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Get the free Deferred Compensation Substitute State Withholding Election Form - tiaa-cref

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This form is designed to allow individuals to complete an Income Tax Withholding Election for distributions from TIAA-CREF, ensuring compliance with state tax laws. Instructions include guidelines
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How to fill out Deferred Compensation Substitute State Withholding Election Form

01
Obtain the Deferred Compensation Substitute State Withholding Election Form from your employer or the state website.
02
Provide your personal information including your name, address, and social security number in the designated fields.
03
Indicate your choice for state income tax withholding on the form by selecting the appropriate options.
04
Fill out the appropriate sections regarding your salary deferral amounts and any other relevant details.
05
Review the completed form for accuracy to ensure all information is correct.
06
Sign and date the form as required.
07
Submit the form to your employer's payroll department or designated office.

Who needs Deferred Compensation Substitute State Withholding Election Form?

01
Employees who participate in a deferred compensation plan and wish to elect how state income taxes are withheld from their deferred compensation.
02
Individuals looking to customize their state withholding for retirement savings or other financial planning purposes.
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The Deferred Compensation Substitute State Withholding Election Form is a document used by employees to elect state withholding amounts from their deferred compensation plans, allowing them to manage their tax withholdings effectively.
Employees who participate in a deferred compensation plan and wish to designate state tax withholdings from their compensation must file this form.
To fill out the form, employees must provide their personal information, select the desired state withholding options, and submit the completed form to their employer or plan administrator.
The purpose of the form is to allow employees to specify how much state tax should be withheld from their deferred compensation, ensuring compliance with state tax regulations.
The form typically requires the employee's name, Social Security number, address, the amount or percentage of state withholding, and any additional information as specified by the state's tax authority.
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