Deferred Compensation Plan / Nyce Ira Authorization Agreement for Electronic Fund Transfer (Eft) - New York City

Deferred Compensation Plan / Nyce Ira Authorization Agreement for Electronic Fund Transfer (Eft) - New York City

Deferred Compensation Plan/Nyce Ira Fund Transfer (Eft) is a legal document that was released by the New York City Office of Labor Relations - a government authority operating within New York City.

FAQ

Q: What is a deferred compensation plan?
A: A deferred compensation plan is a program that allows employees to set aside a portion of their income for retirement or other future needs.

Q: What is a NYCE IRA?
A: A NYCE IRA is an Individual Retirement Account offered by the New York City Employee Retirement System (NYCERS).

Q: What is an Authorization Agreement for Electronic Fund Transfer?
A: An Authorization Agreement for Electronic Fund Transfer is a form that allows the transfer of funds electronically from one account to another.

Q: Why would someone need an EFT authorization agreement?
A: Someone may need an EFT authorization agreement to set up automatic deposits or withdrawals from their account, such as for a deferred compensation plan or retirement account.

Q: Is this particular EFT authorization agreement specific to New York City?
A: Yes, this EFT authorization agreement is specific to New York City.

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Form Details:

  • Released on June 1, 2020;
  • The latest edition currently provided by the New York City Office of Labor Relations;
  • Ready to use and print;
  • Easy to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the New York City Office of Labor Relations.

Download Deferred Compensation Plan / Nyce Ira Authorization Agreement for Electronic Fund Transfer (Eft) - New York City

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