Tax Sheltered Annuity

  • As an employee of San Juan Unified School District you are eligible to participate in the District’s 403(b) or 457 plans.  
     
    Participation in these plans is voluntary and allows you to contribute pre-tax dollars through payroll deduction.  These plans are commonly referred to as Tax Sheltered Annuities or TSA plans.  
     
    National Benefit Services (NBS) is the district's plan administrator.  Eligible employees may establish a 403(b) or 457 plan by contacting an approved company. (List of approved vendors to the right.) NBS provides a comprehensive online platform which will provide you with forms, vendor information and basic information about your deferred compensation retirement plan.  The website is: http://www.nbsbenefits.com/non-erisa-403b-forms/  In the first drop down box, select California and the San Juan Unified School District.  This website will provide you with all of the necessary forms you will need to apply for a loan or distribution from your account (Loan, Hardship or Distribution/Rollover Form), exchange funds between vendors (Exchange Form), or change your monthly allocations (Salary Reduction Agreement).  The site will also provide you with the approved vendors list.  
     
    If you have any questions, please contact NBS's Service Delivery Team dedicated to provide excellent service.  The contact information for the Service Delivery Team is:
     
    Phone: (800) 274-0503 extension 5
    Email:   403bservice@nbsbenefits.com
    Fax:     (800) 597-8206
     
    NEW PROCESS FOR TSA VENDOR SITE VISITS

    We have now implemented a new process as outlined in the (“Communication to Secretaries”). The three financial and education vendor's representatives are identified in the following Vendor Identification document,  Nationall Benefit Services has been contracted by the district to manage our process. 

    The attached document, Employee Financial Opportunities, provides basic information on tax sheltered annuities and section 125 cafeteria plans .

     

     
     
Last Modified on September 25, 2019