As your employer, IRS regulations require us to notify employees annually of their eligibility to participate in the 403(b) plan. Attached you will find an electronic copy of your 2020 Meaningful Notice and an Annual Retirement Benefits Guide (ARBG) containing plans available to you.
Please review the materials thoroughly as you will find Plan information, as well as a worksheet on page 10 of the ARBG containing the 2020 basic contribution limit, which will help you determine your Maximum Allowable Contribution “MAC” amount.
A current list of your authorized Investment Providers and a Salary Reduction Agreement “SRA” form is located at: https://www.tsacg.com/individual/plan-sponsor/georgia/colquitt-county-schools/.
You can find a MAC calculator at: https://www.tsacg.com/calculations/mac-calculator/.
If you have any questions please contact Melissa Goodroe, Employee Benefits Coordinator at firstname.lastname@example.org or your Authorized Investment Provider.
For plan investment advice, it is suggested that you consult a Financial Advisor.
Tax Sheltered Annuities