INSTRUCTIONS: ALABAMA INVESTMENT OPTION ELECTION FOR NEW ACCOUNTS (Form RSA-1 EN IOE)
Public employees who have newly enrolled in the Alabama state-administered RSA-1 deferred compensation plan or who have a DROP rollover account can use the form discussed in this article to elect to place a portion of their funds in a stock investment option. This document can be obtained from the website of the Retirement Systems of Alabama.
Alabama Investment Option Election For New Accounts RSA-1 EN IOE Step 1: Indicate with a check mark whether this form concerns an RSA-1 account or a DROP rollover.
Alabama Investment Option Election For New Accounts RSA-1 EN IOE Step 2: On the first blank line, enter your first name, middle or maiden name and last name.
Alabama Investment Option Election For New Accounts RSA-1 EN IOE Step 3: On the second blank line, enter your street address or P.O. box number.
Alabama Investment Option Election For New Accounts RSA-1 EN IOE Step 4: On the third blank line, enter your city, state and zip code.
Alabama Investment Option Election For New Accounts RSA-1 EN IOE Step 5: On the fourth blank line, enter your Social Security number.
Alabama Investment Option Election For New Accounts RSA-1 EN IOE Step 6: On the fifth blank line, enter your date of birth.
Alabama Investment Option Election For New Accounts RSA-1 EN IOE Step 7: On the sixth blank line, enter your phone number.
Alabama Investment Option Election For New Accounts RSA-1 EN IOE Step 8: The next section should only be completed by those with RSA-1 accounts only. Check the first box if you wish to invest a fixed percentage of your new deferrals in the fixed investment option. Enter the percentage.
Alabama Investment Option Election For New Accounts RSA-1 EN IOE Step 9: Check the second box if you wish to invest a fixed percentage of your new deferrals in the stock investment option. Enter the percentage.
Alabama Investment Option Election For New Accounts RSA-1 EN IOE Step 10: The next section is for those with DROP rollovers only. Check the first box if you wish to invest a fixed percentage of your DROP funds in the fixed investment option. Enter the percentage. Check the second box to invest a percentage in the stock investment option and enter the percentage. Sign and date the form where indicated.
