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.
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.
Form Details:
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.