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MERS 457 Participation Agreement 1134 Municipal Way Lansing, MI 48917 | 800.767.2308 | Fax 517.703.9707www.mersofmich.comThe Employer, a participating municipality or participating court within the

How to fill out mers uniform 457 supplemental

How to fill out mers uniform 457 supplemental

1. Start by gathering all the necessary documents for filling out the MERS Uniform 457 Supplemental form.
2. Read the instructions provided on the form carefully to understand the requirements and guidelines for filling it out.
3. Enter your personal information, such as your name, address, and contact details, in the designated fields on the form.
4. Provide relevant details about your employer, including their name, address, and contact information.
5. Specify the type of plan you have opted for and the contribution amount you wish to make.
6. If you have any beneficiaries for your plan, fill in their details as required.
7. Review the completed form to ensure all the information provided is accurate and complete.
8. Sign and date the form at the designated section to validate your submission.
9. Keep a copy of the filled-out form for your records and submit the original form to the appropriate authority or entity.

Who needs mers uniform 457 supplemental?

1. Employees who are eligible for a MERS 457 retirement plan and wish to make supplemental contributions may need the MERS Uniform 457 Supplemental form.
2. Employers who manage retirement plans for their employees and need to provide the MERS Uniform 457 Supplemental form for their employees may also require it.
3. Financial advisors or administrators assisting individuals or organizations in managing their retirement plans may also use the MERS Uniform 457 Supplemental form when necessary.

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What is mers uniform 457 supplemental?

MERS Uniform 457 Supplemental is a standardized form used for submitting additional information regarding a 457 deferred compensation plan, often utilized by governmental and certain non-profit employers.

Who is required to file mers uniform 457 supplemental?

Employers that offer a 457 deferred compensation plan are required to file the MERS Uniform 457 Supplemental to provide necessary details about the plan and its participants.

How to fill out mers uniform 457 supplemental?

To fill out the MERS Uniform 457 Supplemental, one must provide accurate information such as the plan sponsor details, participant contributions, and investment options. Make sure to follow the specific instructions provided with the form.

What is the purpose of mers uniform 457 supplemental?

The purpose of the MERS Uniform 457 Supplemental is to ensure compliance with state regulations by providing a clear record of contributions and the administration of 457 plans.

What information must be reported on mers uniform 457 supplemental?

The MERS Uniform 457 Supplemental must report information including participant data, total contributions, any employer match, and details related to investment performance.