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City and County of Denver 457(b) Deferred Compensation Plan Enrollment/Change Form By completing this form, you are either enrolling in the Plan, or opting not to take advantage of the Denver 457(b)
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How to fill out deferred compensation enrollment form

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How to fill out deferred compensation enrollment form

01
Obtain the deferred compensation enrollment form from your employer or human resources department.
02
Fill in your personal information such as your name, address, social security number, and date of birth.
03
Select the amount you would like to defer from your paycheck into the deferred compensation plan.
04
Choose your investment options from the available choices provided on the form.
05
Sign and date the form to authorize the deductions from your paycheck and enrollment into the plan.

Who needs deferred compensation enrollment form?

01
Employees who want to save for retirement through pre-tax contributions
02
Individuals who want to take advantage of tax-deferred growth on their investments
03
Workers who want to supplement their pension or 401(k) savings with additional retirement savings
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A deferred compensation enrollment form is a document that employees fill out to enroll in a deferred compensation plan, which allows them to set aside a portion of their income to be paid out at a later date, typically for retirement.
Employees who wish to participate in a deferred compensation plan are required to file a deferred compensation enrollment form.
To fill out the deferred compensation enrollment form, an employee typically needs to provide personal information, choose the amount to defer, indicate investment options, and sign the form to authorize participation.
The purpose of the deferred compensation enrollment form is to formally enroll employees in a deferred compensation plan and outline their election related to salary deferral and investment choices.
The information that must be reported includes personal details of the employee, the amount they wish to defer, selection of investment options, and any beneficiary designations.
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