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City of Phoenix 457 Deferred Compensation Program Unforeseeable Emergency Withdrawal Application Administered by Nationwide Retirement Solutions 4747 N. 7th Street, Suite 418 Phoenix, AZ 85014 Local
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01
Gather all necessary personal information, such as your full name, address, and Social Security number.
02
Obtain the City of Phoenix 457 enrollment form, either online or from your employer.
03
Carefully read through the enrollment form and instructions to ensure you understand the process.
04
Fill in your personal information accurately and completely on the enrollment form.
05
Provide the necessary information related to your employment, such as your employer's name and contact information.
06
Indicate the amount you wish to contribute to your City of Phoenix 457 account on a regular basis.
07
Consider consulting with a financial advisor to determine an appropriate contribution amount based on your financial goals.
08
Review the investment options available for your City of Phoenix 457 account and make informed decisions on how to allocate your contributions.
09
Sign and date the enrollment form to attest to the accuracy of the provided information.
10
Submit the completed enrollment form to the appropriate entity, typically your employer's HR department or the City of Phoenix Retirement Office.
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Keep a copy of the completed enrollment form for your records.
12
Monitor your City of Phoenix 457 account regularly and make adjustments to your contributions or investment allocation as needed.

Who needs city of phoenix 457?

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City of Phoenix 457 is designed for employees of the City of Phoenix government.
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It is applicable to both full-time and part-time employees who are eligible for the retirement benefits offered by the City.
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Any employee who wishes to save for retirement and take advantage of potential tax benefits associated with the City of Phoenix 457 plan may choose to enroll.
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Since the City of Phoenix 457 is an employer-sponsored retirement plan, it is not available to individuals who are not employed by the City.
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The City of Phoenix 457 plan is a deferred compensation plan offered to city employees to save for retirement.
City employees who participate in the 457 plan are required to file.
City employees can fill out the 457 form online or through their HR department.
The purpose of the City of Phoenix 457 plan is to provide employees with a tax-advantaged way to save for retirement.
Employees must report their contributions, investment options, and beneficiaries on the 457 form.
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