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This form is for employees to enroll in the Fairfax County 457 Retirement Plan, allowing them to designate deferral amounts and beneficiary information.

How to fill out fairfax county government 457

How to fill out FAIRFAX COUNTY GOVERNMENT – 457 PLAN NEW ENROLLMENT FORM

1. Step 1: Obtain the FAIRFAX COUNTY GOVERNMENT – 457 PLAN NEW ENROLLMENT FORM from the HR department or online.
2. Step 2: Read the instructions carefully to familiarize yourself with the requirements.
3. Step 3: Fill out your personal information including your name, address, and social security number.
4. Step 4: Indicate your employment details such as your department and position.
5. Step 5: Choose your contribution amount or percentage in the designated section.
6. Step 6: Review the investment options provided and select your preferred investment type.
7. Step 7: Sign and date the form to certify that all information is accurate.
8. Step 8: Submit the completed form to the appropriate HR representative or department.

Who needs FAIRFAX COUNTY GOVERNMENT – 457 PLAN NEW ENROLLMENT FORM?

1. Employees of Fairfax County Government who wish to enroll in the 457 retirement savings plan.

People Also Ask about

What is the Fairfax County Public Schools 403b?

FCPS provides a 403(b) Tax-Deferred Retirement Savings Plan which lets employees set aside voluntary pre-tax dollars through convenient payroll deductions to save for retirement. All employees of FCPS are eligible to enroll in the Plan on their date of hire or any subsequent date during employment with FCPS.

What is a 457 plan and how does it work?

Cons of 457(b) plans: Fewer investing options than 401(k)s (Not as common today) Only available to certain employees employed by state or local governments or qualifying nonprofits. Employer contributions count toward the annual limit. Non-governmental 457(b) plans are riskier.

What is the Fairfax County Government Employee Assistance Program?

The Employee Assistance Program (EAP), provided by Guidance Resources, is a no-cost, work-life benefit for employees and their household members. Services can be accessed 24 hours a day, 7 days a week, 365 days a year. Enrollment is automatic, and no paperwork needs to be completed!

What is the 457 plan in Fairfax County?

This plan was designed to complement the Pension Defined Benefit Plan and to help employees realize a financially secure and rewarding retirement. The 457 Plan managed by T. Rowe Price offers the opportunity to save a portion of wages on a pre- or post-tax (ROTH) basis.

What are the benefits of Fairfax County education?

Benefits Package Medical Insurance. Dental Insurance. Life Insurance. Leaves and Disability Benefits. Retirement Plans. Flexible Spending Accounts. Employee Wellness Program. Employee Assistance Program.

What is the 457 plan for VA employees?

During each of the three calendar years before normal retirement age, Commonwealth of Virginia 457 Plan participants may contribute up to twice the regular IRS annual contribution limit, or the regular annual limit plus the amount of the standard catch-up credit, whichever is less.

For pdfFiller’s FAQs

What is FAIRFAX COUNTY GOVERNMENT – 457 PLAN NEW ENROLLMENT FORM?

The FAIRFAX COUNTY GOVERNMENT – 457 PLAN NEW ENROLLMENT FORM is a document that allows employees of Fairfax County to enroll in the 457 deferred compensation retirement plan, which helps them save for retirement through pre-tax contributions.

Who is required to file FAIRFAX COUNTY GOVERNMENT – 457 PLAN NEW ENROLLMENT FORM?

Any eligible employee of Fairfax County who wishes to participate in the 457 plan and make contributions to their retirement savings must file the enrollment form.

How to fill out FAIRFAX COUNTY GOVERNMENT – 457 PLAN NEW ENROLLMENT FORM?

To fill out the form, employees need to provide personal information such as their name, employee ID, contact details, and specify their contribution amount and investment options according to the guidelines outlined in the form.

What is the purpose of FAIRFAX COUNTY GOVERNMENT – 457 PLAN NEW ENROLLMENT FORM?

The purpose of the form is to facilitate the enrollment process for employees wishing to participate in the 457 plan, allowing them to set aside money for retirement on a tax-advantaged basis.

What information must be reported on FAIRFAX COUNTY GOVERNMENT – 457 PLAN NEW ENROLLMENT FORM?

The form requires reporting personal details including the employee's name, identification number, contact information, selected contribution amounts, and preferred investment options for their deferred compensation.