Nys Deferred Comp Emergency Withdrawal In Contra Costa
Category:
State:
Multi-State
County:
Contra Costa
Control #:
US-00418BG
Format:
Word;
Rich Text
Instant download
Description
Deferred compensation is an arrangement in which a portion of an employee's income is paid out at a date after which the income is actually earned. A Deferred Compensation Agreement is a contractual agreement in which an employee (or independent contractor) agrees to be paid in a future year for services rendered. Deferred compensation payments generally commence upon termination of employment (e.g., retirement) or death or disability before retirement. These agreements are often geared toward anticipated retirement in order to provide cash payments to the retiree and to defer taxation to a year when the recipient is in a lower bracket. Although the employer's contractual obligation to pay the deferred compensation is typically unsecured, the obligation still constitutes a contractual promise.
Free preview
Form popularity
More info
To apply, fill out the Self-Certification Unforeseeable Emergency Form (PDF) and return it to us via mail. Emergency distribution to withdraw funds from your New York State Deferred Compensation Plan account.To an emergency withdrawal, the Administrator will authorize a lump sum payment to the. The Contra Costa County Deferred Compensation Plan is a governmental. Benefit Distribution Request (PDF) (PDF) – Start the process needed to request a distribution from the Plan. The Contra Costa County Employees' Retirement Association ("CCCERA") invites organizations to submit proposals on providing IRC 457(b) Deferred. Participants may be able to take a withdrawal from their 457(b) account in the event of an Unforeseen Financial Emergency. This catalog serves as a contract between you, the student, and Contra Costa College. That contract is valid as long as you are continuously enrolled.