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30Enrollment Form ERLANGEN HEALTH SYSTEM 457(b) PLAN Instructions Please print using blue or black ink. NOTE: You should use this form if you are enrolling in the plan for the first time. Keep a copy
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How to fill out erlanger health system 457b

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How to fill out erlanger health system 457b

01
To fill out the Erlanger Health System 457b form, you need to follow these steps:
02
Obtain the form: Contact the Human Resources department at Erlanger Health System to obtain a copy of the 457b form.
03
Provide personal information: Fill out the form with your personal information such as your name, address, and social security number.
04
Indicate contribution amount: Specify the amount of money you would like to contribute to your 457b plan.
05
Choose investment options: Select the investment options offered by Erlanger Health System for your contributions.
06
Designate beneficiaries: Indicate the beneficiaries who will receive the funds in your 457b plan in case of your death.
07
Sign and date: Read the terms and conditions of the form carefully, then sign and date it to confirm your agreement and understanding.
08
Submit the form: Return the completed form to the Human Resources department at Erlanger Health System.

Who needs erlanger health system 457b?

01
The Erlanger Health System 457b plan is designed for employees of Erlanger Health System who want to save for retirement. It is especially beneficial for those who want to supplement their retirement income, take advantage of tax-deferred growth, and have the option to contribute larger amounts than the traditional 401(k) plan allows. Any employee of Erlanger Health System can participate in the 457b plan, including full-time, part-time, and temporary employees.
02
Additionally, the 457b plan may be suitable for individuals who anticipate a higher income tax bracket in retirement and wish to take advantage of potential tax savings. It is important to consult with a financial advisor or tax professional to determine if the Erlanger Health System 457b plan is suitable for your specific financial goals and circumstances.
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Erlanger Health System 457b is a type of retirement savings plan offered to eligible employees of Erlanger Health System, designed to provide tax-advantaged savings for retirement.
Eligible employees of Erlanger Health System who participate in the 457b plan are required to file the necessary forms to manage their contributions and withdrawals.
To fill out the Erlanger Health System 457b, employees need to complete the required enrollment forms provided by the HR department, specifying contribution amounts and investment choices.
The purpose of the Erlanger Health System 457b is to help employees save for retirement on a tax-deferred basis, allowing them to accumulate funds for financial security in their later years.
Information that must be reported includes employee contributions, account balances, investment choices, and any withdrawals made during the plan year.
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