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Effective: 457(b) DEFERRED COMPENSATION PLAN AUTHORIZATION URIXCCRI RIC R.I. Dept. of EducationVOLUNTARY SALARY REDUCTION AGREEMENT hereby authorize you to reduce my biweekly salary by $ (total) and
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01
Obtain the necessary forms from your community college or human resources department.
02
Fill in your personal information, such as your name, address, and social security number.
03
Provide details about your employment, including the name of your employer, your position, and your salary.
04
Determine the amount you wish to contribute to your 457b plan and indicate this on the form.
05
Review the form to ensure all sections are completed accurately.
06
Sign and date the form.
07
Submit the completed form to the appropriate department or individual as instructed.

Who needs 457b - community college?

01
Those who work at a community college and want to save for retirement.
02
Employees who want to benefit from the tax advantages of a 457b plan.
03
Individuals who are looking for additional ways to supplement their retirement savings.
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457b refers to a type of deferred compensation plan offered by governmental and certain non-profit organizations, including community colleges, allowing employees to save for retirement on a tax-deferred basis.
Employees of community colleges who participate in the 457b plan are typically required to file this form to report their contributions and any earnings.
To fill out the 457b form, employees must provide personal information, contribution amounts, and any relevant retirement plan details as specified on the form.
The purpose of the 457b plan is to provide employees with a way to save for retirement while enjoying tax advantages, such as tax-deferred growth of their contributions.
The 457b must report employee contributions, employer contributions (if applicable), investment earnings, and any withdrawals made from the plan during the tax year.
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2003 2015 Rhode_Island voya deferrals defers ccri ric tiaa uri ri therewith equities taxable attaining biweekly deferring unforeseeable councils nonpayment instituting deferred encountering limitation arising annuity irs administrators rationale premiums

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