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A Summary of Delaware County Intermediate Units 2021 403(b) Tax Sheltered Account Program Delaware County IU offers our eligible employees the opportunity to save for retirement by participating in
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How to fill out 403b summary and disclosure
How to fill out 403b summary and disclosure
01
Gather all necessary documents related to your 403b plan such as plan details, investment options, fees, and performance reports.
02
Review the 403b summary and disclosure document provided by your employer or plan administrator.
03
Fill out personal information such as name, address, social security number, and beneficiary designation.
04
Understand the investment options available in your 403b plan and indicate your desired investment choices.
05
Review any fees associated with the plan and ensure you understand how they will impact your overall account balance.
06
Sign and date the 403b summary and disclosure document to acknowledge that you have read and understood the information provided.
Who needs 403b summary and disclosure?
01
Employees who are enrolled in a 403b retirement plan
02
Employers who offer a 403b retirement plan to their employees
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What is 403b summary and disclosure?
403b summary and disclosure is a document that provides an overview of a 403b retirement plan and discloses key information about the plan to participants.
Who is required to file 403b summary and disclosure?
Employers who offer a 403b retirement plan are required to file 403b summary and disclosure for their plan participants.
How to fill out 403b summary and disclosure?
Employers must provide specific information about the 403b plan, including details on contributions, investment options, and fees, in the 403b summary and disclosure document.
What is the purpose of 403b summary and disclosure?
The purpose of 403b summary and disclosure is to ensure transparency and provide plan participants with essential information about their retirement plan.
What information must be reported on 403b summary and disclosure?
Information such as plan features, contribution limits, investment options, fees, and contact information for plan administrators must be reported on 403b summary and disclosure.
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