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Plan Number: 98971-01 Wisconsin Deferred Compensation Program Quick Enrollment Card The Wisconsin Deferred Compensation (WDC) Program offers you powerful tools to help you reach your retirement dreams.
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How to fill out wisconsin deferred compensation program

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How to fill out the Wisconsin Deferred Compensation Program:

01
Start by visiting the official website of the Wisconsin Deferred Compensation Program.
02
Click on the "Enroll" or "Log In" button, depending on whether you are a new participant or an existing one.
03
If you are a new participant, create an account by providing the necessary information, such as your name, address, and social security number.
04
Choose your investment options. The Wisconsin Deferred Compensation Program offers various investment options, including target-date funds and self-directed brokerage accounts. Consider your financial goals and risk tolerance when selecting your investments.
05
Determine the contribution amount. Decide how much of your paycheck you want to contribute to the Wisconsin Deferred Compensation Program. You can contribute a percentage of your salary or a flat dollar amount.
06
Review and submit your enrollment form. Double-check all the information you provided and ensure it is accurate before submitting your enrollment form.
07
Set up a beneficiary. Designate a beneficiary who will receive your deferred compensation account balance in case of your death. Provide the necessary information, such as their name, address, and relationship to you.
08
Monitor and manage your account. Log in to your Wisconsin Deferred Compensation Program account regularly to review your investments, update your contribution amount if needed, and make any necessary changes to your beneficiary designation.

Who needs the Wisconsin Deferred Compensation Program?

01
State of Wisconsin employees: The Wisconsin Deferred Compensation Program is available to all state employees, including those working for state agencies, school districts, universities, and local government entities that participate in the program.
02
Employees looking to supplement retirement savings: The program is beneficial for employees who want to contribute additional funds towards their retirement savings beyond what they may already contribute to their pension or other retirement plans.
03
Individuals seeking tax advantages: Contributions made to the Wisconsin Deferred Compensation Program are tax-deferred, meaning you do not pay taxes on the amount contributed until you withdraw the funds. This can provide potential tax advantages, especially for individuals in higher tax brackets.
By following these steps and understanding who can benefit from the program, you can successfully fill out the Wisconsin Deferred Compensation Program and take advantage of its long-term savings benefits.
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Wisconsisn deferred compensation program allows state employees to set aside a portion of their salary for retirement.
State employees in Wisconsin are required to file for the deferred compensation program.
State employees can fill out the Wisconsin deferred compensation program forms provided by their employer.
The purpose of the Wisconsin deferred compensation program is to help state employees save for retirement.
Information such as salary deductions, investment options, and beneficiary details must be reported on the Wisconsin deferred compensation program.
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