Alaska Short-Term Incentive Plan

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Multi-State
Control #:
US-CC-7-588C
Format:
Word; 
Rich Text
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This sample form, a detailed Short-Term Incentive Plan document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

The NC 457 Plan is an eligible defined contribution plan under Section 457(b) of the Internal Revenue Code. The NC 401(k) Plan and the NC 457 Plan are single plans that are sponsored by the State of North Carolina and that have over 1,100 participating employers.

The State of Alaska Voluntary Supplemental Benefits (VSB) plan includes life insurance, critical illness, and long & short-term disability.

The State of Alaska 457 Deferred Compensation Plan (DCP) allows you to set aside and invest a portion of your income for your retirement on a voluntary basis. It is designed to complement the Alaska SBS Supplemental Annuity Plan and the Alaska PERS/TRS Defined Contribution Retirement Plan.

Permanent Seasonal: Full-time or part-time, but less than 12 months per year. Nonpermanent, Short-Term: Short-Term nonpermanent employment is less than 120 calendar days and the employee is not eligible for most benefits.

A TDA is also known as a 403(b) account. This account offers employees the opportunity to make additional tax-deferred contributions outside their required contributions to their respective retirement plans (either PERS, TRS, or ORP). All University of Alaska employees are eligible to participate in the TDA.

Assets in a 457(b) plan can be rolled over into most other retirement accounts, including into a traditional IRA, a Roth IRA, another 457(b) plan, a 403(b), a 401(a) or a 401(k) plan.

The State of Alaska 457 Deferred Compensation Plan (DCP) allows you to voluntarily set aside a portion of your income either before it is taxed or after it has been taxed.

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Alaska Short-Term Incentive Plan