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Utah Retirement Systems PO Box 1590 Salt Lake City, Utah 84110-1590 (801) 366-7720 or (800) 688-4015 Fax (801) 366-7445 or (800) 753-7445 www.urs.org INSTRUCTIONS: 1. 2. 3. 4. 401(k) and 457 PLAN

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What is 401k and 457 plan?

401k and 457 plans are retirement savings plans offered by employers to their employees. They allow individuals to contribute a portion of their salary on a pre-tax basis to invest for retirement.

Who is required to file 401k and 457 plan?

Employers are responsible for administering and filing the necessary paperwork for the 401k and 457 plans offered to their employees.

How to fill out 401k and 457 plan?

Filling out a 401k or 457 plan typically involves providing personal information, selecting investment options, and determining the contribution amount.

What is the purpose of 401k and 457 plan?

The purpose of 401k and 457 plans is to provide individuals with a tax-advantaged way to save for retirement. These plans allow individuals to contribute a portion of their income and potentially receive employer matching contributions.

What information must be reported on 401k and 457 plan?

The specific information required to be reported on a 401k or 457 plan may vary, but typically includes participant information, contribution amounts, investment allocation details, and any employer matching contributions.

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