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REQUEST FOR PROPOSALS FROM FINANCIAL ORGANIZATIONS FOR THE PROVISION OF PASSIVE U.S. EQUITY AND PASSIVE U.S. FIXED INCOME MANAGEMENT SERVICES FOR THE DEFERRED COMPENSATION PLAN FOR EMPLOYEES OF THE
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How to fill out ny state deferred compensation

01
Gather necessary personal information including Social Security number, date of birth, and employment details.
02
Visit the New York State Deferred Compensation Plan website to access forms and resources.
03
Complete the enrollment form accurately, providing details about your contributions and investment options.
04
Select your desired contribution amount and choose your investment options.
05
Review the form for any errors and ensure all required fields are filled out.
06
Submit your completed enrollment form to your human resources department or via the submission options provided on the website.

Who needs ny state deferred compensation?

01
State employees looking to save for retirement on a tax-deferred basis.
02
Individuals who want to supplement their retirement savings beyond traditional pension plans.
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Employees interested in taking advantage of lower taxable income through deferred compensation contributions.
04
Anyone wanting to create a personalized retirement investment strategy.
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NY State Deferred Compensation is a retirement savings plan that allows employees of New York State and certain other participating public employers to save a portion of their income for retirement on a tax-deferred basis.
Employees of New York State and eligible local government employees who participate in the Deferred Compensation Plan are required to file forms related to the plan.
To fill out the NY State Deferred Compensation forms, employees must provide personal information, indicate their desired contribution amount and frequency, select investment options, and sign the application.
The purpose of NY State Deferred Compensation is to provide public employees with a tool for saving money for retirement, thus enhancing their financial security and encouraging long-term savings.
Information that must be reported includes employee personal details, contribution amounts, selected investment options, and any changes to participation or contributions.
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