Get Salary Reduction Agreement 091009.doc

The Salary Reduction Agreement 091009.doc is an important document that outlines your agreement with the University of Denver regarding salary reductions for retirement purposes. This guide provides comprehensive and user-friendly instructions to help you complete the form accurately online.

Follow the steps to complete the Salary Reduction Agreement online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by entering your name in the designated ‘Employee’ field. This identifies you as the individual entering into the agreement.
3. Indicate the salary or wage reduction amount in the appropriate section. This amount will be effective on your paycheck issued 15 days after the form is processed.
4. Select whether this agreement replaces your current salary reduction agreement or if it is your first agreement with the University of Denver.
5. In the section concerning contributions, specify the percentage of your salary you wish to allocate towards various retirement plans. Ensure that the total equals 4% for the basic retirement plan to receive the University’s 8% contribution.
6. For additional contributions, specify the amounts for the supplemental retirement plan and potential catch-up contributions if you are age 50 or older.
7. Review the action options for each tax shelter affected by this agreement and mark the appropriate action (start, same, change, stop) for each plan.
8. Provide your DU ID number and office phone number in the specified fields.
9. Lastly, sign and date the document in the designated sections to confirm your agreement with all terms stated.
10. Once completed, save your changes, and you have the option to download, print, or share the form as needed.

Take control of your retirement planning by completing the Salary Reduction Agreement online today.