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T FCO MAL COUNTY DEFERRED COMPENSATION PLAN Effective Date of This Document June 1, 2017A Neither MassMutual nor any of its employees can provide legal or tax advice in connection with the execution
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01
Obtain the necessary forms from MassMutual or your employer.
02
Fill out personal information such as name, address, and social security number.
03
Choose your contribution amount and designate how much of each paycheck will be deposited into the account.
04
Select your investment options from the available choices.
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Review the information provided and submit the completed forms to MassMutual or your HR department.

Who needs massmutual 457b deferred compensation?

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Individuals who want to save for retirement while reducing their current taxable income.
02
Employees who want to take advantage of employer-sponsored retirement savings plans.
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MassMutual 457b deferred compensation is a retirement savings plan available for employees of certain non-profit organizations and government entities.
Employees who participate in the MassMutual 457b deferred compensation plan are required to make contributions and manage their accounts.
Employees can fill out the necessary forms and make contribution elections through their employer's HR department or online portal.
The purpose of MassMutual 457b deferred compensation is to allow employees to save for retirement on a tax-deferred basis.
Employees must report their contribution amounts, investment choices, and beneficiary information on their MassMutual 457b deferred compensation account.
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