DEDUCTION WORKSHEET by dom991

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									                                 2758ebfe-213f-43a8-8d47-5e95c351a25e.xls




EMPLOYEE NAME:




Which SUPPLEMENTAL PLAN are you changing?                                   SELECT ONE

Which PAY DATE do you want this effective?
See Payroll Schedule

YTD CONTRIBUTIONS
                                                                               $0.00
Enter YTD from Most Recent Paycheck Stub, click here for PHR login


2010 IRS MAXIMUM                                                             $16,500.00


AGE 50 CATCH-UP CONTRIBUTION
                                                                               $0.00
If OVER 50 years of age enter $5,500 otherwise enter $0 (see rules)

OTHER CATCH-UP CONTRIBUTUIONS
                                                                               $0.00
See Contribution Rules and enter amount, otherwise enter $0

TOTAL Amount need to MAX OUT for 2010                                        $16,500.00

Enter the # of Pay Periods Left in Calendar Year
See Payroll Schedule


MAXIMUM DEDUCTION PER-PAYCHECK                                                #DIV/0!



Please CLICK ON LINKS BELOW for the applicable Forms to change your current deduction:
TIAA CREF 403(b)
TIAA CREF 457(b)
Fidelity 403(b)
Fidelity 457(b)
                                 CONTRIBUTION RULES

                                                                                      Additional
    Features             403(b) Plan               457(b) Public Plan               Considerations
                                                                              Employees might consider
                                                                              contribution to both plans --
                  The lesser of $16,500 or     The lesser of $16,500 or
                                                                              especially those who are
Contribution      100% of compensation.        100% of compensation.
                                                                              highly compensated.
Limits            Governed by Sections 415     Governed by Sections
                                                                              Employee can contribute
                  and 402(g).                  457(b)
                                                                              the maximum to each plan
                                                                              in the same calendar year.
                  There is no coordination     There is no coordination
                  between 403(b) and 457(b)    between 403(b) and 457(b)
Contribution
                  plans. Employees can         plans. Employees can
Coordination
                  contribute the maximum to    contribute the maximum to
                  both.                        both.
                Addition $5,500 elective       Addition $5,500 elective
                salary deferral is permitted   salary deferral is permitted
                                                                            Employees are eligible for
Age 50 Catch-Up for those age 50 and older.    for those age 50 and older.
                                                                            the age-50 catch-up in both
Amounts         Can use higher limit at age    Can use higher limit at age
                                                                            403(b) and 457(b) plans.
                50 for 403(b) and 457(b) in    50 for 403(b) and 457(b) in
                the same plan year.            the same plan year.
               For those with 15 or more
               consecutive years of            For those within three years
               service (same eligible          of plan's normal retirement
                                                                              The 457(b) plan might work
               employer), up to an             age, additional amount up
                                                                              better for participants who
               additional $3,000 elective      to the applicable limit or
                                                                              think they might be able to
                                               unused amounts from prior
Other Catch-Up salary deferral per year                                       contribute substantially
               ($15,000 lifetime               years, whichever is less.
Amounts                                                                       more as they near
               maximum). Prior year            Employees are eligible for
                                                                              retirement, because of the
               contributions may limit this    the greater of this
                                                                              more generous catch-up
               amount. Employees are           enhanced limit or the age
                                                                              provisions.
               eligible for both age-50 and    50 catch-up contributions,
               15-year catch-up                but not both
               contributions.

								
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