Get the free Calpers Supplemental Income 457 Plan - Beneficiary Designation Form

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This form allows participants of the CalPERS Supplemental Income 457 Plan to designate primary and contingent beneficiaries for their account in the event of their death. Instructions are provided

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How to fill out calpers supplemental income 457

01

Obtain the CalPERS Supplemental Income 457 Plan enrollment form from the CalPERS website or your employer.

02

Fill out your personal information such as name, address, and Social Security number.

03

Choose your contribution amount—typically a percentage of your salary or a fixed dollar amount.

04

Select your investment options from the available choices according to your financial goals and risk tolerance.

05

Review the plan's rules and regulations, making sure you understand the withdrawal options and any penalties.

06

Sign and date the form to certify that the information provided is accurate.

07

Submit the completed form to your employer’s HR department or directly to CalPERS.

Who needs calpers supplemental income 457?

01

Individuals who are employees of public agencies in California looking to save for retirement.

02

Employees aiming to supplement their retirement income through additional contributions.

03

Public sector employees who want to take advantage of tax-deferred growth on their investments.

04

Anyone who wants to have more control over their retirement planning and investment choices.

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What is calpers supplemental income 457?

CalPERS Supplemental Income 457 is a deferred compensation plan offered to employees of the California Public Employees' Retirement System, which allows participants to save for retirement on a tax-deferred basis.

Who is required to file calpers supplemental income 457?

Employees of the California Public Employees' Retirement System who are eligible for the plan and wish to participate in the supplemental income program are required to file the necessary documents.

How to fill out calpers supplemental income 457?

To fill out the CalPERS Supplemental Income 457 form, participants should provide personal information, select their contribution amounts, and designate beneficiaries, following the specific instructions provided with the form.

What is the purpose of calpers supplemental income 457?

The purpose of the CalPERS Supplemental Income 457 is to provide additional retirement savings for employees, allowing them to build a larger nest egg for retirement while benefiting from tax advantages.

What information must be reported on calpers supplemental income 457?

Participants must report personal information such as their name, social security number, contribution amounts, investment options selected, and beneficiary designations on the CalPERS Supplemental Income 457 form.

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