Get 401k Catch Up Contribution Election Form - Instant Benefits

The 401k Catch Up Contribution Election Form - Instant Benefits is a crucial document for individuals aged 50 and older looking to maximize their retirement savings. This guide will provide you with clear, step-by-step instructions on how to complete the form accurately and efficiently online.

Follow the steps to complete your form online meticulously.

1. Press the ‘Get Form’ button to obtain the 401k Catch Up Contribution Election Form - Instant Benefits and open it in your preferred document editor.
2. Begin by filling out the Participant Information section. Start with your Social Security number, followed by your full name, sex, and marital status. Next, enter your date of birth, address, and phone number. Ensure that all entries are clear and legible.
3. In the Designated Beneficiary section, indicate whether your 401k Beneficiary has previously been designated or if you are attaching a new Beneficiary Designation.
4. Move on to the Contribution (Payroll Deduction) Authorization section. Decide if you wish to authorize regular payroll deductions for either the Traditional 401(k) Pre-tax or Roth 401(k) Post-tax options. Mark your choice accordingly.
5. For the selected option, input the effective date for the payroll deductions and specify the dollar amount to be deducted from each regular bi-weekly paycheck. Make sure your selected amount aligns with your savings goals.
6. Finally, provide your signature and date at the bottom of the form. This confirms your authorization for the contributions as specified.
7. Once completed, you can save the changes made to the form, download it for your records, or print it for submission. Ensure you keep a copy for your personal files.

Start filling out the 401k Catch Up Contribution Election Form online today!