The Nys deferred comp withdrawal form for 2023 in Suffolk is designed for employees seeking to access their deferred compensation benefits. This form allows for the withdrawal of funds accrued in the New York State Deferred Compensation Plan, ensuring users comply with the regulations surrounding such transactions. Key features include clear sections for personal information, the type of withdrawal requested, and important terms related to penalties or tax implications. Users are instructed to fill out the form completely, providing accurate details to avoid delays in processing. It's essential to review the eligibility criteria for withdrawals outlined in the form. This particular form serves a vital purpose for various professionals including attorneys, partners, owners, associates, paralegals, and legal assistants. It helps these individuals navigate the financial implications of deferred compensation plans, especially during retirement planning or in cases of unexpected financial need. Proper completion of this form can aid in ensuring that users make informed decisions regarding their long-term financial strategies.