Get 403(b) Salary Reduction Agreement

Completing the 403(b) Salary Reduction Agreement is an important step in managing your retirement contributions. This guide provides clear, step-by-step instructions for filling out the form online, ensuring you can easily understand each component.

Follow the steps to complete your agreement accurately.

1. Click ‘Get Form’ button to access the 403(b) Salary Reduction Agreement and open it in your preferred online editor.
2. Fill in your employee information. This includes your first name, middle initial, last name, and address (note that a PO Box is unacceptable). Provide your date of birth, Social Security number, city, state, and zip code. Also, include your email address and phone number.
3. Indicate your employer and add your campus code or ID number if applicable. Enter your annual salary and specify the number of pay periods per year (check one option: 10, 12, 24, or other).
4. For Deduction 1, choose whether to start or modify an existing deduction for your 403(b) or Roth 403(b). Enter the provider company name, product ID number (if applicable), and select a deduction status (new/resume, change existing, stop contribution, or hardship request). Specify your preferred start date or choose the next pay period, then fill in the monthly reduction amount or per pay period amount.
5. Repeat step 4 for Deduction 2 and Deduction 3 if you are making multiple deductions. Ensure accuracy with each entry.
6. Review the qualifications section and ensure your eligibility based on retirement, disability, severance from employment, or hardship provisions.
7. Read and agree to the conditions outlined in the acknowledgment section. Ensure you understand the terms of the Salary Reduction Agreement, including the irrevocability of the agreement during employment.
8. Sign the document by providing your signature, and if necessary, the agent’s name and signature. Ensure to include the date of signing.
9. Once all sections are complete and verified, save any changes made, and choose to download, print, or share the form as necessary.

Begin completing your 403(b) Salary Reduction Agreement online today for efficient retirement planning.