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Paycheck Contribution Election Governmental 457(b) Plan Santa Barbara Superior Court 457 Deferred Compensation Plan74489701Use black or blue ink when completing this form. For questions regarding
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How to fill out what is a 457b
How to fill out what is a 457b
01
Obtain the necessary forms from your employer to enroll in a 457b plan.
02
Provide your personal information such as name, address, and Social Security number on the enrollment forms.
03
Decide on the amount you would like to contribute from your salary to the 457b plan.
04
Choose your investment options from the available choices provided by the plan.
05
Submit the completed forms to your employer for processing.
Who needs what is a 457b?
01
Employees of state and local governments
02
Employees of certain non-profit organizations
03
Some employees of public education institutions
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What is what is a 457b?
A 457b is a type of retirement savings plan available to employees of state and local governments, as well as certain tax-exempt organizations.
Who is required to file what is a 457b?
Employees who are eligible for a 457b plan can choose to contribute to it.
How to fill out what is a 457b?
Employees can typically enroll in a 457b plan through their employer and choose how much of their salary they want to contribute to the plan.
What is the purpose of what is a 457b?
The purpose of a 457b plan is to help employees save for retirement and potentially lower their taxable income.
What information must be reported on what is a 457b?
Contributions made to a 457b plan, investment gains/losses, and withdrawals are some of the information that must be reported.
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