Get Salary Reduction Agreement Form - Dehey Mcandrews

The Salary Reduction Agreement Form - DeHEY McANDREWs is essential for employees looking to manage their contributions to a Section 403(b) plan. This comprehensive guide will provide clear, step-by-step instructions to assist you in filling out this form online with ease.

Follow the steps to successfully complete your Salary Reduction Agreement Form.

1. Press the ‘Get Form’ button to access the form and open it in your document editor.
2. Begin with entering your personal details. This includes your full employee name, social security number, date of birth, year of hire, and home address. Confirm that all information is accurate to avoid processing delays.
3. Indicate your school district and a contact phone number. This section ensures that your employer has the necessary information to reach you regarding your contributions.
4. Set the effective date of your salary reduction. Choose either 'Next Available Pay' or specify a later pay cycle, including the payroll date.
5. Select the action you wish to take regarding your 403(b) contributions by checking the appropriate box.
6. If applicable, enter your new reduction dollar amount per payroll period and specify the qualified vendor for your contributions.
7. If you are changing your salary reduction amount or investment vendors, provide details about your previous contribution amount and vendor.
8. If your annual salary reduction amount is over $18,000, answer the questions in the subsequent sections regarding 15-Year Service Credit Catch-up Contributions and Age 50+ Catch-up.
9. Add the lines from the calculation section to verify your total contributions do not exceed the federal limits.
10. Carefully read the certification statements at the end of the form. By signing, you acknowledge your responsibilities and agree to the terms.
11. Finally, provide your signature and the date to validate the form. You may now choose to save changes, download, print, or share the completed form.

Get started now and fill out your Salary Reduction Agreement Form online!