{"id":2767,"date":"2019-07-24T21:45:17","date_gmt":"2019-07-24T21:45:17","guid":{"rendered":"http:\/\/ffbenefits.ffga.com\/bossierparish\/?page_id=2767"},"modified":"2025-12-08T21:25:44","modified_gmt":"2025-12-08T21:25:44","slug":"403b-retirement-plan","status":"publish","type":"page","link":"https:\/\/ffbenefits.ffga.com\/bossierparish\/403b-retirement-plan\/","title":{"rendered":"403(b) Retirement Plan"},"content":{"rendered":"\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-2af37b-c030e1ca2c4555d91a4ce80c67e7533b\">\n.flex_column.av-2af37b-c030e1ca2c4555d91a4ce80c67e7533b{\n-webkit-border-radius:0px 0px 0px 0px;\n-moz-border-radius:0px 0px 0px 0px;\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div class='flex_column av-2af37b-c030e1ca2c4555d91a4ce80c67e7533b av_one_full  avia-builder-el-0  el_before_av_two_third  avia-builder-el-first  first flex_column_div av-zero-column-padding '     ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-jyhrqpwm-e75a643ee5febe1077d591a5a68dbb23\">\n.avia-image-container.av-jyhrqpwm-e75a643ee5febe1077d591a5a68dbb23 img.avia_image{\nbox-shadow:none;\n}\n.avia-image-container.av-jyhrqpwm-e75a643ee5febe1077d591a5a68dbb23 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-jyhrqpwm-e75a643ee5febe1077d591a5a68dbb23 av-styling- avia-align-center  avia-builder-el-1  avia-builder-el-no-sibling '   itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-2776 avia-img-lazy-loading-not-2776 avia_image ' src=\"\/wp-content\/uploads\/sites\/2398\/2019\/07\/403b-1500x202.png\" alt='403b Retirement Plans' title='403b'  height=\"202\" width=\"1500\"  itemprop=\"thumbnailUrl\" srcset=\"\/wp-content\/uploads\/sites\/2398\/2019\/07\/403b.png 1500w, \/wp-content\/uploads\/sites\/2398\/2019\/07\/403b-300x40.png 300w, \/wp-content\/uploads\/sites\/2398\/2019\/07\/403b-768x103.png 768w, \/wp-content\/uploads\/sites\/2398\/2019\/07\/403b-1030x139.png 1030w, \/wp-content\/uploads\/sites\/2398\/2019\/07\/403b-705x95.png 705w, \/wp-content\/uploads\/sites\/2398\/2019\/07\/403b-450x61.png 450w\" sizes=\"(max-width: 1500px) 100vw, 1500px\" \/><\/div><\/div><\/div><\/div>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-65xldz-ab5d24ccc785e4e0496a3c574589bf88\">\n.flex_column.av-65xldz-ab5d24ccc785e4e0496a3c574589bf88{\n-webkit-border-radius:0px 0px 0px 0px;\n-moz-border-radius:0px 0px 0px 0px;\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div class='flex_column av-65xldz-ab5d24ccc785e4e0496a3c574589bf88 av_two_third  avia-builder-el-2  el_after_av_one_full  el_before_av_one_third  first flex_column_div av-zero-column-padding column-top-margin'     ><p><section  class='av_textblock_section av-jx3muuys-b48d46802976f30a2ab505615523f86a'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><p>The 403(b) can be an excellent way to save money for retirement. It can serve as a supplement to a traditional pension plan or other retirement plan(s), or as a stand-alone plan. The 403(b) is a tax deferred retirement plan available to employees of educational institutions and certain non-profit organizations as determined by section 501(c)(3) of the Internal Revenue Code. Contributions and investment earnings in a 403(b) grow tax deferred until withdrawal (assumed to be retirement), at which time they are taxed as ordinary income. The 403(b) is named after the section of the IRS code governing it. <b>How a 403(b) Works<\/b> Employees enroll and participate through their employer. Contributions to a 403(b) are made on a pre-tax basis through a Salary Reduction Agreement. This is an arrangement where the participating employee agrees to take a reduction in salary. The amount by which the salary is reduced is directed to investments offered through the employer and selected by the employee. These contributions are called elective deferrals and are excluded from the employee&#8217;s taxable income. Contributions grow tax-deferred until the time of retirement, when withdrawals are taxed as ordinary income.<\/p>\n<p><strong>Benefits Include:<\/strong><\/p>\n<ul>\n<li>Tax deferred growth: no annual taxation on earnings<\/li>\n<li>Investment options: fixed annuities, variable annuities, or mutual funds<\/li>\n<li>Competitive interest rates<\/li>\n<li>Flexibility: start, stop, and adjust your contributions as allowed by your employer&#8217;s plan.<\/li>\n<li>Receive periodic account statements<\/li>\n<\/ul>\n<p><strong>Contribution Limits<\/strong><\/p>\n<ul>\n<li><strong>2025<\/strong>: $23,500<\/li>\n<li><strong>2026<\/strong>: $24,500<\/li>\n<li>Participants aged 50 and older at any time during the calendar year are permitted to contribute an additional $8,000.<\/li>\n<\/ul>\n<p><em>All investing involves risk. Past performance is not a guarantee of future returns.<\/em><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-jv9m4793-506a767ece1d2cdc3c0bd75ab31e8a9f\">\n#top .avia-icon-list-container.av-jv9m4793-506a767ece1d2cdc3c0bd75ab31e8a9f .iconlist_icon{\ncolor:#ffffff;\nbackground-color:#c42032;\n}\n<\/style>\n<div  class='avia-icon-list-container av-jv9m4793-506a767ece1d2cdc3c0bd75ab31e8a9f  avia-builder-el-4  el_after_av_textblock  avia-builder-el-last '><ul class='avia-icon-list avia_animate_when_almost_visible avia-icon-list-left av-iconlist-big av-jv9m4793-506a767ece1d2cdc3c0bd75ab31e8a9f avia-iconlist-animate'>\n<li><div class='iconlist_icon av-2i0ssv-b899565c743057dbd7cc0aeb32866006 avia-font-entypo-fontello'><span class='iconlist-char' aria-hidden='true' data-av_icon='\ue835' data-av_iconfont='entypo-fontello'><\/span><\/div><article class=\"article-icon-entry \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class=\"iconlist_content_wrap\"><header class=\"entry-content-header\"><h4 class='av_iconlist_title iconlist_title  '  itemprop=\"headline\" ><a href='http:\/\/services.ffga.com\/403(b)-home\/403(b)-employer-information.aspx' title='EMPLOYER PLAN AND PROVIDER INFORMATION'>EMPLOYER PLAN AND PROVIDER INFORMATION<\/a><\/h4><\/header><div class='iconlist_content '  itemprop=\"text\" ><p>View administration, enrollment, contribution and plan option details.<\/p>\n<\/div><\/div><footer class=\"entry-footer\"><\/footer><\/article><div class=\"iconlist-timeline\"><\/div><\/li>\n<li><div class='iconlist_icon av-4abef3-a1b6e39aa5b40f2ecf1e20db8c02eda7 avia-font-entypo-fontello'><span class='iconlist-char' aria-hidden='true' data-av_icon='\ue81f' data-av_iconfont='entypo-fontello'><\/span><\/div><article class=\"article-icon-entry \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class=\"iconlist_content_wrap\"><header class=\"entry-content-header\"><h4 class='av_iconlist_title iconlist_title  '  itemprop=\"headline\" >403(b) PLAN INFORMATION<\/h4><\/header><div class='iconlist_content '  itemprop=\"text\" ><div>\n<ul>\n<li><a href=\"https:\/\/www.ffga.com\/wp-content\/uploads\/universalavailabilitynotice.pdf\" target=\"_blank\" rel=\"noopener\">Universal Availability Notice<\/a><\/li>\n<li><a class=\"ADAbluetext\" href=\"https:\/\/www.ffga.com\/wp-content\/uploads\/f-403bsra.pdf\" target=\"_blank\" rel=\"noopener\">403(b) Salary Reduction Agreement<\/a><\/li>\n<li><a class=\"ADAbluetext\" href=\"http:\/\/www.ffga.com\/media\/63139\/disclosure_statement.pdf\" target=\"_blank\" rel=\"noopener\">403(b)\/403(b)(7) Disclosure Statement &#8211; Fixed &amp; Variable Annuities\/Mutual Funds<\/a><\/li>\n<li><a href=\"\/wp-content\/uploads\/sites\/2398\/2025\/12\/403b-Flyer-Corebridge.pdf\" target=\"_blank\" rel=\"noopener\">403(b) Flyer &#8211; Corebridge<\/a><\/li>\n<li><a href=\"\/wp-content\/uploads\/sites\/2398\/2025\/12\/403b-Flyer-ValuTeachers.pdf\" target=\"_blank\" rel=\"noopener\">403(b) Flyer &#8211; National Life<\/a><\/li>\n<li><a href=\"\/wp-content\/uploads\/sites\/2398\/2025\/12\/403b-Flyer-Voya.pdf\" target=\"_blank\" rel=\"noopener\">403(b) Flyer &#8211; Voya<\/a><\/li>\n<\/ul>\n<\/div>\n<div><\/div>\n<\/div><\/div><footer class=\"entry-footer\"><\/footer><\/article><div class=\"iconlist-timeline\"><\/div><\/li>\n<\/ul><\/div><\/p><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-3yyvfb-35bb2a92659c41af30d44ecd9a8df53c\">\n.flex_column.av-3yyvfb-35bb2a92659c41af30d44ecd9a8df53c{\n-webkit-border-radius:0px 0px 0px 0px;\n-moz-border-radius:0px 0px 0px 0px;\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div class='flex_column av-3yyvfb-35bb2a92659c41af30d44ecd9a8df53c av_one_third  avia-builder-el-5  el_after_av_two_third  el_before_av_heading  flex_column_div av-zero-column-padding column-top-margin'     ><p>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-bx2hqw-fc6d32d9a893ff68993504cbfd7e321c\">\n.iconbox.av-bx2hqw-fc6d32d9a893ff68993504cbfd7e321c .iconbox_icon{\nbackground-color:#c42032;\n}\n<\/style>\n<article  class='iconbox iconbox_top av-bx2hqw-fc6d32d9a893ff68993504cbfd7e321c  avia-builder-el-6  el_before_av_icon_box  avia-builder-el-first  main_color'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class=\"iconbox_content\"><header class=\"entry-content-header\"><div class=\"iconbox_icon heading-color\" aria-hidden='true' data-av_icon='\ue854' data-av_iconfont='entypo-fontello'><\/div><h3 class='iconbox_content_title '  itemprop=\"headline\" ><a href='http:\/\/services.ffga.com\/403(b)-home\/403(b)-employer-information.aspx' title='First Financial Administrators, Inc.' target=\"_blank\" rel=\"noopener noreferrer\">First Financial Administrators, Inc.<\/a><\/h3><\/header><div class='iconbox_content_container '  itemprop=\"text\" ><p>800-523-8422, option 2<\/p>\n<p><a href=\"mailto:retirement@ffga.com\">retirement@ffga.com<\/a><\/p>\n<\/div><\/div><footer class=\"entry-footer\"><\/footer><\/article><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-mixcc1bs-3b00ffcf4b05b41fbeb2871357093778\">\n.iconbox.av-mixcc1bs-3b00ffcf4b05b41fbeb2871357093778 .iconbox_icon{\nbackground-color:#c42032;\n}\n<\/style>\n<article  class='iconbox iconbox_top av-mixcc1bs-3b00ffcf4b05b41fbeb2871357093778  avia-builder-el-7  el_after_av_icon_box  el_before_av_icon_box  main_color'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class=\"iconbox_content\"><header class=\"entry-content-header\"><div class=\"iconbox_icon heading-color\" aria-hidden='true' data-av_icon='\ue854' data-av_iconfont='entypo-fontello'><\/div><h3 class='iconbox_content_title '  itemprop=\"headline\" ><a href='http:\/\/services.ffga.com\/403(b)-home\/403(b)-employer-information.aspx' title='Corebridge' target=\"_blank\" rel=\"noopener noreferrer\">Corebridge<\/a><\/h3><\/header><div class='iconbox_content_container '  itemprop=\"text\" ><p>Sarah Burton<\/p>\n<p>Cell: 318-553-3600<\/p>\n<p>Client Care Center: 800-448-2542<\/p>\n<p><a href=\"mailto:sarah.burton@corebridgefinancial.com\" target=\"_blank\" rel=\"noopener\">sarah.burton@corebridgefinancial.com<\/a><\/p>\n<\/div><\/div><footer class=\"entry-footer\"><\/footer><\/article><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-mixccwgo-cb42c586b0a901396c2c3b5a28c66912\">\n.iconbox.av-mixccwgo-cb42c586b0a901396c2c3b5a28c66912 .iconbox_icon{\nbackground-color:#c42032;\n}\n<\/style>\n<article  class='iconbox iconbox_top av-mixccwgo-cb42c586b0a901396c2c3b5a28c66912  avia-builder-el-8  el_after_av_icon_box  el_before_av_icon_box  main_color'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class=\"iconbox_content\"><header class=\"entry-content-header\"><div class=\"iconbox_icon heading-color\" aria-hidden='true' data-av_icon='\ue854' data-av_iconfont='entypo-fontello'><\/div><h3 class='iconbox_content_title '  itemprop=\"headline\" ><a href='http:\/\/services.ffga.com\/403(b)-home\/403(b)-employer-information.aspx' title='National Life' target=\"_blank\" rel=\"noopener noreferrer\">National Life<\/a><\/h3><\/header><div class='iconbox_content_container '  itemprop=\"text\" ><p>Stan Kirkikis<\/p>\n<p>Cell: 318-278-2455<\/p>\n<p>Customer Service: 800-579-2878<\/p>\n<p><a href=\"mailto:skirkikis@valueteachers.com\" target=\"_blank\" rel=\"noopener\">skirkikis@valueteachers.com<\/a><\/p>\n<\/div><\/div><footer class=\"entry-footer\"><\/footer><\/article><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-mixcdvyn-1f9c12f07eac5cae0161469cf74ca509\">\n.iconbox.av-mixcdvyn-1f9c12f07eac5cae0161469cf74ca509 .iconbox_icon{\nbackground-color:#c42032;\n}\n<\/style>\n<article  class='iconbox iconbox_top av-mixcdvyn-1f9c12f07eac5cae0161469cf74ca509  avia-builder-el-9  el_after_av_icon_box  avia-builder-el-last  main_color'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class=\"iconbox_content\"><header class=\"entry-content-header\"><div class=\"iconbox_icon heading-color\" aria-hidden='true' data-av_icon='\ue854' data-av_iconfont='entypo-fontello'><\/div><h3 class='iconbox_content_title '  itemprop=\"headline\" ><a href='http:\/\/services.ffga.com\/403(b)-home\/403(b)-employer-information.aspx' title='Voya' target=\"_blank\" rel=\"noopener noreferrer\">Voya<\/a><\/h3><\/header><div class='iconbox_content_container '  itemprop=\"text\" ><p>Matt Saterfiel<\/p>\n<p>Cell: 318-387-9168<\/p>\n<p>Customer Service: 800-584-6001<\/p>\n<p><a href=\"mailto:mattsaterfiel@ingfp.com\" target=\"_blank\" rel=\"noopener\">mattsaterfiel@ingfp.com<\/a><\/p>\n<\/div><\/div><footer class=\"entry-footer\"><\/footer><\/article><\/p><\/div><\/p>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1vebtb-c5d8e2ae3ffafc5202b4e7ae2ef3cf3f\">\n#top .av-special-heading.av-1vebtb-c5d8e2ae3ffafc5202b4e7ae2ef3cf3f{\npadding-bottom:10px;\n}\nbody .av-special-heading.av-1vebtb-c5d8e2ae3ffafc5202b4e7ae2ef3cf3f .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-1vebtb-c5d8e2ae3ffafc5202b4e7ae2ef3cf3f .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-1vebtb-c5d8e2ae3ffafc5202b4e7ae2ef3cf3f av-special-heading-h3  avia-builder-el-10  el_after_av_one_third  el_before_av_video '><h3 class='av-special-heading-tag'  itemprop=\"headline\"  >403(b) PLAN VIDEO<\/h3><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div>\n<div  class='avia-video av-jv8ozkwj-555fde4a68d35e7edf67c2009bc57c2e avia-video-16-9 av-no-preview-image avia-video-load-always av-lazyload-immediate av-lazyload-video-embed'  itemprop=\"video\" itemtype=\"https:\/\/schema.org\/VideoObject\"  data-original_url='https:\/\/ffga.wistia.com\/medias\/o9ewzjvp5u '><script type='text\/html' class='av-video-tmpl'><div class='avia-iframe-wrap'><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" title=\"403(b) Video\" src=\"https:\/\/fast.wistia.net\/embed\/iframe\/o9ewzjvp5u?dnt=1#?secret=6WRg4UOr7V\" data-secret=\"6WRg4UOr7V\" frameborder=\"0\" scrolling=\"no\" width=\"640\" height=\"360\"><\/iframe><\/div><\/script><div class='av-click-to-play-overlay'><div class=\"avia_playpause_icon\"><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":10,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-2767","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/ffbenefits.ffga.com\/bossierparish\/wp-json\/wp\/v2\/pages\/2767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ffbenefits.ffga.com\/bossierparish\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ffbenefits.ffga.com\/bossierparish\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ffbenefits.ffga.com\/bossierparish\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/ffbenefits.ffga.com\/bossierparish\/wp-json\/wp\/v2\/comments?post=2767"}],"version-history":[{"count":32,"href":"https:\/\/ffbenefits.ffga.com\/bossierparish\/wp-json\/wp\/v2\/pages\/2767\/revisions"}],"predecessor-version":[{"id":3353,"href":"https:\/\/ffbenefits.ffga.com\/bossierparish\/wp-json\/wp\/v2\/pages\/2767\/revisions\/3353"}],"wp:attachment":[{"href":"https:\/\/ffbenefits.ffga.com\/bossierparish\/wp-json\/wp\/v2\/media?parent=2767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}