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Iowa Department of Administrative Services Retirement Investors Club (RIC) Look forward to retirement! 403b Salary Reduction Form Name Social Security # Last Personal Information First Address MI
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What is 403b salary reduction form?
403b salary reduction form is a document used by employees to elect to have a portion of their salary withheld and contributed to their 403(b) retirement account.
Who is required to file 403b salary reduction form?
Employees who wish to contribute a portion of their salary to a 403(b) retirement account are required to file the 403b salary reduction form.
How to fill out 403b salary reduction form?
Employees need to provide their personal information, select the percentage or amount to be withheld from their salary, and specify the 403(b) account to which the contributions should be made.
What is the purpose of 403b salary reduction form?
The purpose of the 403b salary reduction form is to allow employees to contribute a portion of their salary to a 403(b) retirement account on a tax-deferred basis.
What information must be reported on 403b salary reduction form?
The 403b salary reduction form must include employee's personal information, contribution amount or percentage, and 403(b) account details.
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