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D 08/28/2018 Date Participant Name Participant Address1 Participant City ST Zip Dear Participant: RE: Request for Unforeseeable Emergency Distribution under the Plan (Request for Distribution) County
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How to fill out county 457 deferred compensation

01
Obtain the necessary forms from your county's Human Resources department.
02
Carefully read the instructions provided with the forms to understand the information required.
03
Fill out personal information such as your name, address, Social Security number, and employment details.
04
Determine the percentage or dollar amount of your wages you want to contribute to the deferred compensation plan.
05
Specify how often you want your contributions to be deducted from your paycheck (e.g., monthly, bi-weekly).
06
Choose your investment options from the available choices provided by the county.
07
Review your completed form for accuracy and completeness.
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Sign and date the form where required.
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Submit the filled-out form to your county's Human Resources department.
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Keep a copy of the completed form for your records.

Who needs county 457 deferred compensation?

01
County 457 deferred compensation is beneficial for:
02
- Employees working for county governments who want to save for retirement.
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- Individuals who want to take advantage of tax advantages offered by deferred compensation plans.
04
- Those who prefer to have a portion of their income saved for retirement automatically.
05
- Those who want to supplement their other retirement savings plans.
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County 457 deferred compensation is a retirement savings plan for employees of state and local governments, as well as some nonprofit organizations. It allows participants to save money for retirement on a tax-deferred basis.
Employees of state and local governments, as well as some nonprofit organizations, are required to file county 457 deferred compensation if they choose to participate in the plan.
County 457 deferred compensation forms can usually be completed online or through a paper form provided by the plan administrator. Participants need to provide information about their contributions and investment choices.
The purpose of county 457 deferred compensation is to help employees save for retirement in a tax-advantaged way, by allowing them to contribute a portion of their salary to the plan.
Participants must report their contributions to the plan, investment earnings, and any withdrawals or distributions they receive from the plan.
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