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P.O. Box 30171 Lansing, MI 489097671Toll Free: 8003815111 Local: 5172844400 www.michigan.gov/ors Fax: 5172844416PartTime Student Employee Retirement Plan Participation part-time students employed
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How to fill out retirement plan election and
How to fill out retirement plan election and
01
To fill out a retirement plan election form, follow these steps:
1. Obtain the retirement plan election form from your employer or retirement plan provider. This form may also be available online.
2. Read through the instructions and requirements provided with the form to understand the information you need to provide.
3. Fill in your personal information, such as your full name, date of birth, and social security number.
4. Provide information about your employment, including your job title, department, and date of hire.
5. Choose your desired retirement plan option. This may include selecting the type of plan, contribution amount, investment options, and beneficiary designations.
6. Review your completed form to ensure all information is accurate and complete.
7. Sign and date the form.
8. Submit the form to your employer or retirement plan provider as instructed. Keep a copy for your records.
Who needs retirement plan election and?
01
Anyone who is eligible for a retirement plan offered by their employer should consider filling out a retirement plan election form. This may include employees of companies that offer 401(k) plans, pension plans, or other retirement savings programs. Additionally, individuals who are self-employed or do not have access to employer-sponsored retirement plans may also benefit from filling out a retirement plan election form to set up their own retirement savings accounts, such as Individual Retirement Accounts (IRAs).
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