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SDRS Supplemental Retirement 457(b) Plan Participation Agreement SUPPLEMENTAL RETIREMENT PLAN 222 East Capitol Ave. Ste. 1 Pierre, South Dakota 575012564 1605 2242230 Page 1 of 5Personal Information
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How to fill out sdrs supplemental retirement 457b
How to fill out sdrs supplemental retirement 457b
01
To fill out SDRS Supplemental Retirement 457b form, follow these steps:
02
Obtain the SDRS Supplemental Retirement 457b form from your employer or the SDRS website.
03
Read the instructions and requirements carefully before filling out the form.
04
Provide your personal information such as name, address, social security number, and contact details.
05
Indicate the contribution amount you wish to make to your SDRS Supplemental Retirement 457b account.
06
Choose the investment options for your contributions.
07
If applicable, designate beneficiaries to receive the benefits of your account in case of your death.
08
Review the completed form to ensure all information is accurate and complete.
09
Sign and date the form according to the instructions provided.
10
Submit the filled-out form to your employer or the designated SDRS office for processing.
11
Keep a copy of the form for your records.
Who needs sdrs supplemental retirement 457b?
01
SDRS Supplemental Retirement 457b is beneficial for individuals who:
02
- Want to save additional funds for retirement in addition to their primary retirement plan.
03
- Are employed by government or non-profit organizations that offer the SDRS Supplemental Retirement 457b plan.
04
- Are looking for a tax-advantaged way to save for retirement with the potential for higher contribution limits.
05
- Wish to take advantage of potential employer matching contributions or other employer-provided benefits.
06
- Seek to diversify their retirement savings by investing in a variety of investment options.
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What is sdrs supplemental retirement 457b?
The SDRS Supplemental Retirement 457(b) is a retirement savings plan available to employees of South Dakota state and local government entities, allowing them to save for retirement on a tax-deferred basis.
Who is required to file sdrs supplemental retirement 457b?
Employees who are participating in the SDRS Supplemental Retirement 457(b) plan and wish to contribute to it are required to file the necessary paperwork.
How to fill out sdrs supplemental retirement 457b?
To fill out the SDRS Supplemental Retirement 457(b), individuals need to complete the application form provided by their employer or the SDRS, indicating their contribution preferences and personal information.
What is the purpose of sdrs supplemental retirement 457b?
The purpose of the SDRS Supplemental Retirement 457(b) is to provide additional retirement savings options for public employees, allowing them to enhance their retirement income and benefits.
What information must be reported on sdrs supplemental retirement 457b?
The information that must be reported includes participant details, contribution amounts, and any changes to beneficiary designations.
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