Indicate Status definition
Indicate Status. Check “New Enrollment” if this is the first time you are entering into a Salary Reduction Agreement (SRA) with the University. Check “Change Contributions” if you are changing the amount to be deducted from your paycheck or you are changing the contribution(s) you are sending to an account provider(s). Check “Terminate Contributions” if you are stopping an existing agreement. Check all that apply: Indicate all deferral limits that apply to you. The limits apply to pre-tax and post-tax (▇▇▇▇) contributions combined. All employees are eligible to defer under “regular deferral,” which is limited to $19,500 for 2020. If you are age 50 or older and want to defer up to an additional $6,500 in 2020, check “age 50+ catch- up.” If you are eligible to defer additional contributions under the 15-year catch-up rule, which is based on full-time employment with VCU, check “15-year rule.” Note: To determine your eligibility and the amount of your catch-up under the 15-year rule, contact your account provider for the calculation and report your catch-up amount to VCU Payroll Services. You may also request a 15-year catch-up calculation from VCU Human Resources, Benefits Administration by emailing ▇▇▇▇▇▇▇▇@▇▇▇.▇▇▇. Allow at least 10 days for processing your calculation request. Account Provider(s) Name(s): List the name(s) of ALL companies to receive your contributions. The University remits the total amount you specify to the company(ies) you list. Do not list investment options on this form. Select your investments directly with the account provider(s) at ▇▇▇.▇▇▇▇.▇▇▇/▇▇▇ and/or ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/▇▇▇. In addition to completing this form, you must also enroll for a VCU 403(b) account with each account provider you select, to open your account and select your investment options. You may enroll online with TIAA at ▇▇▇.▇▇▇▇.▇▇▇/▇▇▇ and/or with Fidelity Investments at ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/▇▇▇, or you may contact your selected account provider(s) to request paper enrollment forms for the VCU 403(b) plan.
Indicate Status. Check “New Enrollment” if this is the first time you are entering into a Salary Reduction Agreement (SRA) with the University. Check “Change Contributions” if you are changing the amount to be deducted from your paycheck or you are changing the contribution(s) you are sending to an investment company(ies). Check “Terminate Enrollment” if you are stopping an existing agreement. Check all that apply: Indicate all deferral limits that apply to you. The limits apply to pre-tax and post-tax (▇▇▇▇) contributions combined. All employees are eligible to defer under “regular deferral,” which is limited to $19,000 for 2019. If you are age 50 or older and want to defer an additional $6,000 (in 2019), check “age 50+ catch-up.” If you are eligible to defer additional contributions under the 15-year rule, which is based on full-time employment with VCU, check “15-year rule.” Note: To determine your eligibility and the amount of your catch-up under the 15-year rule, contact your investment company for the calculation and report your catch-up amount to VCU Payroll Services. You may also request a 15-year rule catch-up calculation from VCU Benefits by emailing ▇▇▇▇▇▇▇▇@▇▇▇.▇▇▇. Allow at least 10 days for VCU Benefits to process your calculation request.