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Deferred Compensation Plan LEAVE CONTRIBUTION FORM If you are retiring from King County or separating for other reasons, you may be eligible to contribute the value of your unused vacation, comp time,
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How to fill out king county deferred compensation

01
Obtain the necessary forms: You can download the King County Deferred Compensation forms from the official website or request them from the HR department.
02
Review the enrollment materials: Carefully read through the materials provided, including the plan description and investment options.
03
Choose a contribution amount: Decide how much you want to contribute to your deferred compensation account. Keep in mind any employer matching contributions.
04
Select your investment options: Based on your risk tolerance and investment goals, choose the funds or investment options that suit you best.
05
Fill out the enrollment form: Complete all the required fields on the enrollment form, including personal information, contribution amount, and investment allocations.
06
Submit the form: Once you have filled out the form, submit it to the HR department or the designated authority.
07
Review your investment selections periodically: It is advisable to review your investment choices regularly and make adjustments if necessary.
08
Stay informed: Keep track of any updates or changes to the King County Deferred Compensation plan and take advantage of any educational resources provided.

Who needs king county deferred compensation?

01
King County Deferred Compensation is suitable for:
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- Employees of King County government
03
- Individuals looking for tax advantages and potential savings for retirement
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- Those who want to supplement their Social Security benefits and personal retirement savings
05
- Workers who value the ability to contribute to their retirement on a pre-tax basis
06
- Employees who want to take advantage of employer matching contributions
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King County deferred compensation is a supplemental retirement savings program offered to King County employees, allowing them to defer a portion of their salary into a retirement account.
All King County employees are eligible to participate in the deferred compensation program, but it is not mandatory for them to do so.
To fill out the King County deferred compensation form, employees must complete and submit the necessary paperwork provided by the program administrator.
The purpose of King County deferred compensation is to provide employees with an additional opportunity to save for retirement in a tax-advantaged account.
Employees must report the amount of salary they wish to defer into their deferred compensation account, as well as any investment options they choose.
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