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     Deferred Compensation Retirement Plans
                  

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    403(b) Administrator
     


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    457(b) Administrator

     888-796-3786

     

     844-525-2873 

     

    The 403(b) and 457(b) voluntary deferred compensation plans are available to active employees.  They allow for the investment of pre-tax earnings, through automatic payroll deductions, to save for retirement. 

     

    Any investment gains/losses are tax-deferred until withdrawn.  Contributions may also lower current income taxes.

     
    For more resources on the District Sponsored 457(b) plan, visit Voya Financial®.
     
            
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     403(b) Plan  457(b) Plan

    10% early withdrawal federal tax penalty if not age 59½ regardless   of separation from service.

    No 10% early withdrawal federal tax penalty after separation from service.
    Withdrawals made prior to separation from service or prior to age 59½ can only be made due to financial hardship.   Withdrawals made prior to separation from service or prior to age 70½ can only be made in an unforeseeable emergency.