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A B 37009201 Felice Insurance 401(k) Employee Savings Plan Participant Information Paycheck Contribution Election 401(k) Plan Use black or blue ink when completing this form. For questions regarding
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Paycheck contribution election 401k refers to the process where an employee chooses to deduct a certain amount of money from their paycheck to contribute to their 401(k) retirement savings account.
Employees who are eligible to participate in a 401(k) plan offered by their employer are required to file a paycheck contribution election.
Employees typically fill out a paycheck contribution election form provided by their employer, indicating the percentage or amount of their paycheck they wish to contribute to their 401(k) account.
The purpose of paycheck contribution election 401k is to allow employees to save for retirement by contributing a portion of their earnings to a 401(k) account on a regular basis.
The paycheck contribution election form typically requires information such as the employee's name, employee ID, desired contribution amount or percentage, and any beneficiary information.
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