We are pleased to announce the 403(b) Retirement Plan as an added benefit to our employees. The 403(b) Retirement Plan acts very similar to a 401(k) Plan and provides several benefits, including:
- Contributions to the plan are held in a governmental retirement account with tax benefits.
- Money may be accessed for various reasons. See the attached notice for distribution reasons.
- Contribution limits are much higher than the limits in IRAs.
We are excited to offer this valuable benefit to our employees, and encourage everyone to participate. Once you have established an account with a Vendor, please complete the “Salary Reduction Agreement” form indicating how much you would like to contribute. After that, please return it to the address or fax # provided on the bottom of the form and they will take care of the rest.
