Enrollment in a 403(b) plan usually involves the following steps:
1. Eligibility Check: Confirm that your employer offers a 403(b) plan and that you meet the eligibility criteria. 2. Enrollment Forms: Fill out the necessary enrollment forms provided by your employer or plan administrator. 3. Contribution Amount: Decide on the amount you want to contribute, often a percentage of your salary. 4. Investment Choices: Select your preferred investment options based on your risk tolerance and retirement goals. 5. Automatic Deductions: Contributions are typically automatically deducted from your paycheck.
