It’s never too late to start saving for retirement. At the Alamo Colleges District, most full- and part-time employees are eligible to participate in the 403(b) plan. Work-study, contract employees and school board members and/or trustees are ineligible to participate.
What is a 403(b)?
A 403(b) plan, also known as a tax-sheltered annuity (TSA) plan, is a retirement plan for certain employees of public schools and certain tax-exempt organizations. It allows you to make voluntary, federal income tax-deferred contributions into a qualified retirement savings account. Although elective contributions to 403(b) account defer your federal income tax liability, they do not reduce your Social Security and Medicare taxes.
Our Approved Vendors
Alamo Colleges District has nine (9) approved 403(b) vendors. These vendors will provide you with investment information to help you select the product and investment direction best suited for your retirement needs. Please contact one of the approved vendors for more information or to set up an investment account.
2018 Retirement Benefits Guide
The guide is designed to help you with your retirement planning and provides a variety of information on the 403(b) plan.
The 2018 Alamo Colleges District Annual Retirement Benefits Guide and Approved Vendor List can be accessed by clicking on the links below.
Should you have any questions, or need additional information, please contact your college’s Benefits Coordinator. Click here for their contact information.