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WASHINGTON STATE UNIVERSITY 2019 AGREEMENT FOR SALARY REDUCTION UNDER SECTION 403(B) VOLUNTARY INVESTMENT PROGRAM (VIP) SECTION I ENROLL, CHANGE, CANCEL authorize Washington State University to reduce
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How to fill out 403b salary reduction agreement

01
Obtain a 403b salary reduction agreement form from your employer or financial institution.
02
Fill in your personal information such as name, address, social security number, and employment details.
03
Specify the percentage or amount of your salary that you wish to contribute to your 403b account.
04
Sign and date the agreement, as well as provide any necessary witness signatures if required.
05
Submit the completed form to your employer or financial institution for processing.

Who needs 403b salary reduction agreement?

01
Employees who wish to contribute a portion of their salary to a retirement savings account through their employer's 403b plan.
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A 403b salary reduction agreement is a written agreement between an employee and employer that allows the employee to contribute a portion of their salary to a 403b retirement savings plan before taxes are withheld.
Employees who wish to contribute a portion of their salary to a 403b retirement savings plan are required to file a salary reduction agreement.
Employees can fill out a salary reduction agreement by providing their personal information, indicating the percentage or amount they wish to contribute to the 403b plan, and signing the agreement.
The purpose of a 403b salary reduction agreement is to allow employees to save for retirement by contributing a portion of their salary to a tax-deferred retirement savings plan.
A 403b salary reduction agreement must include the employee's name, contact information, social security number, the amount or percentage of salary to be contributed to the 403b plan, and the effective date of the agreement.
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