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-0020 www.rsa-al.gov Name First Middle/Maiden Last Address Street or P. O. Box City State Social Security Number ( Zip Code Phone Number ) Check if Beneficiary information is continued on the back of this form. DESIGNATION OF PRIMARY BENEFICIARY(IES) I hereby designate the following person(s) as my primary beneficiary(ies) to receive any benefit that may become due at or after my death according to the terms of the Plan. Name: Relationship: Date of Birth: mm/dd/yyyy Address: S.

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Related content

RSA-1 Rates of Returns | The Retirement Systems of...
Below are the rates of returns for the RSA-1 deferred compensation plan and PEIRAF for the...
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RSA-1 Deferred Compensation Plan
RSA-1 and PEIRAF Beneficiary Designation. Retirement Systems of Alabama. PO Box 302150...
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RSA-1 Deferred Compensation Plan RSA-1 is a powerful tool to help you reach your retirement dreams. As a supplement to other retirement benefits or savings that you may have, this voluntary plan allows you to save and invest extra money for retirement, tax-deferred.

If you have 25 years of service, you can retire at any age and apply for full retirement benefits from RSA. Tier 2 members are eligible for retirement benefits at age 62 with at least 10 years of service.

No. If the retiree lives in Alabama, there is no state tax on the benefit. However, if they live in another state, be aware that most other states will charge state tax on the Alabama pension.

You cannot borrow against your retirement. You can only withdraw your account if you are no longer employed with a member agency. If you do withdraw your account, you forfeit your lifetime retirement benefits and your years and months of service.

Alabama's retirement plans qualify as a 401(a) plan. Each plan is available to different types of employees, depending on your profession. Many full-time, regular, public employees are eligible for the Employees' Retirement System (ERS). If you are eligible, you must participate in the system.

What is PEIRAF? The Public Employees' Individual Retirement Account Fund (PEIRAF) was established to allow public employees to conveniently and economically receive the fullest benefits offered by the Economic Recovery Tax Act (ERTA) of 1981 as it relates to individual retirement accounts.

Can I Purchase Service Credit For My Past Employment? Alabama state law allows active members to purchase service credit for certain types of past employment. Purchasing service credit may increase the amount of your retirement income or allow you to retire sooner.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232