Get Agreement For Salary Reduction Under Section 403 ... - Elon University

This guide provides a clear and comprehensive overview of how to fill out the Agreement For Salary Reduction Under Section 403(b) for Elon University. By following the instructions below, users will be able to easily navigate each section of the agreement and ensure their information is submitted correctly.

Follow the steps to complete the salary reduction agreement online:

1. Click 'Get Form' button to access the form and open it in the online editor.
2. Fill in the Employee's information by entering your last name and first name in the designated fields.
3. Specify the effective date for the salary reduction. Enter the date in the format mm/dd/yyyy, which should be after the agreement is executed.
4. Indicate the percentage or dollar amount of your gross annual salary that will be reduced. This is typically a mandated amount of 4%.
5. If applicable, enter any additional personal contributions that you wish to make per pay period in the provided fields.
6. Specify the amount of after-tax Roth contributions you wish to allocate, if any, using the designated fields.
7. Recognize that the Institution will contribute to authorized funding vehicles, primarily the TIAA-CREF Group Retirement Annuity.
8. Sign the document electronically by typing your name in the Employee signature field and provide your Datatel ID number.
9. Choose to submit your completed form electronically or print, sign, and return it to the Office of Human Resources at Elon University.

Complete your salary reduction agreement online today for a smooth submission process.