INSTRUCTIONS: ALABAMA INVESTMENT OPTION ELECTION FOR INCOMING 457 TRANSFER
Alabama public employees wishing to arrange a transfer of an investment fund from one retirement trust to a section 457 retirement fund may do so once a year by filing the document discussed in this article. This form can only be filed once a year and will remain in effect for the entire year. This form can be obtained from the website maintained by the Retirement Systems of Alabama.
Alabama Investment Option Election For Incoming 457 Transfer Step 1: On the first line, enter your first name, middle or maiden name, and last name.
Alabama Investment Option Election For Incoming 457 Transfer Step 2: On the second line, enter your street address or P.O. box number.
Alabama Investment Option Election For Incoming 457 Transfer Step 3: On the third line, enter your city, state and zip code.
Alabama Investment Option Election For Incoming 457 Transfer Step 4: On the fourth line, enter your Social Security number.
Alabama Investment Option Election For Incoming 457 Transfer Step 5: On the fifth line, enter your complete date of birth.
Alabama Investment Option Election For Incoming 457 Transfer Step 6: On the sixth line, enter your telephone number, including the area code..
Alabama Investment Option Election For Incoming 457 Transfer Step 7: The next section concerns section 457 transfer accounts. Check the box next to the first statement if you wish to have part or all of your trustee-to-trustee transfer funds invested in the RSA-1 fixed investment option. Write the percentage of funds you wish to have invested in this option.
Alabama Investment Option Election For Incoming 457 Transfer Step 8: Check the box next to the second statement if you wish to have part or all of your trustee-to-trustee transfer funds invested in the RSA-1 stock investment option. Write the percentage of funds you wish to have invested in this option.
Alabama Investment Option Election For Incoming 457 Transfer Step 9: The form should be signed and dated in the presence of a notary public.
Alabama Investment Option Election For Incoming 457 Transfer Step 10: File the document by mailing it to the address given at the top of the page. Note that you must file this document before these funds can be transferred.