Tax Shelter Annuities. 9.7.1 A tax-sheltered annuity program and deferred compensation are available to all unit members.
Tax Shelter Annuities. The District shall make appropriate reductions in pay for Xx. Xxxxx if he chooses to request tax sheltered annuity reductions and shall forward any amount so designated by Xx. Xxxxx to an approved vendor through a remitting agent.
Tax Shelter Annuities. A. Embodying the benefits of Section 403(b) and 457 of the Internal Revenue Code of 1954 as amended, the Board may, upon written authorization of the employee, make salary reductions to be applied to the purchase of an annuity contract.
Tax Shelter Annuities. The Principals will be eligible to participate in a tax sheltered annuity plan through deductions established pursuant to United States Public Las #87-70 M.S. 123.35 Subd 12, and School district policy.
Tax Shelter Annuities. Arrangements for payroll deduction from the wages of each teacher for tax sheltered annuities shall be instituted when requested by the individual teacher.
Tax Shelter Annuities. The Board shall provide for a 403(b) tax shelter with semi-monthly deductions and individual account deposits within five (5) workdays.
Tax Shelter Annuities. (a) All personnel may participate in the Tax Sheltered Annuities program. Bus drivers may participate with contributions and matching based on the employee’s regularly scheduled hours.
Tax Shelter Annuities. Unit members may participate in the tax shelter annuity of their choice with the District providing payroll adjustment for this purpose.
