403(b) Tax Shelters & Annunities

403(b) Tax Sheltered Annuity Retirement Contributions

Supplemental Retirement Saving Opportunity - The 403(b) & 457(b) TSA Plan
 
Central School District 13J offers an excellent program through which you may contribute a portion of your current income into supplemental retirement savings accounts. The District’s supplemental retirement savings program is offered under Section 403(b) of the Internal Revenue Code and is called the Tax-Sheltered Annuity Plan (“TSA Plan”). CCC has significantly enhanced the educational material available on our website to make it easy for you to learn more about supplemental retirement plans and retirement readiness. We encourage you to explore what's new at https://www.ncompliance.com/guest_employervendors.aspx?EmployerID=5.

The Oregon Savings Growth Plan (OSGP) a 457(b) is also available for retirement saving and more information can be found at http://www.oregon.gov/pers/OSGP/Pages/index.aspx.
 
All part-time and full-time employees are eligible to contribute to the TSA Plan.
 
You may begin participating in the TSA Plan at any time, by first establishing an investment account with an approved investment provider, and then completing a salary reduction agreement, signing it, and submitting it to your payroll office.   
                                           
Plan Information Is Available on the Web
 
Comprehensive information about your Employer’s TSA Plan is available on the web at www.ncompliance.com, including enrollment procedures, a salary reduction agreement form, information about Vendors eligible to receive contributions, transaction information, and educational materials. If you are starting contributions to a new Vendor, you must provide documentation that you have established an account with the Vendor. You may increase, decrease, or stop contributions to the TSA Plan or change the Vendor receiving contributions at any time, by submitting a new salary reduction agreement. 
 
 
Additional Information Available from Third Party Administrator
 
The District has adopted the services of Carruth Compliance Consulting, Inc. (CCC), an independent third party administrator, to provide compliance and administration services. For questions regarding your Employer’s TSA Plan please contact CCC at:
 
Carruth Compliance Consulting, Inc.               11515 SW Durham Road, Suite E-10
E-mail: cccinfo@ncompliance.com               Tigard, OR   97224
Phone: 503-968-8961                                       Toll-Free: 877-222-3090