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403(b) definition

403(b) has the meaning set forth in Section 6.05(f).
403(b). As part of administrator compensation, each employee shall receive six thousand five hundred dollars ($6,500) from the District to be paid directly into the employee’s selected vendor. The District does not endorse any vendor. Employees may also contribute additionally to this TSA / 403(b) account, up to the limits established by the Internal Revenue Service.
403(b). The District shall make programs available to administrators for the purchase of tax-sheltered annuities. The District does not endorse any particular vendor. The District will enter into a TSA contract when three

Related to 403(b)

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