{"id":1288,"date":"2013-10-02T15:38:46","date_gmt":"2013-10-02T22:38:46","guid":{"rendered":"https:\/\/www.palomar.edu\/hr\/?page_id=1288"},"modified":"2026-05-20T10:32:50","modified_gmt":"2026-05-20T17:32:50","slug":"retirementsavings","status":"publish","type":"page","link":"https:\/\/www.palomar.edu\/hr\/retirementsavings\/","title":{"rendered":"Retirement Savings Plans &#8211; 403(b)\/457(b)"},"content":{"rendered":"<p>These funds are a great way to ensure that you have enough income in retirement, and reduce taxable income. <a href=\"https:\/\/www.palomar.edu\/hr\/wp-content\/uploads\/sites\/157\/2026\/01\/2026-FBC-Universal-Notification-Letter-403b-457b.pdf\">403(b)-457(b) Universal Availability Notification<\/a>.<\/p>\n<h2>How to start investing<\/h2>\n<p>Complimentary retirement plan counseling is available through our plan. This can help you understand 403(b)\/457(b) investment in conjunction with your pension benefits. You can even obtain assistance with plan enrollment. <a href=\"https:\/\/www.empower.com\/learning_center\/index.shtml#\/\">Why enroll in a 403(b) or 457(b)<\/a>?<\/p>\n<p><a href=\"https:\/\/www.sdcoe.net\/administrative-services\/business-services\/risk-management\/fbc-deferred-compensation\">SDCOE FBC Plan Website<\/a><br \/>\nFor information you can email <a href=\"mailto:FBCSupport@planmember.com\">FBCSupport@planmember.com<\/a><br \/>\n(833)752-6322<\/p>\n<h2>Contribution Limits<\/h2>\n<ul>\n<li>Maximum 2026 contribution $24,500<\/li>\n<li>Catch up contribution of $8,000 if you are age 50 or older<\/li>\n<\/ul>\n<h2>Investment Changes<\/h2>\n<ul>\n<li>Contribution changes go directly to Schools First FCU, (800)462-8328 x-4727 or <a href=\"mailto:rpa@schoolsfirstfcu.org\">rpa@schoolsfirstfcu.org<\/a>\n<ul>\n<li><a href=\"https:\/\/www.palomar.edu\/hr\/wp-content\/uploads\/sites\/157\/2025\/12\/403-200-SF-Salary-Reduction-Agreement.pdf\">403(b) Change Form<\/a><\/li>\n<li><a href=\"https:\/\/www.palomar.edu\/hr\/wp-content\/uploads\/sites\/157\/2025\/12\/457b-Salary-Reduction-Agreement-SRA.pdf\">457(b) Change Form<\/a><\/li>\n<\/ul>\n<\/li>\n<li>Rollover and Distribution Forms\n<ul>\n<li><a href=\"https:\/\/www.palomar.edu\/hr\/wp-content\/uploads\/sites\/157\/2023\/12\/403b-rollover.pdf\">403(b) distribution form<\/a><\/li>\n<li><a href=\"https:\/\/www.palomar.edu\/hr\/wp-content\/uploads\/sites\/157\/2023\/12\/457distribution-form.pdf\">457(b) distribution form<\/a><\/li>\n<\/ul>\n<\/li>\n<li>The Human Resource Services Benefits Office will process Schools First FCU changes on the 1st of each month. Changes received after the 1st will be made the following month.<\/li>\n<\/ul>\n<h3>Contact<\/h3>\n<p><a href=\"https:\/\/www.palomar.edu\/hr\/wp-content\/uploads\/sites\/157\/2021\/03\/TPA-Contact-Flyer.pdf\">Schools First CU<\/a> (800)462-8328 x-4727 or <a href=\"mailto:rpa@schoolsfirstfcu.org\">rpa@schoolsfirstfcu.org<\/a><br \/>\nPalomar Benefits Office x-2889\/x-3053 or <a href=\"mailto:benefits@palomar.edu\">benefits@palomar.edu<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>These funds are a great way to ensure that you have enough income in retirement, and reduce taxable income. 403(b)-457(b) Universal Availability Notification. How to start investing Complimentary retirement plan counseling is available through our plan. This can help you understand 403(b)\/457(b) investment in conjunction with your pension benefits. You can even obtain assistance with&hellip; <a class=\"continue\" href=\"https:\/\/www.palomar.edu\/hr\/retirementsavings\/\">Continue Reading<span> Retirement Savings Plans &#8211; 403(b)\/457(b)<\/span><\/a><\/p>\n","protected":false},"author":12336,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-1288","page","type-page","status-publish","hentry"],"featured_image_src":null,"acf":[],"_links":{"self":[{"href":"https:\/\/www.palomar.edu\/hr\/wp-json\/wp\/v2\/pages\/1288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.palomar.edu\/hr\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.palomar.edu\/hr\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.palomar.edu\/hr\/wp-json\/wp\/v2\/users\/12336"}],"replies":[{"embeddable":true,"href":"https:\/\/www.palomar.edu\/hr\/wp-json\/wp\/v2\/comments?post=1288"}],"version-history":[{"count":14,"href":"https:\/\/www.palomar.edu\/hr\/wp-json\/wp\/v2\/pages\/1288\/revisions"}],"predecessor-version":[{"id":12666,"href":"https:\/\/www.palomar.edu\/hr\/wp-json\/wp\/v2\/pages\/1288\/revisions\/12666"}],"wp:attachment":[{"href":"https:\/\/www.palomar.edu\/hr\/wp-json\/wp\/v2\/media?parent=1288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}