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Saving for
Retirement:
Plan ahead for a satisfactory retirement. Contribute
to a 403(b), and/or 457(b) account on a tax-free basis.
Set aside as much as $15,500 in 2008, plus an additional
$5,000 if you are age 50 or older by 12/31/08. For
more information consult your financial planner. If
you don't have a financial planner, you may use those
provided by San Diego County Office of Education.
For more information, contact:
Mary Seki
at
(760) 510-2002 for last names from A through L
Michael
Zeiger at (858) 496-3700 ext. 307 for last names M
through Z
Palomar College will begin offering a Roth
403(b) plan effective July 1, 2008.
The only Roth 403(b) vendor is the Fringe
Benefits Consortium. Fund choices are outlined in the
forms packet on the page headed "Nationwide Enrollment
Form".
403(b)/Roth
403(b)/457(b) Plan Deferred Compensation Program
Forms Packet
(Please print forms; these cannot be completed online.)
Use the
Salary Reduction Agreement in the Forms Packet to begin, change
or
cancel your current contribution amount. Please note:
Forms must be received
by Human Resources on or before the last working day of the month
to be effective
in the next month's payroll.
For a complete list of approved vendors, go to
www.403bcompare.com,
click on
"Find My Employer", and type in "P" or "Palomar College".
For more information,
visit www.fbcretire.com
and www.403bcompare.com
For more information about
benefits, please contact Lucy Nelson, Benefits
Specialist, at ext. 2889 or
lnelson@palomar.edu.
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Benefits - 403(b)/457 Savings Plans
