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SCOTT COUNTYDEFERRED COMPENSATION PLANREQUEST FOR AND MODIFICATION OF CONTRACT(Effective date)I hereby authorize Scott County to deduct per pay period to be paid as premiums to:COMPANY:POLICY NUMBER:Which
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How to fill out 457b enrollment form opens

01
Read the instructions on the enrollment form carefully.
02
Provide your personal information such as name, address, and contact details.
03
Specify your employment details including your employer's name and address.
04
Indicate your desired contribution amount and frequency.
05
Choose your investment options.
06
Fill out the beneficiary information section.
07
Review the form for accuracy and completeness.
08
Sign and date the form.
09
Submit the completed form to your employer or plan administrator.

Who needs 457b enrollment form opens?

01
Employees who qualify and are eligible for a 457b plan.
02
Individuals who want to save for retirement with pre-tax dollars.
03
Those who wish to take advantage of potential employer matching contributions.
04
People who desire additional tax advantages and potential growth on their investments.
05
Employees who want to supplement their pension or other retirement savings.

What is 457(b) Enrollment (Opens in new window) Form?

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The 457b enrollment form is a document used by employees to enroll in a 457b deferred compensation plan, which allows them to save for retirement on a tax-advantaged basis.
Typically, state and local government employees, as well as some nonprofit employees, are required to file the 457b enrollment form in order to participate in the 457b plan.
To fill out the 457b enrollment form, individuals need to provide personal information, employment details, contribution amounts, and choose investment options as required by the specific plan.
The purpose of the 457b enrollment form is to formally enroll employees in the 457b plan, enabling them to set aside pre-tax income for retirement, thereby reducing their taxable income.
Information required typically includes personal identification details, salary information, contribution preferences, and beneficiary designations.
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