VOLUNTARY RETIREMENT PLANS

Saving additional dollars for retirement today can help bring you financial stability and security when you retire. Contributing to a 403(b), 457(b), or both, can help bridge the income gap at retirement, reduce current taxes and earn you tax-free income.

Did you know that you have many choices when it comes to where you invest your dollars? Garland ISD does not sponsor or endorse any investment company or salesperson. Just because a sales person contacts you representing an investment company that is available to Garland ISD employees doesn’t mean they’re the best fit for you.

Garland ISD has contracted with TCG Advisors to administer 403(b) and 457(b) plans for the district. TCG is also affiliated with Region10 Retirement Asset Management (RAMS).   TCG’s responsibilities as third-party administrator include providing district employees with free, unbiased information about all of the retirement plan and investment options available as well as:

• • Retirement planning basics
    • How much money will I need to live comfortably?
    • How much do I need to save to get there?
    • How can I make retirement planning easier?
  • Features of 403(b) and 457(b) plans
  • Investment options available under each plan
  • Tax benefits of Traditional vs. Roth contributions
  • TRS and Social Security pension benefits including the Windfall Elimination Provision
  • How to enroll in a 403(b) or 457(b) and enrollment assistance
  • Assistance with rollovers and distributions including signatures on paperwork
  • One-on-one education and consultations