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Tax Sheltered Annuities, Supplemental Retirement Plans (403b) & Investments

A tax-deferred annuity is a voluntary program adopted by employers to help their employees plan for retirement. Your tax-deferred annuity (403b) is one of the best optional retirement funding vehicles available today.

How does is work?
Through payroll deduction, pre-tax dollars are invested in the account of your choice, reducing your current taxable income. Investment earnings accumulate and compound on a tax-deferred basis until you retire. The limit for deferral is currently $17,500 for employees under age 50 and $23,000 for employees age 50 and older.

Plan Provider Ratings
To protect employees, administer an efficient plan and provide plan oversight, the SIU Board of Trustees' policies and guidelines require plan providers to maintain a minimum rating of A+ from A.M. Best and minimum participation levels of 40 employees with $2,500 contributed monthly.

Employer Signature
Beginning in 2007, employers were required to administer their plans with greater control and oversight. One component of this control requires employers to sign all loans, hardship withdrawals, rollovers, and transfers for current and past employees. In the past, no employer signature was necessary. Current and previous SIUE employees will now need the employer's signature to complete these transactions.

DOWNLOADS
SIUE SUPPLEMENTAL RETIREMENT (403b) PLAN SUMMARY [IMAGE: Word Document]
SIUE SUPPLEMENTAL RETIREMENT (403b) PLAN [IMAGE: pdf]
SUPPLEMENTAL RETIREMENT PLAN SALARY REDUCTION AGREEMENT FORM (403b) [IMAGE: pdf]
PRIOR SUPPLEMENTAL RETIREMENT PLAN VENDORS (403b)

Please contact the representatives listed below for prospectuses and necessary forms.

AXA EQUITABLE
Ryan A. Brown, CFP®
Evergreen Wealth Strategies
807 West Highway 50, Suite 6
O'Fallon, IL 62269
Phone: 618/628-3400
Fax: 618/624-8397
Cell: 618/670-8350
Email: rbrown@evergreenstl.com
Website: www.evergreenstl.com
Electronic Brochures:
AXA Group Variable Annuity Investment Portfolio Expenses Chart [IMAGE: pdf]
AXA Group Variable Annuity Investment Flyer [IMAGE: pdf]
AXA Group Variable Annuity Fact Card [IMAGE: pdf]
AXA Group Variable Annuity Brochure [IMAGE: pdf]

Mass Mutual Life Insurance Company
Peggy L. Klostermann-Elliott, ChFC
Silver Creek Financial
1412 Broadway
Highland, IL 62249
Phone: 618/651-9800, Ext. 23
Email: pelliott@silvercreekfin.com
Electronic Brochures:
Advantages of a TSA [IMAGE: pdf]
An Educational Guide for TSA Participants [IMAGE: pdf]
About Peggy L. Klostermann Elliott [IMAGE: pdf]

Teachers Insurance & Annuity Association (TIAA-CREF)
Jim Pinkston
Consultant Individual Client Services
211 North Broadway, Suite 1000
St. Louis, MO 63102
Phone: 314/763-6704
Fax: 314/244-5215
Email: jpinkston@tiaa-cref.org
Website: tiaa-cref.org/moc
Electronic Brochures:
Roth Contributions (403b) [IMAGE: pdf] Available Soon
Your Guide to Tax Deferred Annuities [IMAGE: pdf]

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