3.3.13 – Tax Sheltered Annuities (403b)
POLICY: Spoon River College allows eligible employees to voluntarily defer compensation into an approved Tax Sheltered Annuity.
This policy applies to all Spoon River College employees.
- The Spoon River College voluntary deferred compensation benefit plan meets all of the legal requirements of the IRS.
- The College has elected to utilize a third party administrator (TPA) to administer this benefit program. All questions related to this benefit program should be directed to the TPA.