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RSA-1 CATCH UP 01/12 SPECIAL CATCH-UP ELECTION AND WORKSHEET RSA-1 DEFERRED COMPENSATION PLAN Retirement Systems of Alabama P. O. Box 302150 ? Montgomery, AL 36130-2150 334-517-7000 or 877-517-0020
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What is rsa special catch up?
RSA Special Catch-Up is a provision that allows eligible participants in 403(b) and 457(b) retirement plans to make additional catch-up contributions beyond the regular contribution limits.
Who is required to file rsa special catch up?
Individuals who meet the eligibility criteria and wish to make additional catch-up contributions to their 403(b) and 457(b) retirement plans are required to file RSA Special Catch-Up.
How to fill out rsa special catch up?
To fill out RSA Special Catch-Up, individuals need to complete the relevant forms provided by their plan administrators. These forms typically require personal and financial information, including the desired catch-up contribution amount.
What is the purpose of rsa special catch up?
The purpose of RSA Special Catch-Up is to provide an opportunity for eligible plan participants to boost their retirement savings by making additional contributions beyond the standard limits.
What information must be reported on rsa special catch up?
The information reported on RSA Special Catch-Up typically includes personal details, such as name, address, and social security number, as well as the desired catch-up contribution amount.
When is the deadline to file rsa special catch up in 2023?
The deadline to file RSA Special Catch-Up in 2023 will depend on the specific plan and its regulations. It is recommended to consult with the plan administrators or refer to the plan documents for the exact deadline.
What is the penalty for the late filing of rsa special catch up?
The penalty for the late filing of RSA Special Catch-Up contributions can vary depending on the plan and applicable regulations. It is advised to review the plan documents or consult with the plan administrators for information regarding penalties.
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