Moreover as every day is now a 401 k day you are free to start today or next month to launch an education campaign at any time plan sponsors can download the new 2012 program. Get and sign 401k decline enrollment form.
Proposed regulations on new safe harbor qualified automatic contribution arrangements.
401k enrollment letter sample. Spanish language participant education guide for 401 k s 403 b s and simple iras helps investors de. Sample automatic enrollment and default investment notice relating to code sections 401 k 13 and 414 w and erisa sections 404 c 5 and 514 e 3 on november 8 2007 the internal revenue service irs and the treasury department published. Participation in the gseps 401 k plan by completing of this form you are automatically enrolled in the gseps 401 k plan using the peach state reserves 401 k plan and contributions of one percent 1 of your salary will be taken beginning with your first paycheck.
With fewer companies offering pensions the 401 k has become the new retirement nest egg. This sample notice is provided to assist you in preparing the required notification for your plan. Quite simply the hunt for specific answers to important questions begins and ends with this clear.
Savings bonds may be purchased and 3 deposits may be made into a supplemental retirement fund. 401k enrollment letter sample. After you satisfy the plan s general eligibility rules i e age 21 and 30 days of employment you will automatically be.
The following are available through payroll deduction. We are pleased to announce three saving plan options for all full time employees. Paypro administrators 6180 quail valley court riverside ca 92507 tel.
For plans with automatic enrollment and safe harbor optional instructions to plan sponsor. Contributing even a small percentage of your salary can add up over the years especially with employer matching. General rules explained in the 401 k summary provisions you are subject to automatic enrollment in the plan at a rate of 4 of your compensation.
As we approach the final days of 2015 we wanted to remind all associates that have not enrolled into the firstfleet 401 k plan that you still have a few days to enroll in the plan to take part in the 401 k matching program that is going live in january 2016. If your employer offers a 401 k plan be sure to sign up during the open enrollment period. Not available to order.
Qualified default investment alternative notice. Line item expenses include date location purpose guest company and amount. Mark mcknight posted on december 24 2015 08 00.
L any amount up to 17 of your salary may be automatically deposited in a tax sheltered annuity 2 u s. Document expenses by date with this form. Customized enrollment meeting guide sample.