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Cook County Deferred Compensation Plan Direct Rollover/Transfer Request For incoming assets Please complete all sections of this form. All information on this document must be completed and returned
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How to fill out Cook County deferred compensation:

01
Obtain the necessary forms: Start by obtaining the forms required to fill out Cook County deferred compensation. These forms can typically be found online on the Cook County website or requested from the relevant department.
02
Review the instructions: Before filling out the forms, carefully read and review the instructions provided. Understanding the instructions will ensure accurate and complete submission of your deferred compensation information.
03
Provide personal information: Begin by providing your personal information, such as your full name, social security number, address, and contact details. Make sure to double-check the accuracy of the information provided.
04
Select investment options: Cook County deferred compensation offers various investment options for participants to choose from. carefully review these options and select the ones that align with your financial goals and risk tolerance. This step may require some research or guidance from a financial advisor.
05
Determine contribution amount: Decide on the amount you wish to contribute to your deferred compensation account. Keep in mind any eligibility requirements or contribution limits set by Cook County.
06
Complete beneficiary designation: In the event of your passing, it's important to designate a beneficiary for your deferred compensation account. Provide the necessary information for your chosen beneficiary, including their name, relationship to you, and contact details.
07
Review and sign: Once you have completed all the required sections, review the forms to ensure accuracy and completeness. Make any necessary corrections before signing and dating the forms. Remember to keep a copy of the filled-out forms for your records.

Who needs Cook County deferred compensation:

01
Employees of Cook County: Cook County deferred compensation is typically available to employees of Cook County. This includes full-time, part-time, and temporary employees.
02
Individuals looking to save for retirement: Cook County deferred compensation is a retirement savings plan designed to help individuals save and invest for their future. If you are interested in saving for retirement and work for Cook County, this program may be suitable for you.
03
those seeking tax advantages: Cook County deferred compensation often offers tax advantages, such as the tax-deferred growth of investments. If you are looking to maximize tax benefits while saving for retirement, this program may be worth considering.
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