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Arkansas Diamond Deferred Compensation Plan Auto Enrollment Opt Out Form As a new employee, you will be automatically enrolled into the Arkansas Diamond Deferred Compensation Plan, with a 3% automatic.

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How to fill out the Ar Diamond Deferred Auto Enrolled Opt Out Form online

Filling out the Ar Diamond Deferred Auto Enrolled Opt Out Form is an essential step for new employees who choose not to participate in the Arkansas Diamond Deferred Compensation Plan. This guide provides clear instructions to help you complete the form accurately and submit it without difficulty.

Follow the steps to successfully complete the form online.

  1. Click ‘Get Form’ button to access the form and open it in your browser.
  2. Begin by reviewing the introductory information on the form, which confirms your automatic enrollment and the 90-day period available for opting out.
  3. Locate the 'Employee Opt Out Acknowledgement and Signature' section. Here, you will check the box to indicate your decision not to participate in the plan at this time.
  4. Print your name clearly in the designated area to ensure proper identification.
  5. Provide your Social Security Number in the corresponding field to verify your identity.
  6. Sign the form in the space provided to officially confirm your election to opt out.
  7. Date the form by entering the current date in the specified area.
  8. After completing the form, save any changes you've made. You may also choose to download, print, or share the filled form as needed.

Complete your documents online today to ensure your preferences are accurately recorded.

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Your Contributions One easy way to increase your retirement savings is to contribute a percentage of your income to your Deferred Compensation Plan (DCP) account. Consider saving between 7% and 10% of your salary.

This tax-saving feature is what makes the AR Diamond Plan di erent from other savings accounts. You can save on a pre-tax basis, which means every dollar you save in the Plan reduces your current taxable income by a dollar. As a result, you pay less in income tax today. And your AR Diamond Plan account grows tax-free.

Call 866-271-3327 or 501-301-9900, weekdays, from 8:30 a.m. to 5:00 p.m. CT, except on stock market holidays. There are benefits with rolling your DROP balance into the AR Diamond Plan. Please contact your representative for more information.

nsas Diamond Deferred Compensation Plan is a tax-deferred retirement savings/investment plan available to employees of Arkansas state, county, municipal, and other political subdivisions. For more information, visit the plan website.

Diamond Plan representatives can be contacted through the Little Rock office at 1-866-271-3327 or 501-301-9900. For more information visit the Plan Web site at https://myplavoyaplars.com.

Unlike a 401(k), your deferred compensation account is not yours; it is the property of your employer and is subject to potential loss. If the company goes bankrupt or cannot pay its bills, you may lose the compensation you deferred.

nsas Diamond Deferred Compensation Plan is a tax-deferred retirement savings/investment plan available to employees of Arkansas state, county, municipal, and other political subdivisions. For more information, visit the plan website.

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