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Get Cms Ben Defcomp
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How to fill out the Cms Ben Defcomp online
Completing the Cms Ben Defcomp form is essential for designating beneficiaries under the State Employees' Deferred Compensation Plan. This guide will provide you with clear and concise instructions to help you fill out the form accurately and efficiently.
Follow the steps to complete the Cms Ben Defcomp form online.
- Click ‘Get Form’ button to initiate the process and access the Cms Ben Defcomp form.
- Begin by entering your last name, first name, and middle name in the appropriate fields. This information is critical for identifying your application.
- Provide your Social Security number in the designated field to ensure accurate identification.
- Fill in your pay code, if applicable, as it relates to your employment status and compensation.
- Next, designate your beneficiaries. For each beneficiary, indicate whether they are a primary (P) or contingent (C) beneficiary. Be sure to list all primary beneficiaries first.
- For each beneficiary, fill in their last name, first name, middle name, date of birth, Social Security number, and the percentage of benefits they should receive. Ensure that the total percentages for primary and contingent beneficiaries equal 100%.
- Verify all entered information for accuracy before signing the form. Ensure that the designations align with your wishes.
- Once completed, sign and date the form to confirm your beneficiary elections. Remember, this designation supersedes any prior designations.
- Save your changes to the document. You may also download, print, or share the completed form as needed.
Complete your Cms Ben Defcomp form online today to ensure your beneficiaries are properly designated.
Basic elective deferral limit The basic limit on elective deferrals is $22,500 in 2023, $20,500 in 2022, $19,500 in 2020 and 2021, and $19,000 in 2019, or 100% of the employee's compensation, whichever is less.
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