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MOTOROLA SOLUTIONS 401(K) PLAN SUMMARY PLAN DESCRIPTION Effective January 1, 2017TABLE OF CONTENTS INTRODUCTION TO YOUR PLAN What kind of Plan is this? ...........................................................................................................................................
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How to fill out motorola solutions 401k plan

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How to fill out Motorola Solutions 401k plan:

01
Obtain the necessary forms: Start by visiting the Motorola Solutions 401k plan website or contacting your HR department to request the required forms. These forms typically include an enrollment form, beneficiary designation form, and investment election form.
02
Complete the enrollment form: Fill out the enrollment form with your personal information, including your full name, address, social security number, and employment details. Make sure to review the instructions carefully and provide accurate and up-to-date information.
03
Choose your contribution amount: Determine how much you want to contribute to your 401k plan. This amount can be a percentage of your salary or a fixed dollar amount. Consider your financial goals and budget when deciding on your contribution amount.
04
Select your investment options: On the investment election form, you will have a range of investment options to choose from. These options may include mutual funds, target-date funds, company stock, and more. Research and review the investment options available to you and select the ones that align with your risk tolerance and retirement objectives.
05
Designate your beneficiaries: Your 401k plan allows you to designate beneficiaries who will receive your plan assets in the event of your death. Complete the beneficiary designation form, providing the full name and contact information of your beneficiaries. Review and update your beneficiary designations periodically to ensure they reflect your current wishes.
06
Review and submit the forms: Before submitting the forms, carefully review all the information you provided. Double-check for any errors or omissions. Once you are satisfied with the accuracy of the forms, submit them according to the instructions provided. Retain copies for your records.

Who needs Motorola Solutions 401k plan?

01
Employees of Motorola Solutions: The Motorola Solutions 401k plan is designed for the company's employees seeking a retirement savings vehicle. It is available to both full-time and part-time employees who meet the eligibility criteria.
02
Individuals planning for retirement: Anyone who is looking to save for retirement can benefit from having a 401k plan like Motorola Solutions offers. It provides a tax-advantaged way to save for the future and take advantage of potential employer matching contributions.
03
Those seeking investment options: The Motorola Solutions 401k plan offers a variety of investment options, allowing individuals to diversify their retirement savings. If you are interested in exploring different investment vehicles and increasing your financial portfolio, this plan may be suitable for you.
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Motorola Solutions 401k plan is a retirement savings plan offered by Motorola Solutions to its employees.
Employers sponsoring the Motorola Solutions 401k plan are required to file the plan.
Employees can fill out the Motorola Solutions 401k plan by consulting with their HR department or plan administrator.
The purpose of the Motorola Solutions 401k plan is to help employees save for retirement through pre-tax contributions and potential employer matching.
The Motorola Solutions 401k plan must report information on contributions, investments, and participant balances.
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