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Los Angeles County School District Name 403(b) Salary Reduction Agreement (SRA) Section One: Employee Information Employee Name Social Security Number Home Address City Date of Hire Date of Birth.

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Under the special 403(b) catch-up, an employee must have completed at least 15 years of service with the qualified organization sponsoring the plan. Years of service are based on an employee's work period, which may be different from the taxable year.

The District offers active employees traditional 403(b) and 457(b) voluntary deferred compensation plans.

A 403(b) plan (also called a tax-sheltered annuity or TSA plan) is a retirement plan offered by public schools and certain 501(c)(3) tax-exempt organizations. Employees save for retirement by contributing to individual accounts. Employers can also contribute to employees' accounts.

Your contribution is reported in box 12 of your W-2 with the letter code E or BB.

This must include a minimum of twenty-five (25) consecutive years of service with the District immediately prior to retirement.

The LAUSD 457(b) Plan is a deferred compensation retirement investment plan that allows you to make contributions into an account established on your behalf. You can choose to make automatic, before-tax or Roth after-tax contributions each pay period and select from a wide array of investment options.

A 403b supplemental plan is a type of defined contribution retirement plan. It is an individual retirement account where employees contribute money on a pre-tax basis. As of the 2022 tax year, teachers can divert as much as $20,500 of their salaries into a 403b plan.

Many teachers have access to a 403(b) plan, which is very similar to a 401(k) plan. This can be a very useful retirement tool as many teachers do not pay into Social Security, so they cannot rely on those benefits when they retire.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232