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UNIVERSITY SYSTEM OF MARYLAND EMPLOYEES Deduction Authorization Form for Enrollment/Change/Cancellation in: TIAA-CREF 457(b) Supplemental Retirement Plan (SRA) Please print or type all information
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457b - payrl dedct refers to a payroll deduction plan available to employees of certain tax-exempt organizations or governmental employers. It allows eligible employees to defer a portion of their salary into a retirement savings account.
Employees of tax-exempt organizations or governmental employers who are eligible for the 457b - payrl dedct plan are required to file and participate in the deduction program.
To fill out the 457b - payrl dedct form, employees need to provide their personal information, employment details, and specify the amount they wish to contribute from their salary to the retirement savings account.
The purpose of the 457b - payrl dedct plan is to provide a retirement savings vehicle for eligible employees of tax-exempt organizations or governmental employers, allowing them to defer a part of their salary into a tax-advantaged account.
The information that must be reported on the 457b - payrl dedct form includes the employee's personal information (such as name and social security number), employment details, salary reduction amount, and other relevant details as required by the employer or plan administrator.
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