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Randolph College Defined Contribution and Deferred Annuity Plan Retirement Plan Summary Plan Description January 1, 2012, I TABLE OF CONTENTS Page Part I. Information About The Plan ......................................................................................
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How to fill out randolph college defined contribution

How to fill out Randolph College defined contribution:
01
Obtain the necessary forms from the college's human resources department. These forms typically include a contribution election form and beneficiary designation form.
02
Fill out the contribution election form, indicating the percentage or amount you wish to contribute to your defined contribution plan. This could be a specific dollar amount or a certain percentage of your salary.
03
If you have multiple investment options within the plan, choose the investments that best align with your financial goals and risk tolerance. Some plans may provide guidance or advice in selecting investments.
04
Complete the beneficiary designation form, indicating who will receive the assets in your defined contribution plan in the event of your death.
05
Review the forms for accuracy and completeness, ensuring all required information is provided.
06
Sign and date the forms as required.
07
Submit the completed forms to the designated party indicated by your employer or the human resources department. Keep a copy for your records.
Who needs Randolph College defined contribution?
01
Employees of Randolph College who meet the eligibility requirements for the plan.
02
Individuals who want to save for retirement and have the option to contribute to a defined contribution plan offered by the college.
03
Those who wish to have control over their retirement investments and potentially receive employer contributions to boost their retirement savings.
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What is randolph college defined contribution?
Randolph College defined contribution refers to a retirement plan in which the employer, employee, or both make contributions on a regular basis.
Who is required to file randolph college defined contribution?
Employers who offer a defined contribution plan to their employees are required to file Randolph College defined contribution.
How to fill out randolph college defined contribution?
To fill out Randolph College defined contribution, employers need to provide information about the contributions made by both the employer and employees, as well as investment options.
What is the purpose of randolph college defined contribution?
The purpose of Randolph College defined contribution is to provide a retirement savings vehicle for employees, with contributions and investment gains accumulating over time.
What information must be reported on randolph college defined contribution?
Information such as employee contributions, employer contributions, investment options, and account balances must be reported on Randolph College defined contribution.
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