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Participant Enrollment Governmental 457(b) Plan City Of Petaluma Deferred Compensation Plan74369901Participant Informational Name First Name MI (The name provided MUST match the name on file with
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Obtain the necessary paperwork from your employer.
02
Fill out personal information such as name, address, social security number, and beneficiary details.
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Choose your contribution amount and investment options.
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Submit the form to your employer's human resources department.

Who needs governmental 457b plan participant?

01
Employees of state and local governments
02
Certain types of tax-exempt organizations
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A governmental 457b plan participant is a participant in a retirement plan that is offered to employees of state and local governments or tax-exempt organizations.
Employers who offer governmental 457b plans are required to file information about plan participants with the IRS.
Employers must gather relevant information about plan participants and submit it to the IRS using the appropriate forms and filing methods.
The purpose of governmental 457b plan participant is to ensure compliance with tax laws and provide information to the IRS about retirement savings and contributions.
Information such as participant names, social security numbers, contributions, and distributions must be reported on governmental 457b plan participant.
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