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Employee Benefits Division COUNTY OF RIVERSIDE 457 DEFERRED COMPENSATION PLAN CHANGE FORM TO: Human Resources Retirement Division FAX: (951) 955-8538 Are you a new participant to the County of Riverside
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How to fill out Riverside County deferred compensation:

01
Begin by gathering all the necessary documents, such as your personal identification information, social security number, and contact details.
02
Review the Riverside County deferred compensation form thoroughly, ensuring you understand all the sections and requirements.
03
Provide your personal information accurately in the designated fields, including your full name, address, and date of birth.
04
Fill out the section for employment details, including your job title, department, and employee identification number.
05
Determine the contribution amount you wish to make towards your deferred compensation plan and indicate it accordingly on the form.
06
If you have any special instructions or requests regarding your deferred compensation, such as designating beneficiaries or making changes to your contribution rate, make sure to include them in the appropriate sections of the form.
07
Review the completed form to ensure all the information provided is accurate and complete.
08
Sign and date the form in the designated areas.
09
Send the filled-out form to the designated Riverside County deferred compensation office either by mail or electronically, depending on the preferred method indicated by the county.

Who needs Riverside County deferred compensation:

01
Riverside County employees who want to save for retirement or other long-term financial goals can benefit from participating in the deferred compensation program.
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Individuals who prefer to have additional control over their retirement savings and want to supplement their pension or other retirement plans may find Riverside County deferred compensation attractive.
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Those who value tax advantages associated with deferred compensation plans and want to maximize their retirement savings while potentially minimizing their current taxable income may consider opting for Riverside County deferred compensation.
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Riverside County deferred compensation may also be a suitable option for employees who wish to take advantage of the potential investment growth offered by various investment options within the plan.
Remember, it's always advisable to consult with a financial advisor or the Riverside County deferred compensation office if you have any specific questions or concerns regarding filling out the form or determining if deferred compensation is right for you.
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Riverside County Deferred Compensation is a voluntary retirement savings plan for Riverside County employees.
All Riverside County employees are eligible to participate in the deferred compensation program.
To enroll in or make changes to your deferred compensation plan, employees can contact the Riverside County Deferred Compensation office for assistance.
The purpose of Riverside County Deferred Compensation is to help employees save for retirement and supplement their pension benefits.
Employees must report their contribution amounts, investment options, and beneficiaries on the Riverside County Deferred Compensation forms.
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