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Frequently Asked Question
Do I need to elect the percentage I defer, the year when it will be distributed, and the form of payment when it is distributed?

Your election must specify the amount of compensation for deferral, the date of the payout(s), and the form (a lump sum or yearly payments/annuity). First, you need to learn from your company both what you can elect and what is mandatory under your plan. Then you decide…

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