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How to use or fill out WWU Voluntary Investment Program (VIP) Enrollment Change Form Select One: Select One: Begin New Dedu
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Click ‘Get Form’ to open it in the editor.
Begin by filling out the Employee Information section. Enter your Last Name, First Name, and Employee ID# (W Number). This information is crucial for identifying your account.
In the Contribution Election/Change section, select your desired action: Begin New Deduction, Change Deduction, or Stop Deduction. Specify the total amount you wish to invest per paycheck, ensuring it meets the minimum of $15 and does not exceed 75% of your gross salary.
Choose your Fund Sponsor from the options provided. If selecting Fidelity Investments, ensure you have opened an account with them prior to submitting this form.
Complete the Employee Authorization section by signing and dating the form. This confirms that you understand and agree to the terms outlined.
Finally, return this completed form along with any necessary Vendor Enrollment forms to Benefits Services at Western Washington University.
Start using our platform today to easily complete your WWU VIP Enrollment Change Form for free!
Fill out WWU Voluntary Investment Program (VIP) Enrollment Change Form Select One: Select One: Begin New Dedu online It's free
Stipend is a set compensation to a non-employee intended to defray subsistence costs incurred as a participant in the event or program. Stipends are not considered wages from WWU and are subject to Internal Revenue Service (IRS) requirements for miscellaneous income reporting.
What is the stipend for?
A stipend is a fixed sum of money provided to individuals to help cover expenses during training or unpaid work. Stipends are typically not subject to withholding tax by employers, but recipients must pay applicable taxes themselves.
What is a $500 stipend?
A monthly stipend can be a small amount, like $500 to cover college textbooks, or a more docHub amount, like $1,500 to support continuing education courses.
What is the average stipend?
Overall, the average stipend funding per employee rose to $1,029, an increase of more than $170 year over year. As budgets tighten, companies are treating stipends as a strategic investment rather than scattered perks by reallocating and consolidating spend to cover multiple needs.
How is a stipend paid out?
Stipends are a fixed amount of money thats given to an employee or trainee for specific purposes that benefit the person receiving the cash. While some are a one-off payment, others are given as a daily, weekly, bi-weekly, or monthly stipend most often in a lump sum payment of the same amount.
The VIP is a qualified pension plan qualified by the Internal Revenue Service (IRS) and as such operates under the legal restraints applicable to such pension plans.
Related links
Washington Core brochure - PSHB Kaiser Permanente
If you change plans at another time during the year, you must begin a new deductible under your new plan. If you change options in this Plan during the year
Supplemental Retirement Fund Options - Human Resources
Voluntary Investment Program (VIP). The VIP is administered by Fidelity Investments and is a 403(b) plan. You can make deductions directly from your paycheck
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