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CalPERS Supplemental Income 457 PlanPARTICIPANT CHANGE AUTHORIZATION FORM Note to Employee: Check the boxes below for all that apply. Be sure to sign this completed form and submit to your Employer

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How to fill out calpers 457 plan

01

Determine your eligibility for the CalPERS 457 plan.

02

Obtain the CalPERS 457 enrollment form from the CalPERS website or your employer's HR department.

03

Fill out your personal information on the enrollment form, including your name, address, and Social Security number.

04

Select your contribution percentage or dollar amount to be deducted from your paycheck.

05

Choose your investment options from the CalPERS investment menu.

06

Sign and date the enrollment form.

07

Submit the completed form to your employer’s HR department for processing.

Who needs calpers 457 plan?

01

State and local government employees in California.

02

Employees looking for additional retirement savings options beyond their primary pension plan.

03

Individuals seeking tax-deferred savings opportunities.

04

Workers desiring flexibility in investment choices and withdrawals upon retirement.

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What is calpers 457 plan?

The CalPERS 457 plan is a retirement savings plan offered by the California Public Employees' Retirement System (CalPERS) for public employees, allowing them to set aside a portion of their salary for retirement on a tax-deferred basis.

Who is required to file calpers 457 plan?

Employees who participate in the CalPERS 457 plan are required to file the necessary forms and documentation to establish and manage their individual accounts.

How to fill out calpers 457 plan?

To fill out the CalPERS 457 plan forms, individuals should obtain the application from the CalPERS website or their employer, provide accurate personal information, choose contribution amounts, and specify investment options before submitting it.

What is the purpose of calpers 457 plan?

The purpose of the CalPERS 457 plan is to provide public employees with a way to save for retirement and supplement their retirement income, encouraging long-term financial security.

What information must be reported on calpers 457 plan?

Participants must report personal information including name, Social Security number, employment details, contribution amounts, and any changes in beneficiary designations.

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