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SALARY REDUCTION AGREEMENT (Yr 2020) FOR 403(b) and 403(b)(7) ACCOUNTS ONETIME DEFERRAL INSTRUCTIONS: See the second page of this form for completion instructions and information. SECTION I: AGREEMENT
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Publication 571 is a form used to report employees' earnings that are set aside in a tax-sheltered retirement plan.
Employers who offer tax-sheltered retirement plans to their employees are required to file publication 571.
Publication 571 must be filled out with the employee's earnings that are contributed to a tax-sheltered retirement plan.
The purpose of publication 571 is to report and track the contributions made to tax-sheltered retirement plans by employees.
Information such as employee earnings contributed to the retirement plan, contribution amounts, and any additional benefits must be reported on publication 571.
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