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Separation from Employment Withdrawal Request 401(a) Plan State of Alaska Supplemental Annuity Plan 98214-03 When would I use this form? When I am requesting a withdrawal and I am no longer employed

Please note: Information collected on this form will only be used to administer your account. You can access and remove all or part of the information you have provided. It will not be used for any other purpose and may not be shared with any other person or entity. ? If you are a participant in this plan and have any questions, please contact your plan administrator. I certify that the information I have provided is accurate, complete, and reliable to the best of my knowledge. ? I have carefully reviewed and understand the information in this form and its scope and applicability to the circumstances concerning my request. ? In accordance with the terms of this Plan, I hereby authorize the use of this information to assist me in making a request to withdraw my required annual participation under this Plan. ? I understand that if my Plan is terminated or altered or discontinued, or if, at any time, I no longer wish to have my Plan assets distributed or participate in a different plan, I may, at any time, withdraw my participation in this Plan. ? I have carefully reviewed this form, its scope and applicability, and the provisions relating to the withdrawal of my annual participation and intend to utilize this form in conjunction with the applicable plan documents and/or the procedures set forth in the Plan documents to ensure consistent and adequate administration of the withdrawal of my participation, and as a reasonable means of ensuring that this Form is used in a manner that will not unnecessarily cause undue financial or administrative burden to me. ? I have carefully reviewed the information regarding my Plan, and I hereby agree that I am entitled to use this form for the purpose for which it has been prepared, in accordance with the terms of this Form. ? I have examined the information provided in this notice as well as the documents set forth herein, and under these circumstances, I am satisfied that my request to terminate my participation in this Plan under Paragraph 4 is based upon a genuine and substantial change in my circumstances affecting my present or future ability to maintain a minimal level of participation. EXECUTIVE SUMMARY A retirement plan provides retirement benefits by providing an annuity, an annuity with a start date that is set at a specific date and a date (usually the next calendar year) when the annuity stops. In most cases, an executive's salary is the primary factor for determining if he or she will receive a retirement annuity on retirement.

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People Also Ask about state 98214 03

What is pers in Alaska?

The purpose of the Alaska Public Employees' Retirement System (PERS) and the Teachers' Retirement System (TRS) is to attract qualified public employees by offering a variety of benefits to members and their survivors.

What is the state of Alaska supplemental annuity plan?

Alaska Supplemental Annuity Plan The SBS-AP is a defined contribution plan governed by section 401(a) of the Internal Revenue Code. Your contribution to the plan equals 6.13% of your gross pay up to the current Social Security maximum. Your contributions are deducted from pre-taxed income and are matched by the state.

What is cola for Alaska retirement?

Alaska Cost-of-Living Allowance The amount of COLA a TRS member receives is 10% of their base retirement benefit (no minimum amount).

What is the Alaska Supplemental Annuity Plan?

Supplemental Annuity Plan: This plan, SBS-AP, is a defined contribution plan that was created under Alaska statutes effective January 1, 1980, to provide benefits in lieu of those provided by the federal Social Security system.

What are supplemental benefits in Alaska?

The State of Alaska Voluntary Supplemental Benefits (VSB) plan includes life insurance, critical illness, and long & short-term disability. The VSB plan is administered by MetLife and enrollment is managed by Benefitfocus.

What do supplemental benefits include?

Supplemental benefits include accident, critical illness, hospital indemnity, disability, cancer, life, vision and dental insurance. These are designed to complement medical insurance, which can run out in the event of an accident or illness and leave insureds to pay out-of-pocket for treatments and other costs.

For pdfFiller’s FAQs

What is state 98214 03?

State 98214 03 refers to a specific state form for reporting certain information.

Who is required to file state 98214 03?

The individuals or entities specified by the state tax authorities are required to file state 98214 03.

How to fill out state 98214 03?

To fill out state 98214 03, you need to gather the required information and follow the instructions provided by the state tax authorities. It is recommended to consult the official guidance or a tax professional for accurate completion.

What is the purpose of state 98214 03?

The purpose of state 98214 03 is to collect specific information as required by the state tax authorities for tax purposes or compliance.

What information must be reported on state 98214 03?

The specific information that must be reported on state 98214 03 can vary depending on the requirements of the state tax authorities. It is important to refer to the instructions provided with the form or consult relevant state tax regulations.

When is the deadline to file state 98214 03 in 2023?

The deadline to file state 98214 03 in 2023 may vary depending on the specific state and its tax regulations. It is advisable to consult the state tax authority or refer to the official guidance for the accurate deadline.

What is the penalty for the late filing of state 98214 03?

The penalty for late filing of state 98214 03 can vary depending on the state tax regulations. The penalty amount or calculation method may be specified in the state tax laws or guidelines. It is recommended to consult the relevant authority or a tax professional for accurate information.

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