have cars financed through Ford Credit they will payoff the cars and deduct that from your buyout as well. If these rumors are true, it definitely changes our decision to take the buyout. Has anyone heard about this and it is true? If you answer tell me how you know

Answer 1

These are excellent questions for your union President to answer. there are lots of folks who worked at GM and did this. Find out the facts. Don't listen to rumors
Also do the both of you work there. Then why doesn't one of you take the buyout and go work somewhere else and the other stay on at Ford. You both don't have to quit.
If one of you works there, STAY PUT Ford isn't going anywhere, the benefits are the best in the world and you make a good living. Ford wants the "greed" factor to play in here...Just sit back and you will be happier as the folks drop off and retire you move up fast in seniority....Hang on

Go to the UNION and get the real answers all you will get here is speculation and more rumors.....Your future depends on it!